Historic Palmerston Boulevard: A Rare Investment or Restoration Opportunity! Set on Toronto's iconic Palmerston Boulevard, complete with stately gates and classic lamp posts, this spacious property offers endless potential. This almost 35-ft wide lot features a deep backyard (138 ft) , detached garage, and space for five additional cars all with an open, tree-free layout. Currently configured as a three-unit income property, it boasts generously sized apartments on each floor, with the main level offering a 3-bedroom layout, the second floor providing a spacious 2/3-bedroom unit, and the third floor featuring an updated 1-bedroom apartment. Additional highlights include high ceilings, original stained/leaded glass details, bay windows, wood paneling, and fire safety measures. The unfinished basement, with its high ceilings and exposed brick/stone, awaits your vision. Current tenants enjoy shared laundry facilities and a rear staircase servicing all units for secondary access. Positioned on a charming, historic street with schools, parks, shops, and public transportation just steps away, this 4, 100 square-foot property offers both a rare investment, excellent passive income for a buyer who wants to move into one of the units, and the potential to restore it to its grand single-family heritage. A feasibility report suggests the possibility of adding a garden suite at the rear an excellent enhancement for long-term value. Possibility for a 7% cap rate for an entrepreneurial investor with a vision. Dont miss the chance to own a piece of Torontos architectural legacy! EXTRAS Walk to nearly completed/redeveloped Mirvish Village, U of T, Quaint Harbord Village - B in the Heart of Toronto's famous Little Italy. (id:55598)
- ON
- Toronto (palmerston-Little Italy)
- M6G2P2
- 501 PALMERSTON BOULEVARD
- MLS® C10422818
- Date Listed11/13/2024
- Days on Realty 22 Days
- Bedrooms 7
- Bathrooms 3 baths
- Lot Size -
- Sewer Other
- Subdivision Palmerston-Little Italy
- Property Type Single Family Residence
- Water Public
Interior Features
- Appliances Dryer, Refrigerator, Stove, Washer
- Flooring Hardwood, Ceramic
- Heating Radiant Heat, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Clinton Street Junior Public School
Public • PK - 5
32.19 km
Distance
St. Francis of Assisi Catholic School
Public • PK - 8
32.19 km
Distance
King Edward Junior and Senior Public School
Public • PK - 8
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
Public • PK - 5
32.19 km
Distance
École élémentaire Pierre-Elliott-Trudeau
Public • PK - 5
32.19 km
Distance
Essex Junior and Senior Public School
Public • PK - 8
32.19 km
Distance
Lord Lansdowne Junior Public School
Public • PK - 8
32.19 km
Distance
École élémentaire catholique du Sacré-Coeur-Toronto
Public • PK - 5
32.19 km
Distance
Huron Street Junior Public School
Public • PK - 5
32.19 km
Distance
Winona Drive Senior Public School
Public • 6 - 8
32.19 km
Distance
École secondaire Toronto Ouest
Public • 6 - 12
32.19 km
Distance
École secondaire catholique Saint-Frère-André
Public • 6 - 12
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Public • 6 - 8
32.19 km
Distance
Lawrence Heights Middle School
Public • 6 - 8
32.19 km
Distance
Earl Grey Senior Public School
Public • 6 - 8
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Monsignor Fraser College - Annex Campus
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
Public • 9 - 12
32.19 km
Distance
St. Michael's Choir School Music division
Public • 9 - 12
32.19 km
Distance
OISE Institute for Child Study (University of Toronto)
Private • 9 - 12
20 km
Distance
Private • PK - 8
20 km
Distance
Private • PK - 8
20 km
Distance
Private • PK - 8
20 km
Distance
Private • JK - 6
20 km
Distance
De La Salle College "Oaklands"
Private • - 5
20 km
Distance
Private • 9 - 12
20 km
Distance
Private • PK - 8
20 km
Distance
Private • 9 - 12
20 km
Distance
Private • PK - 8
20 km
Distance
Sales & Tax History
Source: Public Records
Street Address | Beds | Baths | Sold Date | List Price |
---|---|---|---|---|
#715 -39 BRANT ST | 2 | 1 | Oct 22, 2024 | $849,900 |
63 GORE VALE AVE | 3 | 2 | Oct 10, 2024 | $999,999 |
124 GARNET AVE | 5 | 2 | Nov 06, 2024 | $899,000 |
464 EUCLID AVE | 7 | 4 | Nov 15, 2024 | $2,549,900 |
40 PAGE AVE | 6 | 3 | Nov 07, 2024 | $2,149,000 |
12 RIDEAU AVE | 3 | 1 | Oct 14, 2024 | $899,000 |
124 LINDSEY AVE | 6 | 3 | Oct 07, 2024 | $1,499,000 |
40 PAGE AVE | 6 | 3 | Oct 23, 2024 | $2,080,000 |
677 HURON ST | 4 | 5 | Dec 03, 2024 | $2,988,888 |
897 MANNING AVE | 3 | 2 | Nov 28, 2024 | $999,000 |
96/100
Walker's Paradise
Walk Score ®
98/100
Rider's Paradise
Transit Score ®
100/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.Transit Summary
20 nearby routes: 15 bus, 5 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 83/100, Transit Score: 82/100, Bike Score: 79/100.
Points of interest near 501 PALMERSTON BOULEVARD, Toronto (Palmerston Little Italy), ON M6G2P2
207 m
Distance
Retail
208 m
Distance
208 m
Distance
209 m
Distance
209 m
Distance
209 m
Distance
209 m
Distance
Food • Retail • Nightlife
210 m
Distance
Rustle & Still, Toronto, ON, Canada
Food • Retail • Nightlife
210 m
Distance
Food • Retail Nightlife
211 m
Distance
Food • Retail • Nightlife
210 m
Distance
Rustle & Still, Toronto, ON, Canada
Food • Retail • Nightlife
210 m
Distance
Food • Retail Nightlife
211 m
Distance
Lennox Street, Toronto, ON, Canada
Transport
193 m
Distance
Lennox Street, Toronto, ON, Canada
Transport
195 m
Distance
Annex Theatre, Toronto, ON, Canada
Education Entertainment
153 m
Distance
Randolph Theatre, Toronto, ON, Canada
Education Entertainment
165 m
Distance
190 m
Distance
Food • Retail • Nightlife
210 m
Distance
Rustle & Still, Toronto, ON, Canada
Food • Retail • Nightlife
210 m
Distance
Food • Retail Nightlife
211 m
Distance
Annex Theatre, Toronto, ON, Canada
Education Entertainment
153 m
Distance
Randolph Theatre, Toronto, ON, Canada
Education Entertainment
165 m
Distance
156 m
Distance
Annex Animal Hospital, Toronto, ON, Canada
Professional
172 m
Distance
Quarantine Apt, Toronto, ON, Canada
Accommodation
176 m
Distance
193 m
Distance
165 m
Distance
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Frequently Asked Questions for 501 PALMERSTON BOULEVARD
Source: Realty.com
501 PALMERSTON BOULEVARD, Toronto (Palmerston Little Italy), ON M6G2P2 is a Single Family Residence, Residential property listed for $3,199,000 The property is 0 sq. ft with 7 bedrooms and 3 bathrooms
Realty.com has 31 photos of 501 PALMERSTON BOULEVARD.
The full address for this home is 501 PALMERSTON BOULEVARD, Toronto (Palmerston Little Italy), ON M6G2P2.
501 PALMERSTON BOULEVARD has been listed on Realty.com since Wed November 13, 2024
Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 83/100, Transit Score: 82/100, Bike Score: 79/100.
Listing provided courtesy of:
FREEMAN REAL ESTATE LTD.
(tel: (416) 535-3103)
Listing agent:
DANIEL TODD FREEMAN
(tel: (416) 937-5556)
This content last refreshed on 2024-12-05 14:54:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.