$1,198,000 - 266 Roxton Road, Downtown Toronto
Townhouse for Sale in Downtown Toronto
New — Listed todayNeighbourhood: Palmerston-Little Italy
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- MLS Number
- C13872266
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 0
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $6,644
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Welcome to 266 Roxton Road! Offered for the first time in over 40 years! This is a Prime Little Italy opportunity with incredible potential for investors, renovators, and end-users alike!T his 4-bedroom, 2-bathroom Freehold End townhome is ready to be reimagined and offers a flexible layout with multiple possibilities. The upper level is already equipped with a built-in kitchen, creating a strong foundation for an additional apartment, in-law suite, or multi-generational living arrangement, subject to buyer verification and applicable approvals. The basement also features a separate entrance, further adding to the property's versatility and future potential. A laneway garage provides added convenience, while the private, lush backyard offers a unique touch with established grape vines, plum trees, and pear trees right in the heart of the city. Located just steps from College Street and close to public transit, schools, shops, cafes, restaurants, and everything Little Italy has to offer. Roof and furnace replaced in 2020.Bring your vision, add value, and unlock the potential of this well-located Toronto property. Property is being sold in "as is, where is" condition. Seller makes no representations or warranties.
Estimate your monthly payments for this property
Estimated Payment
$5,299.16/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Palmerston-Little Italy
Palmerston-Little Italy is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Palmerston-Little Italy
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Palmerston-Little Italy offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
266 Roxton Road, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1089/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
About Palmerston-Little Italy
I know Palmerston-Little Italy well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,992 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.