PH07 - 308 Palmerston Avenue, Toronto, ON M6J 3X9
Palmerston-Little Italy, Toronto · Near Palmerston Ave & College St · View map
About this home
Rare Two-Storey Penthouse at 308 Palmerston Ave! Located on prestigious Palmerston Avenue in the heart of Little Italy, this bright and spacious 2-bedroom + den, 2-bathroom penthouse offers a unique blend of condo convenience and house-like living. Enjoy an open layout, soaring ceilings, floor-to-ceiling windows, and an impressive private terrace with beautiful, unobstructed views of the South Annex's mature tree canopy and historic mansions. The two-storey layout offers excellent separation between living and sleeping spaces, while the terrace provides a wonderful extension of the living area. Includes 1 underground parking space and 1 storage locker. Europa is a welcoming, well-established building cherished by its long-term residents, with proactive management and a healthy reserve fund. Penthouse opportunities here are exceptionally rare. While the suite offers an exciting opportunity to update and personalize the space, its outstanding layout, views, and location provide an exceptional foundation for creating a truly special home. Steps to parks, transit, cafés, restaurants, shopping, the University of Toronto, hospitals, and everything this vibrant neighbourhood has to offer. A rare opportunity to make a distinctive two-storey penthouse your own in one of Toronto's most desirable locations.
The home
- Type
- Penthouse
- Style
- 2-Storey
- Square footage
- 1000-1199 sq ft
- Bedrooms
- 2
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 5
- Basement
- None
- Faces
- North
- Level
- PH
- Balcony
- Terrace
- Laundry
- Ensuite
- Approximate age
- 16-30 years
Ownership & fees
- Ownership
- Condominium
- Maintenance fee
- $1,363.67/mo
- Fee includes
- Water, Common Elements, Building Insurance, Parking
- Complex
- TSCC 1883
- Property management
- ICC Property Management Ltd.
- Pets
- Allowed, with restrictions
- Locker
- Owned
- Security
- Concierge/Security, Security Guard
- Exterior
- Brick, Concrete
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Underground
- Garage spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $4,972/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Palmerston Ave & College St
- Neighbourhood
- Palmerston-Little Italy
More
- Price per sq ft
- ~$818 (at 1,100 sq ft)
- MLS® number
- C13803024
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The home and its surroundings
- Hospital
- Library
- Park
- Public Transit
- Terraced
Included in the maintenance fee
- Water
- Common Elements
- Building Insurance
- Parking
Shared in the complex
- Bike Storage
- Concierge
- Exercise Room
- Party Room/Meeting Room
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
308 Palmerston Avenue, Toronto, ON M6J 3X9
Palmerston-Little Italy, Toronto · Near Palmerston Ave & College St
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Listing history for 308 Palmerston Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Answers come straight from this home’s MLS® listing.
How much is PH07 - 308 Palmerston Avenue listed for, and what would it cost each month?
PH07 - 308 Palmerston Avenue is listed for $899,999. With 20% down ($180,000), the mortgage payment would be roughly $3,630 a month at 4.5% over 30 years. Add property tax and the maintenance fee and the estimate comes to about $5,408 a month, all in. That figure is an illustration, not a quote.
Is PH07 - 308 Palmerston Avenue freehold or a condo, and is there a monthly fee?
PH07 - 308 Palmerston Avenue is a penthouse in Palmerston-Little Italy, Toronto. Ownership is condominium: you own the unit and a condo corporation looks after the common elements. The maintenance fee is $1,363.67 a month. The listing says it covers water, common elements, building insurance, parking. Fees can change, so confirm the current amount in the status certificate.
How many bedrooms and bathrooms does PH07 - 308 Palmerston Avenue have?
PH07 - 308 Palmerston Avenue has 2 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms. The listing gives the style as 2-storey.
Does PH07 - 308 Palmerston Avenue have a garage and parking?
Yes. The listing shows the garage as underground, with room for 1 car. In total the listing counts 1 parking space.
Does PH07 - 308 Palmerston Avenue have a finished basement?
No. The listing shows no basement for this home.
What style of home is PH07 - 308 Palmerston Avenue?
PH07 - 308 Palmerston Avenue is a penthouse. A penthouse is on the top floor of its building, usually with more ceiling height, better views and often a private terrace.
How big is PH07 - 308 Palmerston Avenue?
The listing puts the home between 1,000 and 1,199 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement.
How is PH07 - 308 Palmerston Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for PH07 - 308 Palmerston Avenue?
Property taxes are $4,972 a year (2026), or about $414 a month.
Are pets allowed at PH07 - 308 Palmerston Avenue?
Pets are allowed, with restrictions. A condo corporation can limit the size, number or type of pet, so check the condo corporation’s rules before you offer.
Where is PH07 - 308 Palmerston Avenue?
PH07 - 308 Palmerston Avenue is in the Palmerston-Little Italy community of Toronto. The nearest main intersection is Palmerston Ave & College St. The postal code is M6J 3X9.
Is PH07 - 308 Palmerston Avenue still for sale?
Yes. It is an active listing (MLS® C13803024). Listings here update from the board through the day and come down once a home sells.
What are similar condos near PH07 - 308 Palmerston Avenue asking?
Similar condos for sale nearby right now include 519 - 308 Palmerston Avenue at $479,000, 619 - 308 Palmerston Avenue at $398,000 and PH12 - 858 Dupont Street at $870,796 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 308 Palmerston Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at PH07 - 308 Palmerston Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Courtesy of: ROYAL LEPAGE SIGNATURE REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax and the maintenance fee. For illustration only.