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Palmerston-Little Italy, Toronto
$3,349,999
On Palmerston Boulevard, the setting is every bit as remarkable as the home itself. Welcome to 497 Palmerston Boulevard, where every inch has been redefined for modern living, while the grace of its 1907 architecture remains beautifully intact. Reimagined by Altius Architecture and featured in Toronto Life, it is a remarkable meeting of thoughtful design, enduring character and effortless function. The main floor is exquisite. A continuous expanse of white oak carries through the space, complemented by a linear gas fireplace set within custom built-in shelving. At its centre, the kitchen anchors the room with a waterfall island, integrated appliances and cabinetry designed to disappear. Beyond, the living room dissolves into the garden through a wall of wood-framed sliding glass, opening onto a wide hardwood deck that steps down to the lawn. Thirty feet across and extending nearly 139 feet to the rear property line, the grounds are framed by mature hedging and lit for evenings. Summer dinners, soccer on turf that never needs mowing, quiet mornings with coffee: an extraordinary sense of space, privacy and calm in the heart of the city. Three generously proportioned bedrooms share the second floor, each with substantial closet space and beautiful natural light. The third floor is devoted entirely to the primary retreat. A king-sized bedroom is joined by a private sitting area framed by exposed brick and custom millwork. The ensuite is equally exceptional, with a freestanding tub beneath the window, a generous glass shower and floor-to-ceiling marble. The fully finished lower level offers a recreation room, full bathroom, dedicated laundry room and abundant storage. Private drive parking accommodates four vehicles. Steps from Harbord Village and Bathurst Station, and just minutes from College Street and the University of Toronto. Rare width. Rare light. Rare quiet. All on one of the city's great streets.
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This seller is holding back offers
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| Type | Semi-Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $14,372 |
| Lot Size | 30 ft x 138.83 ft |
| mls© Number | C13751854 |
| Listed By | HARVEY KALLES REAL ESTATE LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $17,147
- Property tax
- $1,198
- Heat allowance
- $150
- Housing costs
- $18,494 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$569,000
gross annual household income
- Payment at 4%
- $14,097 / mo
- Cash down
- $670,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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