221 Palmerston Avenue

FOR SALE
$1,400,000
221 Palmerston Avenue, Toronto
221 Palmerston Avenue
221 Palmerston Avenue
221 Palmerston Avenue
221 Palmerston Avenue
221 Palmerston Avenue
221 Palmerston Avenue
221 Palmerston Avenue
221 Palmerston Avenue
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4 + 1
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
7 + 3
ROOMS
C13722554
MLSID
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Property Description
Pretty, perfect, Palmerston! Buyers, 221 Palmerston is the rare blue beauty built to catapult you up the property ladder. Semi-detached and wholly affordable, it's uniquely divided into 3 separate units, each with its own entrance. Currently earning a healthy income from the top and lower floors (~$4100/month with great tenants) allowing you to live in the updated main floor owner's suite for less money than you'd think. ***** Included is its private backyard oasis shielded from the city with planters & grapevines, a balcony with CN tower views, and a full 2 car garage (!!) to store your cars, big toys, or for a wood workshop. ***** Placed in the covetable, tree-lined & quiet stretch of Palmerston, while also being extremely convenient: perfectly in the middle of Little Italy, Trinity-Bellwoods, Ossington and Kensington, and 1-2 blocks from streetcars and everything you need. ***** Keep the home as-is, or easily transform it back into a single family home for you & your boo. The choice is yours. Live in the neighbourhood you want, for the price you can't believe. Don't miss it!
Sold History
List Date Sold Date Days Listed List Price Sold Price
2018-03-02 2018-03-09 7 $1,199,000 $1,199,000
2014-08-16 2014-08-27 11 $849,900 $840,000
Nearby Intersections
Property Features
Public Transit, Carpet Free, In-Law Capability
Property Details
Address
221 Palmerston Avenue
Postal Code
M6J 2J3
Property Type
Semi-Detached , Semi-Detached
Lot Size
17' x 127'
Taxes
$7,827 (2026
Basement
Apartment, Finished, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
Detached
Listing contracted with Sage Real Estate Limited
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BEDS
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BATHS
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BATHS
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BEDS
2
BATHS
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Spacious 3 bedroom bungalow set on an oversized lot approximately 200 feet deep. Lot offers opportunities for home size expansion/addition, backyard pool or even a garden oasis. Meticulously maintained home with great bones and incredible potential. Features include hardwood flooring, a renovated eat-in kitchen and extra large windows that fill the home with natural light. Sizeable bedrooms and updated bathrooms provide comfort for the whole family. The basement apartment is perfect for rental income or a nanny/in-law suite, complete with its own private entrance, full eat-in kitchen, 2 large rooms, a renovated bathroom, laminate/ceramic flooring and high ceilings. Enjoy a long private driveway that comfortably fits 4-5 cars as well as a detached, single-car garage. The expansive backyard features a stone patio, plenty of green space, a very large vegetable garden and four fruit trees. It is complemented by a generous front yard. Great opportunity to own a home in a very desirable neighbourhood minutes away from TTC, highway 401, Yorkdale Mall and many, many other amenities.
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4
BEDS
3
BATHS
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FOR SALE
Rarely offered semi-detached in the highly desirable Brookhaven neighborhood, perfect for investors or homeowners looking to live in one unit while generating strong rental income from the other two units to help cover the mortgage. This well-maintained income-producing property features three self-contained units, with the second-floor unit generating approximately $2,150/month, the main-floor unit approximately $2,600/month, and the basement apartment approximately $1,800/month, offering excellent cash flow potential. Additional income can be earned through the coin-operated laundry facilities. The property also boasts a long private driveway with parking for up to four vehicles, along with a detached double-car garage at the rear, providing ample parking and storage space. Conveniently located near public transit, major highways, schools, parks, shopping, and everyday amenities, this is an exceptional opportunity to own a versatile multi-unit property in one of Toronto's high-demand rental neighborhoods.
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3+1
BEDS
3
BATHS
$1,199,000
FOR SALE
This property on a deep lot is in high demand area, surrounded by redevelopment sites. Zoned CR2, major transit station area, walking distance to Oakwood LRT Station. In addition to being excellent future mixed-use urban development that can combine residential, commercial, and recreational, the property is currently being used as triplex, with two units rented generating a total of $3,600/month ($1,600/month for the bsmt apt and $2,000 for the upper level). The third self contained unit has a potential income of $2,000/month. Five parking spaces in total (1 garage, 2 driveway, and 2 side driveway.
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