308 Palmerston Avenue, Unit PH07, Toronto, ON
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 $899,999 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
- Ample parking with 1.0 garage spaces (1.0 total parking spaces) 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! Located on prestigious Palmerston Avenue in the heart of Little Italy, this bright and spacious 2-bedroom + den, 2-bathroom penthouse offers a unique blend of condo convenience and house-like living. Enjoy an open layout, soaring ceilings, floor-to-ceiling windows, and an impressive private terrace with beautiful, unobstructed views of the South Annex's mature tree canopy and historic mansions. The two-storey layout offers excellent separation between living and sleeping spaces, while the terrace provides a wonderful extension of the living area. Includes 1 underground parking space and 1 storage locker. Europa is a welcoming, well-established building cherished by its long-term residents, with proactive management and a healthy reserve fund. Penthouse opportunities here are exceptionally rare. While the suite offers an exciting opportunity to update and personalize the space, its outstanding layout, views, and location provide an exceptional foundation for creating a truly special home. Steps to parks, transit, cafés, restaurants, shopping, the University of Toronto, hospitals, and everything this vibrant neighbourhood has to offer. A rare opportunity to make a distinctive two-storey penthouse your own in one of Toronto's most desirable locations.
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Property Summary
This condo apartment located at 308 Palmerston Avenue, Toronto is currently for sale and has been available for 47 days. This property is listed at $899,999 with an estimated mortgage of $2,996* 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.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Palmerston-Little Italy, Toronto.
- •3 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1000-1199 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
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.
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.
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Toronto Buyer Budget & Costs
Estimated mortgage: $2,996*/month*. Estimated Ontario Land Transfer Tax: $28,950. 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 $899,999.
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.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Palmerston-Little Italy, Toronto
69 assaults (483.0/100k)
44 B&E (308.0/100k)
15 thefts (105.0/100k)
Improving vs previous year
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.
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.
Pricing & Value Insights
Data-driven valuation for 308 Palmerston Avenue PH07, Toronto, ON M6J 3X9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $899,999 in Toronto, the legal minimum down payment is $65,000 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 $14,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,475 also applies, bringing the total estimated land transfer taxes to $28,950.
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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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