$924,999
↓ $24,001 from $949,000
Est. payment $4,096/moCalculate yours
308 Palmerston Avenue PH07, Toronto, ON M6J 3X9
Palmerston-Little Italy, Toronto, ON M6J 3X9
- 2 + 1 Beds
- 2 Baths
- 1 Garage
- 1,000 Sq Ft
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY MLS® C13803024
About this home
Rare Two-Storey Penthouse at 308 Palmerston Ave! Fantastic location in the heart of Little Italy, just North of Trinity Bellwoods and Queen West. This bright and spacious 2-bedroom + Den, 2-bathroom penthouse features an inviting open layout, floor to ceiling windows, and an impressive 150 sq.ft. private terrace with beautiful views. The main level offers an expansive living and dining area with plenty of natural light, creating an inviting space for both everyday living and entertaining. Upstairs, you’ll find two bedrooms, a versatile den, and two full bathrooms, offering excellent separation and privacy. Step outside to your private terrace and enjoy the views and outdoor living space that make this penthouse truly special. Includes 1 underground parking space and 1 storage locker. Ideally located in the heart of Toronto, close to several Parks, University of Toronto, hospitals, transit, restaurants, cafés, shopping, and everything this amazing neighbourhood has to offer. A rare opportunity to own a distinctive two-storey penthouse with exceptional indoor and outdoor space in one of downtown Toronto’s most convenient locations.
Property details
Overview
- Property Type
- Common Element Condo
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 16-30
- Size
- 1,000 sqft
Interior
- Bedrooms
- 2 + 1
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Concrete
Lot & Parking
- Parking
- Underground garage · 1 total
Financial
- Property Taxes
- $4,972 (2026)
- Condo Fee
- $1,364/mo
- Fee Includes
- Water Included, Common Elements Included, Building Insurance Included, Parking Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- Palmerston-Little Italy
- Cross Street
- Palmerston Ave & College St
Listing
- MLS® Number
- C13803024
- Days on Market
- 31
- Listed On
- 2026-09-17
- Listed By
- ROYAL LEPAGE SIGNATURE REALTY
Features
Interior
- None
Property
- Hospital
- Library
- Park
- Public Transit
- Terraced
Amenities
- Bike Storage
- Concierge
- Exercise Room
- Party Room/Meeting Room
- Included
- S/S Appliances, Stacked Washer/Dryer.
- Rental items
- None
Mortgage calculator
Estimated mortgage payment
$4,096 per month
- Principal and interest
- $4,096
- Property tax
- $414
- Condo fees
- $1,364
- Estimated monthly cost
- $5,874
Your mortgage
- Mortgage amount
- $739,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $488,709
Cash to close
- Down payment
- $185,000
- Land transfer tax (Ontario + Toronto)
- $29,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $214,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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