261 PALMERSTON AVENUE Toronto

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:23309)

  • Listing ID: C12040439
  • Property Type: Multi-family

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Rooms

LevelTypeDimensions
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
MLS®

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 Tom Linkletter to schedule a viewing or to discover other Toronto real estate for sale.

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