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New2 hours ago

497 Palmerston Boulevard

Palmerston-Little Italy, Toronto

$3,349,999

Semi-Detached |2 1/2 Storey
4 | 3 | 4
About this home

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.

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeSemi-Detached
Style2 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$14,372
Lot Size30 ft x 138.83 ft
mls© NumberC13751854
Listed ByHARVEY KALLES REAL ESTATE LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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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.

Down payment20% · $670,000
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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