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Last Updated : 3 Days ago
501 Palmerston Blvd, Toronto, Ontario, Palmerston-Little Italy
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501 Palmerston Blvd, Toronto MLS Number: C10422818

Palmerston-Little Italy, Toronto, ON, M6G 2P2

$3,199,000

Status: For Sale

  • 7+ Beds
  • 3 Baths
  • Property Type: Residential (Detached)
  • Property Taxes : $13554.72 (Tax Year:2024)
  • Listing Courtesy : Freeman Real Estate Ltd.

501 Palmerston Blvd Property Description

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!

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501 Palmerston Blvd Property Facts

Property Type :Residential
MLS Number :C10422818
Listing Type :Sale
Property Age :100+ Years
Possession Date :
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Last Updated :20 Nov, 2024 (3 Days ago)
Source :TRREB
Area :Toronto
Community : Palmerston-Little Italy
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Postal Code : M6G 2P2
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501 Palmerston Blvd Property Price & Tax Insights

Price : $3,199,000
Property Taxes :$13554.72
Tax Year :2024

501 Palmerston Blvd, Toronto Property Details

Bedrooms :7 +
No. of Rooms :16
Air Conditioning :None
Heating :Radiant
Place of Worship :No
Cross Street :Bloor & Bathurst
Bathrooms :3
Fuel :Gas
Fireplace/Stove :No
Virtual Tour
Dimensions 12
Living :3.05 m x 4.47 m
Kitchen :2.74 m x 2.24 m
3rd Br :3.84 m x 3.28 m
Kitchen :2.87 m x 2.82 m
2nd Br :3.28 m x 2.34 m
Living :3.89 m x 4.09 m
Br :4.01 m x 4.88 m
2nd Br :3.58 m x 3.35 m
Living :3.40 m x 5.26 m
Br :3.45 m x 3.30 m
3rd Br :3.78 m x 3.66 m
Br :3.96 m x 2.82 m

Exterior Information

Exterior Finish :Brick
Parking Space :6
Basement :Full
Garage :Detached
Park :Park
Library :Library

501 Palmerston Blvd, Toronto - Price History

2024-11

13 Nov, 2024

TREB #C10422818

Listed

$3199000.0

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

501 Palmerston Blvd - Location Map and Landmarks

  • Bathurst Subway, Toronto 0.4 km
  • Christie Subway, Toronto 0.49 km
  • Spadina Subway, Toronto 0.83 km
  • Ossington Subway, Toronto 1.1 km
  • St George Subway, Toronto 1.2 km
  • Dupont Subway, Toronto 1.42 km
  • Museum Subway, Toronto 1.62 km
  • Queen'S Park Subway, Toronto 1.81 km
  • Dufferin Subway, Toronto 1.87 km
  • Bay Subway, Toronto 2.0 km
  • Harbord Collegiate Institute, Toronto 0.21 km
  • Central Technical School, Toronto 0.32 km
  • Monsignor Fraser College - Annex Campus, Toronto 0.51 km
  • Clinton Street Junior Public School, Toronto 0.58 km
  • West End Alternative School, Toronto 0.58 km
  • West End Reception Centre, Toronto 0.58 km
  • Bickford Centre, Toronto 0.61 km
  • Palmerston Avenue Junior Public School, Toronto 0.64 km
  • King Edward Junior & Senior Public School, Toronto 0.65 km
  • Delta Alternative Senior School, Toronto 0.68 km
  • Krembil Research Institute, Toronto 1.12 km
  • Toronto Western Hospital, Toronto 1.18 km
  • University Health Network - Toronto Western, Toronto 1.2 km
  • Toronto Rehab Institute - Hillcrest Site, Toronto 1.73 km
  • Mount Sinai Hospital Special Pregnancy Program, Toronto 1.81 km
  • Princess Margaret Hosp, Toronto 1.86 km
  • Mount Sinai Hospital, Toronto 1.88 km
  • Sinai Health System - Mount Sinai, Toronto 1.89 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 1.89 km
  • University Health Network - Toronto Rehabilitation Institute, Toronto 1.94 km
  • Honest Ed'S, Toronto 0.22 km
  • The Village Market, Toronto 0.27 km
  • Price War, Toronto 0.28 km
  • P.A.T. Central, Toronto 0.32 km
  • Bloor Fruit Market, Toronto 0.32 km
  • Bloor-Borden Farmers' Market, Toronto 0.41 km
  • Emart, Toronto 0.42 km
  • Sobey'S, Toronto 0.47 km
  • Bloor Superfresh, Toronto 0.63 km
  • Metro, Toronto 0.73 km
  • Harbord Street and Palmerston Boulevard, Toronto 0.19 km
  • Bathurst Street and Harbord Street, Toronto 0.27 km
  • Bloor Street West and Bathurst Street, Toronto 0.29 km
  • Harbord Street and Clinton Street, Toronto 0.38 km
  • Christie Street and Bloor Street West, Toronto 0.48 km
  • Grace Street and Harbord Street, Toronto 0.5 km
  • Christie Street and Grace Street and Bloor Street West, Toronto 0.51 km
  • Bathurst Street and College Street, Toronto 0.8 km
  • Bloor Street West and Spadina Avenue and Spadina Road, Toronto 0.83 km
  • Spadina Avenue and Harbord Street, Toronto 0.84 km
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FAQs: 501 Palmerston Blvd, Toronto

  • Q: Does this Project 501 Palmerston Blvd available for Sale ?

    A: The project 501 Palmerston Blvd is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 501 Palmerston Blvd is Offering?

    A:Square Yards is giving a Cashback of $15,995 if you buy this property from us, however there are several key features offered by the 501 Palmerston Blvd. You get 7+ Beds with 3 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 501 Palmerston Blvd?

    A: 501 Palmerston Blvd in Toronto offers a total of 6 parking spaces for residents.
  • Q:How many Beds & Baths available in 501 Palmerston Blvd, Toronto?

    A: 501 Palmerston Blvd, Toronto comes with 7+ Beds for maximum convenience and space. There are 3 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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