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499 Palmerston Boulevard

499 Palmerston Boulevard

Toronto C01, ON

  • 3,600 sqft
  • Investment
  • 144 days on market
$2,289,000

Grand Edwardian on historic Palmerston Boulevard in the south Annex w/incredible lot & rare private drive! Presently 3 Large self contained suites, all separately metered for Hydro & Natural Gas. Seller occupies the largest suite on the 2nd & 3rd floor. Each unit controls its own heat w/individual gas furnace & ducting. Oversized 138 foot deep lot provides a lush private rear garden with mature silver maples. Approximately 3700 sq. ft over 4 levels, including a professionally underpinned basement with incredible 8 foot ceilings. Large light filled 2nd & 3rd floor upper suite w/hardwood floors, working gas fireplace & splendid sun room overlooking a private back yard. Fantastic 3rd floor bedroom sanctuary with 9.5 ' ceilings, exposed brick, en-suite bath, steam sauna, en-suite laundry and walk-out to a roof top deck with incredible city views. Main floor 2 bedroom suite with large principal rooms, including separate dining room, gas fireplace, hardwood floors & spacious kitchen. Large 2-bedroom basement apt. with 8' ceilings (each bedroom has its own en-suite bath w/shower). Solid brick property with a 200 amp service, modern wiring & plumbing. Perfect opportunity for co-ownership or multigenerational living. If it's a renovation/restoration project you're looking for, this home can be transformed into a majestic single family residence with a huge private backyard perfect for gardening. Prime mid-block location south of Bloor in an absolutely gorgeous tree-lined setting on one of Toronto's most loved streets, famous for its stately homes & iconic turn of the century cast iron street lamps. Qualifies for a Garden Suite, report attached. Easy walk to Bloor St. where great local shops, the hot docs cinema, University of Toronto & Subway are all a few minutes away.

Listing Details

Taxes (2025)
$12,194
Listed
April 22, 2026

Price History

Listing history

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Property

Lot Size
29 x 138.83 Feet

Parking

Garage
None

Location & Legal

Cross Street
Bloor & Palmerston
Zoning
Residential
Parcel Number
212540159
Possession
60-89 days
Occupancy
Owner+Tenant

Commercial

Business Type
Apts - 2 To 5 Units

Included

Inclusions
3 fridges, 3 stoves, 3 dishwashers, Bsmt washer & Dryer, 3rd floor Washer/Dryer combo, 3 gas furnaces, Elf's (except noted exclusions), All existing Window Coverings belonging to Seller, 2 Central AC units, 2001 survey. Property qualifies for a Garden suite, report attached.
Exclusions
Cast iron surround (2nd floor fireplace), Brass light fixture in stair case 2nd floor, 2nd floor office ceiling light fixture, 2nd for Glass ceiling light fixture by exit door, some plants (to be discussed).
Rental Items
3 Hot Water Tanks - To be Assumed. Seller & Tenants each pay $28 per month.

Property Insights

hardwood floorsdeck patio

AI-generated from listing photos. Not professional advice.

Community

Postal area M6G

Population
30,600
Private dwellings
14,329
Median age
39.6
Average household size
2.3
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto C01 · last 12 months

Median sold price
$658,000
Homes sold
3,083
Median days on market
26
Sale-to-list price
97.6%

Based on 3,083 recorded sales of commercial properties in Toronto C01 over the last 12 months.

Listed by

LOUIS ADAMS REAL ESTATE LTD.

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
3,600 sq ft
Price per sq ft
$635.83
Annual property tax
$12,194
Tax per sq ft
$3.39

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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