$2,250/mo
For rent: Semi-Detached/Link

Welcome to 263 Grace Street, a beautifully renovated 1+1 bedroom lower apartment situated in the heart of Toronto's highly sought-after Little Italy neighbourhood, just steps from trendy College Street. Offering over 700 square feet of stylish and functional living space, this residence serves as the ideal condo alternative, seamlessly combining modern interior design with the rare luxury of a private outdoor retreat. Inside, a bright and spacious open-concept layout unfolds, highlighted by crisp pot lighting, durable luxury vinyl plank flooring, sleek ceramic tile, and custom built-ins that maximize space and style. The chef-inspired kitchen is designed for both everyday cooking and casual hosting, featuring a large eat-in island, extensive cabinetry, and full-sized stainless steel appliances, including a gas stove, dishwasher, slim microwave range hood, and fridge. Year-round comfort is maintained effortlessly with central air conditioning. The well-proportioned primary bedroom provides a quiet, comfortable sanctuary, while the separate den offers essential flexibility for a dedicated home office, guest room, or creative studio. A fully updated four-piece bathroom completes the interior with contemporary fixtures and clean, modern finishes. Extending the living space outdoors, the property features an exceptional shared backyard oasis-a rare find for rentals in the area-complete with distinct dining and lounge areas alongside a propane barbecue, perfect for outdoor dining and entertaining. Additional features include convenient on-site shared laundry. This unbeatable urban location is situated just steps from College Street. You are surrounded by Toronto's finest dining, cafes, boutiques, and transitoptions, offering an effortless commute to the downtown core. Available Nov 1 for $2,250/month plus hydro. Garage parking available for an extra fee.
Sold data
Homes in Palmerston Little Italy took a median of 15 days to sell over the last 365 days, with the quickest quarter selling within 8 days and the slowest quarter taking more than 45, across 98 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.
The median sale price was $1,384,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 32% of sales closed above the list price.
Around 12% of sellers reduced their price before finding a buyer.
Based on 98 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Palmerston-Little Italy) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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