$398,000

For saleJust listed

#619 308 Palmerston Avenue, Toronto (Trinity-Bellwoods) - Single Family for Sale

#619 308 Palmerston Avenue, Toronto (Trinity-Bellwoods), Ontario, M6J3X9

0 beds1 bath0 parking250 ft²$540/mo condo feeListed 2 days ago

Overview

This 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. It has been on the market 2 days, fresher than the Toronto average of 49 days.

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Description

Discover this charming little gem in Toronto's vibrant Little Italy neighbourhood! This cozy studio blends traditional character with modern touches, offering a smart and stylish approach to city living. The functional kitchen features full-sized appliances, granite countertops, a breakfast bar and a dedicated dining nook. A queen-sized Murphy bed and custom built-in wardrobe maximize every inch of space, making this an ideal home for those looking to enjoy the city with a smaller, more affordable footprint. BONUS - new fan coil unit installed in 2026, approx. $5,000 upgrade. Perched on the lower penthouse level, enjoy a sunny south-facing view overlooking a quieter stretch of the neighbourhood. Step outside and you're moments from some of Toronto's best restaurants, cafés and shops. Hop on the streetcar to Bloor Street, explore Kensington Market or head west into Little Portugal. With dedicated bike lanes along College Street, getting to U of T or downtown is easier and safer than ever. **Big city lifestyle. Smart little space. Fantastic location.** (id:66096)

Property Details

MLS®: C14140586
Property Type: Single Family
Bedrooms: 0
Beds (above / below): 0 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $540/mo
Fee Includes: Common Area Maintenance, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,025.7/yr
Listed: 2 days ago

Rooms

Flat

Living room: 3.89 x 4.87 meters
Dining room: 2.65 x 3.63 meters
Kitchen: 2.65 x 3.63 meters
Foyer: 3.65 x 1.19 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Window Coverings
Flooring: Hardwood
Exterior: Brick
Lot Features: Balcony, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Trinity-Bellwoods) listings, avg age

49d

Price / ft²

$1,595

List price

$398K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This single family in Toronto (Trinity-Bellwoods) has been listed for 2 days, which is 47 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD. · MATT EMERSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6J)

This home lists at $398,000, about 4.4× the local median household income of $90,000.

Carrying it typically needs a household income of about $77,743 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $90,000
Population: 32,111
Median age: 36.8
Owner / renter: 49% / 51%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M6J)

$398,000· $1,595/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,900

Min 5%50%

Mortgage payment$2,096/mo

↳ CMHC premium ($15,124 capitalized)

Property tax (est.)$169/mo

Condo fee$540/mo

Total monthly$2,805

Cash Needed to Close

Down payment (5%)$19,900

Land transfer tax$8,890

Est. closing costs$3,694

Total cash needed$32,484

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