$1,450,000
For sale: Multiplex

If you value large scale and versatility, this grand three-storey Edwardian on a 25' x 137' lot will offer you choices. Be charmed by the original stained glass, hardwood floors, soaring ceilings, oversized windows & an optimized east-facing front porch. With over 3000 SqFt of usable space in the entire home, reimagine a single-family home, multigenerational living or continue generating rental income by maintaining separation. 2 entrances are located at the front & 1 on the side. The currently tenanted main level of approximately 850 SqFt features generous storage and walk-in closets. The staircase to the second and third floors are exceptionally wide. The upper levels have been recently vacated by the owner and form one spacious unit of approx 1,500 SqFt ideal for an owner's residence or rental suite. The generous layout features separate living and dining rooms, a den, three generously sized bedrooms and two full 4-piece bathrooms. The basement, accessible via the side entrance, provides additional square footage. It was previously used as a separate living space with a kitchen, washroom and 3 additional rooms with windows. The deep west-facing backyard unfolds into distinct zones for gardening, play & entertaining, creating a private urban retreat with afternoon and evening sun. A legal front-yard parking pad adds valuable urban convenience. Ideally situated just north of College Street, walk to the highly rated Dewson St School & north to the subway, Dufferin Mall, CTA High School and neighbourhood parks. The Ossington Strip, Little Italy, Trinity Bellwoods, independent shops and cafés are all nearby, with the University of Toronto just a quick commute away. A distinguished Toronto grand dame held by the same family for more than 55 years with remarkable proportions, enduring character and incredible possibilities - ready for your design, update or renovate and become part of its story.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.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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