11 1/2 Palmerston Ave
Palmerston-Little Italy, Toronto, M6J 2H9
FOR SALE
$2,495,000
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3 + 1
BEDROOMS5
BATHROOMS1
KITCHENS9 + 3
ROOMSC10414312
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Property Description
This Is A Brand New 3,500SF 4-Level Dream House That Is Already Constructed And Not Only Waiting, But Worthy Of Your Finishing Touch! Super Chic Architecture & Double Height Ceilings Plus A Unheard Of 25ft W-I-D-E Floor Plan! Premium 25 by 129 Foot Lot (pool sized). House Has Been Framed (steel I-beam reinforced), Bricked (classic Toronto red brick) & Includes Ultra High-end Reynaers Windows And Doors From Belgium (look them up)! Bring Your Designer And Contractor. Save A Ton Of Time As Permits Are In Place And Permits Are Paid For, Up-To-Date And Green Light GO!! Seller Is Motivated. Also, One Of The Best Laneway Situations In The Entire City! 129' Long, 25' Wide Lot + Super Wide "Street-Style Laneway" = 1,400SF As-Of-Right or 2,400SF Second Dwelling After Committee Of Adjustments. Floor Plans Would Be Easy To Adjust However The Renderings Are 3D Accurate To Current Floor Plan. 3+1 Bed, 5 Bath, Stunning Double Height Family Room And Front Foyer, Rare Main Floor Office, Chef's Kitchen Complete w/ Formal Pantry, Mud Room Smartly At Backyard Entrance, Full Height Lower Level (1,000SF underpinned), Second Floor Laundry, Each Bed With It's Own Ensuite Bathroom And Stunning Third Floor Primary Bedroom Retreat With Spa-Like Bath And Fabulous Views Of Downtown's Sparkling City Lights! Make No Mistake, This Is A Unique Downtown Super House In The Making! Opportunity For The Savvy To Take Advantage! Must Be Seen In Person. Won't Last At This Reduced Price. Easy To Show!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-08-19 | 2024-11-08 | 81 | $2,695,000 | - | Terminated |
| 2024-03-15 | 2024-07-15 | 122 | $2,725,000 | - | Expired |
| 2023-12-19 | 2024-03-15 | 87 | $4,495,000 | - | Terminated |
| 2019-03-26 | 2019-03-27 | 1 | $1,088,000 | $1,307,000 | Sold |
Extras
Laneway Housing Report Attached
Nearby Intersections
King & Bathurst (393)
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
25' x 129'
Fronting
East
Taxes
$5,297 (2023)
Basement
Full, Unfinished
Exterior
Brick
Heat Type
Other
Heat Source
Other
Air Conditioning
Other
Water
Municipal
Parking Spaces
3
Driveway
Lane
Garage Type
None
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Toronto Market Statistics
Toronto Price Trend
11 1/2 Palmerston Ave is a 3-bedroom 5-bathroom townhome listed for sale at $2,495,000, which is $1,454,230 (139.7%) higher than the average sold price of $1,040,770 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom townhome in Toronto increased by $9,375 (0.9%) compared to the previous 30 day period (September 21 - October 20) and up $12,100 (1.2%) from the same time one year ago.Inventory Change
There were 262 3-bedroom townhomes listed in Toronto over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 9.6% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom townhomes in Toronto typically sold $12,851 (1.2%) above asking price over the last 30 days (October 21 - November 19), which represents a $19,030 decrease compared to the previous 30 day period (September 21 - October 20) and ($7,400) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom townhomes in Toronto over the last 30 days (October 21 - November 19) stood at 48.5%, up from 38.2% over the previous 30 days (September 21 - October 20) and up from 36.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 5-bathroom townhome in Toronto stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.Listing contracted with Harvey Kalles Real Estate Ltd.
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