499 Palmerston Boulevard
Palmerston-Little Italy, Toronto, M6G 2P2
FOR SALE
$2,189,000
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5 + 1
BEDROOMS 5
BATHROOMS 3
KITCHENS 13 + 1
ROOMS C13697552
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Property Description
Grand 3-storey residence with a private drive on a superb 29' x 138' lot in a prime south Annex location! Presently 3 large self-contained suites, all separately metered for hydro & natural gas. Perfect for Buyer to occupy the largest suite on the upper two floors and receive solid rental income from two units, or create the ideal co-ownership or multigenerational living opportunity. This large, solid brick home is approximately 3700 sq. ft over 4 levels, including a professionally underpinned basement w/8-foot ceilings. The upper 2nd & 3rd floor suite provides a flexible floor plan that can convert to up to 3-bedrooms. Full of natural light w/hardwood floors, gas fireplace and a splendid sunroom overlooking a private back yard. The 3rd floor has been renovated into an expansive full-floor retreat featuring a large primary bedroom with 9.5 foot ceilings, exposed brick, walk-in closet, en-suite bathroom/laundry and a walk-out to a roof top deck. Charming main floor 2 bedroom unit with many period details intact including antique gas fireplace, hardwood floors, separate dining room & spacious kitchen. Large 2-bedroom basement Apt. with amazing 8 foot ceilings, each bedroom has its own en-suite bath w/shower. 200-amp service, modern wiring & plumbing. Parking via private drive. The lot extends an impressive 138 feet from the private drive to an incredible back yard with mature trees that provide a serene natural setting with endless possibilities for gardening enthusiasts. Originally built as a single family residence, this home can be re-imagined back into a majestic single family home, now or down the road. Located in a prime mid-block location south of Bloor on a street famous for its iconic cast iron street lamps. Property qualifies for a Garden Suite, report attached. Within easy walking distance to fabulous local shops, cafes & restaurants, Hot Docs Cinema, BMV Books, Metro, University of Toronto & Bloor Subway.
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Nearby Intersections
Property Features
Water Meter, Private
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Property Details
Address
499 Palmerston Boulevard
Community
City
Postal Code
M6G 2P2
Property Type
Semi-Detached , Semi-Detached
Lot Size
29' x 139'
Taxes
$12,407 (2026
Basement
Apartment, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
None
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Listing contracted with Louis Adams Real Estate Ltd.
Prime Palmerston - Little Italy opportunity! Situated on a coveted tree-lined street in one of Toronto's most desirable central neighborhoods, this property offers flexibility and future potential. Currently used as a multi-unit residence, the large building envelope presents an outstanding opportunity for investors seeking income potential or discerning buyers looking to transform the existing structure into a sophisticated designer executive family home. Surrounded by beautiful renovated properties and just steps to the vibrant energy of College Street's renowned restaurants, cafes, boutiques, parks and transit, the location is second to none. A rare chance to secure a property in a neighbourhood where lifestyle, character and long-term value converge. Tenants are month-to-month. Make income while you design or request vacant possession.
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Welcome to 5 Marina Ave! This premium, quality-built 2-story semi-detached home (built 2025) perfectly combines modern luxury with an unbeatable coastal-urban lifestyle. Steps from the water in vibrant Etobicoke (Long Branch), the main residence features 1,857 sq ft of sun-drenched space, including 4 bedrooms and 3 total bathrooms. The stunning primary suite boasts a private balcony and a spa-like ensuite with a soaker tub. Enjoy high-end finishes, an attached garage, a double driveway, a fenced yard, and a covered back deck perfect for entertaining. Eco-friendly electric heat pumps provide efficient heating and cooling.THE ULTIMATE MORTGAGE HELPER: A major standout feature is the completely self-contained lower-level apartment. Featuring 2 bedrooms, a full bathroom, separate laundry, and its own independent heating/cooling/hot water systems, potential income generator netting $2,300/month!Location Perks: 3 blocks to Lake Ontario, 1 block to the streetcar, 5 mins to the GO Train, and just 15 mins to Downtown Toronto or Pearson Airport. Turn-key luxury with cash flow!
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Client RemarksWelcome to an exceptional opportunity in the heart of Toronto, 89 Beatrice St is a fully self contained four unit property offering the perfect blend of lifestyle and investment. Whether you are an end user looking to live comfortably while generating income, or a savvy investor seeking strong rental potential, this property delivers. Each of the four separate units is thoughtfully laid out, providing privacy and functionality for tenants while maximizing cash flow. Live in one unit and have the others help cover your mortgage, a rare chance to build equity while offsetting your monthly costs. Ideally located just steps to the vibrant energy of College Street, you are surrounded by top rated restaurants, cafes, boutiques, and everyday conveniences. Enjoy easy access to transit, parks, and some of Toronto's most sought after neighbourhoods, making this a highly desirable location for tenants and owners alike. A turnkey, income generating property in one of the city's most dynamic communities, opportunities like this do not come often.
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Welcome To 332 Delaware Avenue - A Renovated, Turn-Key Semi-Detached House In The Heart Of Toronto's Vibrant Dovercourt Village, featuring 2 legal secondary suites. This versatile 3-storey property offers three self-contained units, each with its own kitchen and living space, making it ideal for owner-occupants seeking rental income, multi-generational families, or investors. Offering a total of 6 bedrooms and 4 bathrooms, the home features functional layouts, engineered hardwood flooring, modern kitchens with quartz countertops and a legal basement apartment with a separate entrance, providing excellent income potential. Extensively updated throughout, including electrical, plumbing, ductwork, furnace, roof, and tankless hot water system. Soundproofing and fire-rated separations enhance comfort and peace of mind. The private backyard offers a rare urban retreat with optional sauna and hot tub, while the detached garage, laneway access, and parking for 2 vehicles add everyday convenience. Situated on a deep lot with potential for a future laneway suite ( buyer to verify). Located steps to Bloor street, Ossington, Parks, Cafes, Restaurants, and TTC Subway access. Walk Score 94 and Transit Score 95. A rate opportunity to own a fully upgraded, income generating property in one of Toronto's most sought-after neighbourhoods.
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An exceptional opportunity for both homeowners and investors in one of Toronto's most vibrant and high-demand neighbourhoods. This charming 2(1/2)-storey semi-detached home offers a unique blend of character, space, and income potential. Featuring a welcoming front porch, high ceilings, and abundant natural light the home provides comfortable living with added flexibility. Separate front and rear entrances, a partially finished basement, and a walkout to a second-floor balcony offer excellent potential for multi-generational living or rental income. The large backyard and rear parking add further convenience and future possibilities. Ideally located just steps from Kensington Market, Chinatown, and the University of Toronto, the property benefits from strong and consistent rental demand while offering an unbeatable lifestyle for end-users. Enjoy easy access to TTC transit, shopping, dining, schools, and key amenities including Toronto Western Hospital. Whether you're looking for a place to call home or a smart investment with long-term upside, this property delivers on both fronts. A fantastic opportunity to live in a vibrant, walkable community with everything at your doorstep.
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Attention Developers, Investors & Entrepreneurs! Welcome To The Prestigious Republic Of Rathnelly Neighbourhood, One Of Toronto's Most Sought-After Locations. A Rare Opportunity To Own A Prime Mixed-Used Property Offering Endless Possibilities For A Customized Live/Work Space, Professional Office, Income-Generating Rental Units, Or Future Redevelopment. Zoning Along This Stretch Of Avenue Road Permits A Mix Of Residential And Commercial Uses, Making This An Exceptional Investment In A Highly Desirable Area. This Full Three-Storey Brick Semi-Detached Building Is Ready For Your Vision. Whether You're Looking To Create A Unique Residence Offering A Business Below, Design Modern Office Space, Or Renovate Into Rental Units, The Potential Is Outstanding. The Property Also Features A Newer Detached Four-Car Garage Accessed Via The Rear Laneway, Which Provides Valuable Private Parking Or Additional Flexibility. A Short Walk To Summerhill, Yorkville, And Yonge & Bloor, With Convenient TTC Access And Only A 10-Mintue Walk To Summerhill Or Dupont Subway Stations. Minutes To Toronto's Downtown Core. Sold As Is, Where Is, This Property Presents An Incredible Opportunity To Renovate, Reimagine, And Make It Your Own.
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