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, cafés, 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.
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
2-Storey
Total Approx Floor Area:
1500-2000
Lot Depth:
110'33.5 m
Lot Frontage:
18'6"5.64 m
Direction Faces:
East
Bedrooms:
4+1
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Kitchens Above Grade:
2
Rooms Above Grade:
8
Zoning:
residential
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Flat
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Lane
Parking Spaces:
0
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
TBA
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$7,488.08 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
Palmerston-Little Italy
Arts Centre, Hospital, School, Public Transit, Place Of Worship
Auto Garage Door Remote, Carpet Free, Water Heater Owned
Water Heater
All existing appliances in as-is condition including 2 stoves, 2 fridges, washer/dryer. All electric light fixtures, window coverings and blinds.
Data was last updated May 7, 2026 at 06:15 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,399,000
Min list price:
$1,095,000
Max list price:
$2,799,000
Avg days on market:
36
Min days on market:
2
Max days on market:
283
These statistics are generated based on the current listing's property type
and located in
Palmerston-Little Italy. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.