For Sale
195 Grace Street
Palmerston-Little Italy, Toronto, ON
$1,099,000
3+2Bd
2Ba
2,250+sqft
1.5Parking
20.11 x 131 ftlot
$488/sqft
Semi-DetachedMLS# C13792312Listed 2026-09-1612 DOM
About this home
Rare opportunity in prime Palmerston-Little Italy! This spacious 2.5-storey semi offers 2,106 sq. ft. above grade plus a 916 sq. ft. finished basement, currently configured as two self-contained units: a two-bedroom, one-bathroom main-floor and basement unit, and a three-bedroom, one-bathroom second- and third-floor unit. Situated on a generous 20.11 131 ft lot with a detached laneway garage. Renovate, invest or reimagine this character-filled home in an unbeatable location steps to College Street, parks, schools, shops, restaurants and transit.
Garage
Rooms
Main Floor
| Living Room | 4.57 × 3.35 m | Hardwood Floor Window |
| Dining Room | 4.27 × 2.97 m | Hardwood Floor Window |
| Kitchen | 4.27 × 4.50 m | Laminate Window |
| Mud Room | 1.73 × 2.82 m | W/O To Yard Window |
Second Floor
| Kitchen | 3.15 × 3.68 m | Pantry Window |
| Bedroom 3 | 3.66 × 2.87 m | Closet Window |
Third Floor
| Bedroom | 3.53 × 4.67 m | Closet Window |
| Bedroom 2 | 3.66 × 3.07 m | Closet Window |
Basement
| Recreation | 7.65 × 2.54 m | Combined w/Laundry 4 Pc Bath |
| Bedroom | 5.08 × 4.27 m | Walk-Up |
| Bedroom 2 | 2.06 × 4.27 m | Window |
Features
- None
- Separate Entrance
- Walk-Up
- 2 1/2 Storey
Financials
Annual Taxes
$7,957.02
Estimated Rental Income
Entire property$3,200 – $4,800/mo
Basement apartment$1,800 – $2,500/mo
Rental yield3.5% – 5.2%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market12 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%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
78
/ 100
Walk Score
Very Walkable
64
/ 100
Transit Score
Good Transit
64
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
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.
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