261 PALMERSTON AVENUE, Toronto, Ontario

$1,549,000

5 Beds
3 Baths

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! (id:56241)

Listing ID: C12040439
Property Type: Multi-family

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Rooms

Level	Type	Dimensions
Living room	Second level	3.43 m x 3.05 m
Bedroom 3	Second level	3.4 m x 3.05 m
Bedroom 4	Second level	3.76 m x 2.44 m
Kitchen	Second level	3.51 m x 3.05 m
Bedroom 5	Lower level	3.61 m x 3.05 m
Kitchen	Lower level	3.43 m x 3.05 m
Laundry room	Lower level	3.28 m x 2.74 m
Living room	Lower level	4.65 m x 4.57 m
Office	Main level	3.94 m x 3.35 m
Kitchen	Main level	3.91 m x 3.35 m
Living room	Main level	3.43 m x 3.05 m
Bedroom	Main level	3.58 m x 3.05 m
Bedroom 2	Main level	3.43 m x 3.05 m

Details

Parking Spaces: 2
Transaction: For sale

Building

Appliances: Dishwasher, Dryer, Hood Fan, Stove, Washer, Window Coverings, Refrigerator
BasementType: N/A
Basement Features: Apartment in basement, Separate entrance
Bedrooms Main Level: 4
Bedrooms Lower Level: 1
Cooling: Wall unit
Exterior Finish: Brick
Fireplace Present: False
Flooring: Hardwood, Laminate, Concrete
Foundation: Block, Stone
Bathrooms (Total): 3
Heating: Forced air
Heating Fuel: Natural gas
Stories Total: 3
Type: Duplex
Utility Water: Municipal water

Land

Sewer: Sanitary sewer
Size Frontage: 18 ft
Size Irregular: 18 x 129 FT

Listing provided by KELLER WILLIAMS CO-ELEVATION REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 261 PALMERSTON AVENUE in Toronto Ontario. It was last modified on March 25th, 2025. Contact us to schedule a viewing or to discover other Toronto real estate for sale.

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