
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.
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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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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Palmerston-Little Italy, Toronto.
First-time home buyers, professionals, or investors seeking value.
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No historical data available for this property.
This could be the first listing for this address.
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.
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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.
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.
The current listing price for 499 Palmerston Boulevard, Toronto, ON in Palmerston-Little Italy, Toronto is $2,289,000.
This property features null bedrooms and null bathrooms.
499 Palmerston Boulevard, Toronto, ON is a Investment () featuring a basement.
Heating is provided via standard central heat and cooling via Partial.
Request a live agent video tour or get 3D virtual walkthrough access for 499 Palmerston Boulevard, Toronto, ON .
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.
Data-driven valuation for 499 Palmerston Boulevard, Toronto C01, ON M6G 2P2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
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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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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