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Key Details
Sold Price $1,535,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Trinity-Bellwoods
MLS Listing ID C12040439
Sold Date 04/16/25
Style 2-Storey
Bedrooms 5
Annual Tax Amount $8,609
Tax Year 2024
Property Sub-Type Duplex
Property Description
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!
Location
Province ON
County Toronto
Community Trinity-Bellwoods
Area Toronto
Rooms
Family Room No
Basement Apartment, Separate Entrance
Kitchen 2
Separate Den/Office 1
Interior
Interior Features None
Cooling Wall Unit(s)
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle,Membrane
Lot Frontage 18.0
Lot Depth 129.0
Total Parking Spaces 2
Building
Foundation Concrete Block, Stone
Others
Senior Community Yes
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