308 Palmerston Ave 506
Trinity-Bellwoods, Toronto, M6J 3X9
FOR SALE
$749,000

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Property Description
Elegant Urban Living in Little Italy - Europa Condominium. Welcome to the prestigious Europa Condominium, perfectly situated at the corner of College and Palmerston in the heart of vibrant Little Italy. This spacious one-bedroom, one-bathroom suite offers a thoughtfully designed layout, featuring an oversized dining area that can serve as a dedicated work-from-home space or accommodate a large dining table for entertaining. The stylish open-concept kitchen boasts stainless steel appliances, granite countertops, and a breakfast bar, seamlessly overlooking the bright living room. A wall of glass floods the space with natural light, leading to a Juliette balcony with picturesque views of the lively neighborhood. The serene bedroom offers a second Juliette balcony and a generous closet for ample storage. The Europa is a boutique low-rise building that is exceptionally quiet. Even though located in the heart of the city, the unit is tranquil with high-quality doors and windows that virtually eliminate noise from the street. Enjoy the convenience of included parking and a locker, as well as easy access to the TTC right outside your door. Steps away, you'll find trendy cafes, top-rated restaurants, and boutique shopping, making this an unbeatable location for those who love city living. Don't miss this incredible opportunity to own a stunning condo in one of Toronto's most sought-after neighborhoods!
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Nearby Intersections
Property Features
Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,240 (2024)
Basement
None
Exterior
Brick Front
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (C)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Foyer | Main | 11.98' x 5.84' | Hardwood Floor, Closet |
Dining | Main | 8.01' x 13.85' | Hardwood Floor |
Kitchen | Main | 9.25' x 11.68' | Granite Counter, Stainless Steel Appl, Ceramic Floor |
Living | Main | 10.33' x 16.99' | Hardwood Floor, Juliette Balcony, California Shutters |
Prim Bdrm | Main | 9.15' x 11.58' | 4 Pc Ensuite, Juliette Balcony, California Shutters |
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Toronto Market Statistics
Toronto Price Trend
308 Palmerston Ave 506 is a 1-bedroom 1-bathroom condo listed for sale at $749,000, which is $191,890 (34.4%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less 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 1-bedroom condos in Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage/J & D Division
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