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For Sale

276 Grace Street

Palmerston-Little Italy, Toronto, ON
$1,799,000
5+2Bd
3Ba
1,750+sqft
2Parking
20 x 120 ftlot
$1028/sqft
Semi-DetachedMLS# C12961602Listed 2026-04-0622 DOM
Cooling
Central Air
Basement
Finished

About this home

Rarely offered semi-detached home in the coveted heart of Little Italy, steps to College Street, Trinity Bellwoods Park, top restaurants, cafés, and transit. Sitting on a premium 20 x 120 ft lot with coveted laneway access and a solid double-car garage (laneway suite-ready foundation), this property is a true multi-generational and income-generating opportunity. Close to 3,000 sq ft of total living space thoughtfully configured with multiple self-contained living areas, ideal for owner-occupiers looking to offset carrying costs, or savvy investors seeking immediate cash flow. Features include a spacious eat-in kitchen, generous bedrooms, a private balcony, and a backyard that backs directly onto a park, a rare and highly desirable setting. Separate basement entrance adds flexibility and further income potential. Whether you live in the top unit and rent the rest, or maximize all units as a full investment property, the numbers work. Laneway suite potential adds significant future upside. Carpet free. 2 car parking. Opportunity like this in an AAA+ Little Italy location doesn't last.

Garage

Features

  • Auto Garage Door Remote
  • Carpet Free
  • Finished
  • Separate Entrance
  • Central Air
  • 2 1/2 Storey

Financials

Annual Taxes
$8,611.68

Estimated Rental Income

Entire property$4,500 – $7,000/mo
Rental yield3.0% – 4.7%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Toronto

Days on market22 days
Buyer's MarketSeller's Market

Based on active listings in Toronto. Data updates daily.

Demographics — Toronto

Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership
53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil

Our estimate for this home

Priced 32.5% above estimate
Estimated range
$1.26M$1.46M
Mid-point $1.36M · ~$776/sqft
How this listing compares
$1.26MList · $1.80M$1.46M
High confidence·Based on 358 toronto comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,799,000
276 Grace Street, Toronto
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