308 Palmerston Avenue Unit 601, Toronto C01

Price: $449,900

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13846472

Welcome to Europa Condominium Located at Palmerston Ave and College St. In Little Italy. This One Bedroom Condo Offers Juliette Balcony, Sunny Living and Dining Rooms, Hardwood Floor Through Out, Granite Counter Top With Breakfast Bar, Stainless Appliances, 4 Pc Washroom, Spacious Exclusive Locker. The Building Amenities Include: Security Guard, Gym, Party Room. It Is Ready To Move In Condition, Freshly Painted and updated. Quick Access to Trinity Bellwoods, Alexandra Park, Toronto Weston Hospital & The University of Toronto, Queen West, Dundas West & Little Portugal, Many Trendy Restaurants, Shops. TTC At Your Doorsteps!

308 Palmerston Avenue Unit 601 - Condo photo 1 of 29 in Downtown Toronto / Waterfront, Ontario
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active
New Listing

$449,900 - 308 Palmerston Avenue Unit 601, Downtown Toronto

Condo for Sale in Downtown Toronto

New — Listed 6 days ago

Neighbourhood: Trinity-Bellwoods

1Beds
1Baths
N/ASq Ft
Condo

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Property Details
MLS Number
C13846472
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Downtown Toronto / Waterfront
Taxes (2026)
$2,072
Maintenance Fees
$552/mo
Locker
Exclusive
Exposure
South
Balcony
Juliette
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Welcome to Europa Condominium Located at Palmerston Ave and College St. In Little Italy. This One Bedroom Condo Offers Juliette Balcony, Sunny Living and Dining Rooms, Hardwood Floor Through Out, Granite Counter Top With Breakfast Bar, Stainless Appliances, 4 Pc Washroom, Spacious Exclusive Locker. The Building Amenities Include: Security Guard, Gym, Party Room. It Is Ready To Move In Condition, Freshly Painted and updated. Quick Access to Trinity Bellwoods, Alexandra Park, Toronto Weston Hospital & The University of Toronto, Queen West, Dundas West & Little Portugal, Many Trendy Restaurants, Shops. TTC At Your Doorsteps!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,308.22/mo

Includes CMHC insurance ($12,552)

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5-yr fixed avg.

Principal: $404,910Interest: $275,004
Mortgage Amount$417,462
Total Interest$275,004
Est. Property Tax$319/mo
Total Cost$692,466

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.

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Neighbourhood Guide: Trinity-Bellwoods

Discover Trinity-Bellwoods

Trinity-Bellwoods 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 Trinity-Bellwoods

  • •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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Trinity-Bellwoods 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.

70
Walk Score
Varies
Price Range

308 Palmerston Avenue Unit 601, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$552
Property Tax (est.)-$319
Insurance (est.)-$94
Net Cash Flow+$1,395

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $552/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Trinity-Bellwoods

I know Trinity-Bellwoods 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    308 Palmerston Avenue Unit 601 | $449,900 | Battaglia Team