PH07 - 308 Palmerston Avenue
Toronto C01, ON
- 3 bed
- 2 bath
- approx. 1000-1199 sqft
- Common Element Condo
- 2 days on market
Rare Two-Storey Penthouse at 308 Palmerston Ave! Fantastic location in the heart of Little Italy, just North of Trinity Bellwoods and Queen West. This bright and spacious 2-bedroom + Den, 2-bathroom penthouse features an inviting open layout, floor to ceiling windows, and an impressive 150 sq.ft. private terrace with beautiful views. The main level offers an expansive living and dining area with plenty of natural light, creating an inviting space for both everyday living and entertaining. Upstairs, you'll find two bedrooms, a versatile den, and two full bathrooms, offering excellent separation and privacy. Step outside to your private terrace and enjoy the views and outdoor living space that make this penthouse truly special. Includes 1 underground parking space and 1 storage locker. Ideally located in the heart of Toronto, close to several Parks, University of Toronto, hospitals, transit, restaurants, cafés, shopping, and everything this amazing neighbourhood has to offer. A rare opportunity to own a distinctive two-storey penthouse with exceptional indoor and outdoor space in one of downtown Toronto's most convenient locations.
Listing Details
- Taxes (2026)
- $4,972
- Listed
- September 17, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 16-30
- Construction
- Brick, Concrete
- Interior
- None
Parking
- Garage
- Underground
- Covered Spaces
- 1
- Total Parking
- 1
Utilities
- Heat Source
- Gas
Location & Legal
- Cross Street
- Palmerston Ave & College St
- Parcel Number
- 0
- Possession
- Flexible
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $1,364/month
- Fee Includes
- Water Included, Common Elements Included, Building Insurance Included, Parking Included
- Pets
- Yes-with Restrictions
- Locker
- Owned
- Balcony
- Terrace
- Amenities
- Bike Storage, Concierge, Exercise Room, Party Room/Meeting Room
Included
- Inclusions
- S/S Appliances, Stacked Washer/Dryer.
- Rental Items
- None
Schools
Elementary
- St Francis of Assisi Catholic School0.4 km
Catholic · Toronto CDSB · 80 students
Grade 6 math: 60% met the provincial standard
- Kensington Community School School Junior0.4 km
Public · Toronto DSB · 130 students
Grade 3 reading: 100% met the provincial standard
- Clinton Street Junior Public School0.4 km
Public · Toronto DSB · 315 students
Grade 3 reading: 97% met the provincial standard · Grade 6 math: 84% met the provincial standard
Secondary
- Harbord Collegiate Institute0.7 km
Public · Toronto DSB · 980 students
Grade 10 literacy: 93% met the provincial standard
- Central Technical School0.8 km
Public · Toronto DSB · 985 students
Grade 10 literacy: 74% met the provincial standard
- Central Toronto Academy1 km
Public · Toronto DSB · 975 students
Grade 10 literacy: 91% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M6J
- Population
- 32,111
- Private dwellings
- 17,027
- Median age
- 36.8
- Average household size
- 2
- Median household income
- $90,000
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
Residential Condo & Other in Toronto C01 · last 12 months
- Median sold price
- $660,000
- Homes sold
- 3,084
- Median days on market
- 26
- Sale-to-list price
- 97.6%
Based on 3,084 recorded sales of residential condo & other properties in Toronto C01 over the last 12 months.
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$189,800
Estimated Monthly Payment
$4,662
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,662/mo (20% down, 5.5%)
Taxes: $414/mo · Insurance: $237/mo
Maint: $1,364/mo
Estimates only. Consult a financial advisor.
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