A rare and versatile opportunity in the heart of Trinity Bellwoods/Little Italy! This lovely red brick Victorian at 261 Palmerston Ave offers endless possibilities - live and lease, rent entirely, or convert back to a single-family home. VACANT POSSESSION means you can move right in or set your own rents. Featuring three self-contained units, this home is perfect for investors or end-users looking to maximize space and income potential. The upper unit boasts 2 beds, 1 bath, a spacious living area, and a large kitchen with a walkout to a private deck. The main floor unit offers another 2 beds, 1 bath, an inviting living space, and direct access to the backyard. The lower level features great ceiling height, 1 bed, 1 bath, ample storage, and a roughed-in kitchen, ready to be completed. 2-car garage with laneway access a huge bonus in this prime location! Steps to Toronto's best restaurants, shops, cafes, parks, and transit. Don't miss this exceptional opportunity!
Address
261 Palmerston Avenue
List Price
$1,549,000
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
3-Storey
Area
Toronto C01
Sub-Area
Trinity-Bellwoods
County
Toronto
Bedrooms
4 + 1
Bathrooms
3
Lot Size Source
MPAC
Lot Depth
129
Lot Size Units
Feet
Lot Width
18
MLS® Number
C12040439
Listing Brokerage
KELLER WILLIAMS CO-ELEVATION REALTY
Basement Area
Apartment, Separate Entrance
Postal Code
M6J 2J3
Parking Places (Total)
2
Tax Amount
$8,609.00
Tax Year
2024
Interior Features
None
Heat Source
Gas
Heat Type
Forced Air
Cooling
Wall Unit(s)
Construction Materials
Brick
Direction Faces
East
Foundation Details
Concrete Block, Stone
Garage Type
Detached
Kitchens Total
2
Pool Features
None
Roof
Asphalt Shingle, Membrane
Sewer
Sewer