276 Grace Street
Palmerston-Little Italy, Toronto, M6G 3A6
FOR SALE
$1,399,000

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Property Description
Rarely offered semi-detached home in the coveted heart of Little Italy, steps to College Street, Trinity Bellwoods Park, top restaurants, cafes, and transit. Sitting on a premium 20 x 120 ft lot with coveted laneway access and a solid double-car garage (laneway suite-ready foundation), this property is a true multi-generational and income-generating opportunity. Close to 3,000 sq ft of total living space thoughtfully configured with multiple self-contained living areas, ideal for owner-occupiers looking to offset carrying costs, or savvy investors seeking immediate cash flow. Features include a spacious eat-in kitchen, generous bedrooms, a private balcony, and a backyard that backs directly onto a park, a rare and highly desirable setting. Separate basement entrance adds flexibility and further income potential. Whether you live in the top unit and rent the rest, or maximize all units as a full investment property, the numbers work. Laneway suite potential adds significant future upside. Carpet free. 2 car parking. Opportunity like this in an AAA+ Little Italy location doesn't last.
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Nearby Intersections
Property Features
Public Transit, Park, School, Auto Garage Door Remote, Carpet Free, Lane
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Property Details
Address
276 Grace Street
Community
City
Postal Code
M6G 3A6
Property Type
Semi-Detached , Semi-Detached
Days On Market
21
Lot Size
20' x 120'
Taxes
$8,612 (2025
Basement
Finished, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
Detached
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Listing contracted with Re/Max Hallmark Realty Ltd.
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