308 Palmerston Avenue, Unit PH07, Toronto, ON

$949,000
MLS#:C13803024
3 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
Residential Condo & Other for sale - 3 Bed, 2 Bath Home at 308 Palmerston Avenue Toronto ON listed at $949,000 (MLS# C13803024) - Main View
Open House
For Sale
Added:Sep 17, 2026(1 day ago)
Updated:Sep 18, 2026(today)
Last Checked:17 minutes ago

Property Highlights

Welcome to this remarkable 2-Storey common element condo located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $949,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rare Two-Storey Penthouse at 308 Palmerston Ave! Fantastic location in the heart of Little Italy, just North of Trinity Bellwoods and Queen West. This bright and spacious 2-bedroom + Den, 2-bathroom penthouse features an inviting open layout, floor to ceiling windows, and an impressive 150 sq.ft. private terrace with beautiful views. The main level offers an expansive living and dining area with plenty of natural light, creating an inviting space for both everyday living and entertaining. Upstairs, you'll find two bedrooms, a versatile den, and two full bathrooms, offering excellent separation and privacy. Step outside to your private terrace and enjoy the views and outdoor living space that make this penthouse truly special. Includes 1 underground parking space and 1 storage locker. Ideally located in the heart of Toronto, close to several Parks, University of Toronto, hospitals, transit, restaurants, cafés, shopping, and everything this amazing neighbourhood has to offer. A rare opportunity to own a distinctive two-storey penthouse with exceptional indoor and outdoor space in one of downtown Toronto's most convenient locations.

Upcoming Open Houses

1 Scheduled
Saturday, September 19, 20262:00 PM - 4:00 PMPublic
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Property Summary

This condo apartment located at 308 Palmerston Avenue, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $949,000 with an estimated mortgage of $3,159* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 square feet. 308 Palmerston Avenue, Toronto is in the Palmerston-Little Italy neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Palmerston-Little Italy, Toronto.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1000-1199 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Toronto.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Price$949,000
Maintenance Fee$1,363.67/mo
AddedSep 17, 2026 (1 day ago)
UpdatedSep 18, 2026 (today)
Last Checked17 minutes ago
Transaction TypeFor Sale
List Office NameROYAL LEPAGE SIGNATURE REALTY

Property Details

Property Sub-TypeCommon Element Condo
Architectural Style2-Storey
ConstructionBrick, Concrete
BasementNone
CountyToronto
Annual Tax$4,972.17
Rental ItemsNone

Parking & Garage

Parking Total1.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Library
  • Park
  • Public Transit
  • Terraced

Interior Features

  • None

Security Features

  • Concierge/Security
  • Security Guard

Community Features

None listed

Property History

No historical data available for this property.

This could be the first listing for this address.

Toronto Home Buyer Advisory & Market HubActive MLS® Listing in Toronto, Ontario

Looking to Buy a Home in Toronto?

If you are looking for a house in Toronto or researching Toronto real estate for sale, this 3-bedroom condo apartment at 308 Palmerston Avenue, Unit PH07, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.

Toronto Homes for Sale & MLS® Listings

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Dedicated Toronto Buyer Agent

Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.

Toronto Buyer Budget & Costs

Estimated mortgage: $3,159*/month*. Estimated Ontario Land Transfer Tax: $30,910. First-time Toronto home buyers may qualify for up to $8,475 in rebates.

Frequently Asked Questions: Buying a Home in Toronto

Frequently Asked Questions about 308 Palmerston Avenue, Unit PH07, Toronto, ON

Q.What is the asking price for 308 Palmerston Avenue, Unit PH07, Toronto, ON ?

The current listing price for 308 Palmerston Avenue, Unit PH07, Toronto, ON in Palmerston-Little Italy, Toronto is $949,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.

Q.What property type and architectural style is 308 Palmerston Avenue, Unit PH07, Toronto, ON ?

308 Palmerston Avenue, Unit PH07, Toronto, ON is a Common Element Condo (2-Storey) featuring a None basement.

Q.What key property features does 308 Palmerston Avenue, Unit PH07, Toronto, ON offer?

Key property features include: Hospital, Library, Park, Public Transit, Terraced.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What security features are installed at 308 Palmerston Avenue, Unit PH07, Toronto, ON ?

Security features include: Concierge/Security, Security Guard.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Virtual Tour & 3D Walkthrough

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Location

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308 Palmerston Avenue, Unit PH07, Toronto, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Palmerston-Little Italy, Toronto

SAFETY RATING9.1 / 10
Low Incident Area
Total Annual Incidents152 incidents / yr
Average Per Month12.7 incidents / mo
Population Benchmark14,054 residents
Personal Safety
Moderate

69 assaults (483.0/100k)

Property Security
Moderate

44 B&E (308.0/100k)

Auto Theft Risk
Elevated

15 thefts (105.0/100k)

1-Year Trend
â–Ľ 19.1%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 308 Palmerston Avenue PH07, Toronto, ON M6J 3X9

Estimated Sales Range
$902,000 - $930,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$284,700 (30.0%)
* Minimum Canadian down payment required for this price is $69,900.
Amortization Period30 Years
Estimated Monthly Payment$3,159Based on a loan of $664,300 over 30 years.
Purchase Price$949,000
Loan Amount$664,300
Provincial Land Transfer Tax:$15,455
Toronto Municipal Land Transfer Tax:$15,455
Total Estimated Closing Taxes:$30,910

About Purchasing a Home in Toronto, ON

For a property listed at $949,000 in Toronto, the legal minimum down payment is $69,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,455 also applies, bringing the total estimated land transfer taxes to $30,910.

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Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,439,967

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Toronto

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
John Ross Robertson
Public130 Glengrove Avenue West, Toronto, Ontario, M4R 1P2
8.5
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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