308 Palmerston Ave PH09

FOR SALE
$1,099,900
308 Palmerston Ave PH09, Toronto
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
308 Palmerston Ave PH09
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
3
ROOMS
C11979579
MLSID
Contact Us
Property Description
Indulge in luxury with this rarely offered two-level penthouse in the heart of Little Italy/Trinity-Bellwoods. Boasting 2.5 bathrooms, wood floors, and an open-concept kitchen, this gem features two bedrooms plus a spacious den/home office. Enjoy floor-to-ceiling windows, high ceilings on the main floor, and a 165 sq. ft. terrace with stunning unobstructed views. Steps away from TTC, bars, restaurants, and shops. Includes parking space and locker. Frigidaire fridge, Bosch dishwasher, Total five appliances. Ample storage with walk-in closet off the master bedroom and laundry on the main floor. Live in style and convenience in this Little Italy penthouse. Unit is 1127 sq ft (floor plans), balcony is 165 sq ft (Floorplan) Tenanted month to month at $3200/month. Photos have been digitally staged.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-28 2024-11-21 24 $1,099,900 $975,000 Sold
2024-05-01 2024-09-30 152 $1,099,900 - Expired
Nearby Intersections
Property Features
Hospital, Library, Park, Public Transit, Rec Centre
Property Details
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$4,584 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (B-29)
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat19.16' x 24.54'Hardwood Floor, Combined W/Dining, W/O To Balcony
DiningFlat19.16' x 24.54'Hardwood Floor, Combined W/Living, Window
KitchenFlat19.16' x 24.54'Hardwood Floor, Open Concept, Stainless Steel Appl
BrFlat12.63' x 9.51'Hardwood Floor, W/I Closet, 4 Pc Ensuite
2nd BrFlat12.57' x 9.45'Hardwood Floor, Closet, Large Window
Toronto Market Statistics
Toronto Price Trend
308 Palmerston Ave PH09 is a 2-bedroom 3-bathroom condo listed for sale at $1,099,900, which is $343,299 (45.4%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.
Inventory Change
There were 1,180 2-bedroom condos listed in Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd.
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