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For Sale
Just Listed

141 Palmerston Avenue

Palmerston-Little Italy, Toronto, ON
$1,459,000
4+1Bd
3Ba
1,750+sqft
2Parking
18.5 x 110 ftlot
$834/sqft
Semi-DetachedMLS# C13434248Listed 2026-06-110 DOM
Heating
Water Heater Owned
Cooling
Central Air

Just listed! New listings in Toronto often receive offers within the first week.

About this home

Rare Gem on One of Toronto's Most Coveted Streets! Welcome to 141 Palmerston Ave, a beautifully maintained 2-storey semi-detached home nestled on the legendary tree-lined Palmerston St, one of the most sought-after addresses in the city. This exceptional property offers three self-contained units, making it a dream for savvy investors or homeowners looking to offset their mortgage with rental income.The main floor and second floor each feature spacious 2-bedroom, 1-bath layouts, while the basement provides two separate walkout access points, a rare and highly desirable feature that adds incredible flexibility and privacy for tenants. Whether you're looking to live in one unit and rent the others, or maximize your investment portfolio, the possibilities here are truly endless. Step outside and you're immediately immersed in the best of Toronto living, just steps to the vibrant energy of Dundas St W, the charm of Little Italy, the iconic Trinity Bellwoods Park, and the trendy Ossington strip. World-class dining, boutique shopping, cafes, and culture are all right at your doorstep.And in a neighbourhood where parking is pure gold? This property delivers, a detached garage with private laneway access ensures you'll never have to compromise.Opportunities like this on Palmerston don't come around often. Don't miss your chance to own a piece of one of Toronto's most beloved streets.

GarageWalkout

Features

  • Auto Garage Door Remote
  • Carpet Free
  • Water Heater Owned
  • Apartment
  • Separate Entrance
  • Central Air
  • 2-Storey

Financials

Annual Taxes
$7,488.08

Estimated Rental Income

Entire property$4,000 – $6,500/mo
Rental yield3.3% – 5.3%

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

Market Data — Toronto

Days on market0 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 3.9% below estimate
Estimated range
$1.40M$1.63M
Mid-point $1.52M · ~$867/sqft
How this listing compares
$1.40MList · $1.46M$1.63M
Low confidence·Based on 9 palmerston-little italy 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.

$1,459,000
141 Palmerston Avenue, Toronto
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