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
2 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
$128,940
higher than listed price
i
High
$1,737,780
Mid
$1,677,940
Low
$1,593,512

About 261 Palmerston Avenue

261 Palmerston Avenue is a Toronto duplex for sale. It has been listed at $1549000 since March 2025. This duplex has 4+1 beds and 3 bathrooms. 261 Palmerston Avenue, Toronto is situated in Little Italy, with nearby neighbourhoods in Kensington Market, Trinity Bellwoods, Alexandra Park and Palmerston.

There are a lot of great restaurants around 261 Palmerston Ave, Toronto. If you can't start your day without caffeine fear not, your nearby choices include Simon's Coffee. For groceries there is FreshCo which is nearby.

If you are reliant on transit, don't fear, 261 Palmerston Ave, Toronto has a public transit Bus Stop (College St at Euclid Ave) a short walk. It also has route Carlton, and route Carlton close by. If you're driving from 261 Palmerston Ave, you'll have decent access to the rest of the city by way of Gardiner Expressway as well, which is within a few minutes drive getting on and off at Rees St.