499 Palmerston Boulevard, Toronto, ON

$2,289,000
MLS#:C13033060
0 beds
0 baths
Commercial
Commercial for sale - 0 Bed, 0 Bath Home at 499 Palmerston Boulevard Toronto ON listed at $2,289,000 (MLS# C13033060) - Main View
For Sale
Added:Apr 22, 2026(188 days ago)
Updated:Jun 3, 2026(146 days ago)
Last Checked:19 minutes ago

Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of Palmerston-Little Italy. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,289,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 29 x 138.83 ft lot size
  • equipped with partial central cooling and highly efficient gas forced air closed heating

Description

Grand Edwardian on historic Palmerston Boulevard in the south Annex w/incredible lot & rare private drive! Presently 3 Large self contained suites, all separately metered for Hydro & Natural Gas. Seller occupies the largest suite on the 2nd & 3rd floor. Each unit controls its own heat w/individual gas furnace & ducting. Oversized 138 foot deep lot provides a lush private rear garden with mature silver maples. Approximately 3700 sq. ft over 4 levels, including a professionally underpinned basement with incredible 8 foot ceilings. Large light filled 2nd & 3rd floor upper suite w/hardwood floors, working gas fireplace & splendid sun room overlooking a private back yard. Fantastic 3rd floor bedroom sanctuary with 9.5 ' ceilings, exposed brick, en-suite bath, steam sauna, en-suite laundry and walk-out to a roof top deck with incredible city views. Main floor 2 bedroom suite with large principal rooms, including separate dining room, gas fireplace, hardwood floors & spacious kitchen. Large 2-bedroom basement apt. with 8' ceilings (each bedroom has its own en-suite bath w/shower). Solid brick property with a 200 amp service, modern wiring & plumbing. Perfect opportunity for co-ownership or multigenerational living. If it's a renovation/restoration project you're looking for, this home can be transformed into a majestic single family residence with a huge private backyard perfect for gardening. Prime mid-block location south of Bloor in an absolutely gorgeous tree-lined setting on one of Toronto's most loved streets, famous for its stately homes & iconic turn of the century cast iron street lamps. Qualifies for a Garden Suite, report attached. Easy walk to Bloor St. where great local shops, the hot docs cinema, University of Toronto & Subway are all a few minutes away.

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Property Summary

This investment located at 499 Palmerston Boulevard, Toronto is currently for sale and has been available for 188 days. This property is listed at $2,289,000 with an estimated mortgage of $7,619* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 499 Palmerston Boulevard, 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?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Palmerston-Little Italy, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Investment architecture in Palmerston-Little Italy, Toronto
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
Price$2,289,000
AddedApr 22, 2026 (188 days ago)
UpdatedJun 3, 2026 (146 days ago)
Last Checked19 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size29 Ă— 138.83 Feet
CountyToronto
Annual Tax$12,194
Rental Items3 Hot Water Tanks - To be Assumed. Seller & Tenants each pay $28 per month.

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingPartial

Features

Property Features

None listed

Interior Features

None listed

Security Features

None listed

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 investment at 499 Palmerston Boulevard, 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

Browse all verified Toronto real estate listings, compare active Toronto houses for sale, and view brand new MLS® inventory before it hits the open market.

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: $7,619*/month*. Estimated Ontario Land Transfer Tax: $87,400. 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 499 Palmerston Boulevard, Toronto, ON

Q.What is the asking price for 499 Palmerston Boulevard, Toronto, ON ?

The current listing price for 499 Palmerston Boulevard, Toronto, ON in Palmerston-Little Italy, Toronto is $2,289,000.

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

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 499 Palmerston Boulevard, Toronto, ON ?

499 Palmerston Boulevard, Toronto, ON is a Investment () featuring a basement.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Partial.

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Location

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499 Palmerston Boulevard, 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 499 Palmerston Boulevard, Toronto C01, ON M6G 2P2

Estimated Sales Range
$2,175,000 - $2,243,000

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$686,700 (30.0%)
* Minimum Canadian down payment required for this price is $457,800.
Amortization Period30 Years
Estimated Monthly Payment$7,619Based on a loan of $1,602,300 over 30 years.
Purchase Price$2,289,000
Loan Amount$1,602,300
Provincial Land Transfer Tax:$43,700
Toronto Municipal Land Transfer Tax:$43,700
Total Estimated Closing Taxes:$87,400

About Purchasing a Home in Toronto, ON

For a property listed at $2,289,000 in Toronto, the legal minimum down payment is $457,800 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 $43,700 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,700 also applies, bringing the total estimated land transfer taxes to $87,400.

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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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