261 Palmerston Avenue

261 Palmerston Avenue
261 Palmerston Avenue
261 Palmerston Avenue
+40
4+1
 bed
3
 bath
2
 parking
-
 sqft
Duplex
$1,549,000
For Sale
6 days
 on site
$1,549,000
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Size
-
Lot size
2322 sqft
Street frontage
-
Possession
-
Price per sqft
-
Taxes
$8,609 (2024)
Parking Type
-
Style
3-Storey
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Description
A rare and versatile opportunity in the heart of Trinity Bellwoods/Little Italy! This lovely red brick Victorian at 261 Palmerston Ave offers endless possibilities - live and lease, rent entirely, or convert back to a single-family home. VACANT POSSESSION means you can move right in or set your own rents. Featuring three self-contained units, this home is perfect for investors or end-users looking to maximize space and income potential. The upper unit boasts 2 beds, 1 bath, a spacious living area, and a large kitchen with a walkout to a private deck. The main floor unit offers another 2 beds, 1 bath, an inviting living space, and direct access to the backyard. The lower level features great ceiling height, 1 bed, 1 bath, ample storage, and a roughed-in kitchen, ready to be completed. 2-car garage with laneway access a huge bonus in this prime location! Steps to Toronto's best restaurants, shops, cafes, parks, and transit. Don't miss this exceptional opportunity!
Broker: KELLER WILLIAMS CO-ELEVATION REALTY
MLS®#: C12040439
Property details
Parking:
2
Parking type:
-
Property type:
Duplex
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
-
Lot front:
18 Ft
Lot depth:
129 Ft
Listed on:
Mar 25, 2025
Show all details
Rooms
LevelNameSizeFeatures
Flat
Kitchen
3.51 x 3.05 ft
Flat
Laundry
3.28 x 2.74 ft
Flat
Bedroom
3.58 x 3.05 ft
Show all
Instant estimate:
orto view instant estimate
$124,960
higher than listed price
i
High
$1,733,658
Mid
$1,673,960
Low
$1,589,733

About 261 Palmerston Avenue

261 Palmerston Avenue is a Toronto duplex for sale. It was listed at $1549000 in March 2025 and has 4+1 beds and 3 bathrooms.

Some good places to grab a bite are Dailo, Bar Raval or Harrys Charbroiled. Venture a little further for a meal at one of Little Italy neighbourhood's restaurants. If you love coffee, you're not too far from Simon's Coffee located at 106-474 College St. For grabbing your groceries, FreshCo is a short distance away.

For those residents of 261 Palmerston Ave, Toronto without a car, you can get around rather easily. The closest transit stop is a Bus Stop (College St at Euclid Ave) and is a short distance away connecting you to Toronto's public transit service. It also has route Carlton, and route Carlton nearby. Residents of 261 Palmerston Ave also have decent access to Gardiner Expressway, which is within a few minutes drive using on and off ramps on Rees St.