Gurvinder Nokwal REALTOR®
For Sale Common Element Condo 31 days on market

$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
Map

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

Minimum for this price: $67,500 (7.3%)

Amortization, years

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
Total, before legal fees
$214,950
Talk to me about financing

Estimates 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

308 Palmerston Avenue PH07, Toronto, ON M6J 3X9 Palmerston-Little Italy, Toronto, ON M6J 3X9
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$924,999 308 Palmerston Avenue PH07, Toronto, ON M6J 3X9
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