$7,799,000 - 424 Euclid Avenue, Downtown Toronto
Semi-Detached for Sale in Downtown Toronto
Neighbourhood: Palmerston-Little Italy
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- MLS Number
- C13807964
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 16
- Bedrooms
- 5
- Bathrooms
- 5
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $14,778
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
A rare architectural masterpiece where the craftsmanship of 1892 meets uncompromising modern design. Completely gutted, restored & reimagined in 2019, 424 Euclid Ave is an exceptional 4+1 bed, 5 bath residence in the heart of Palmerston-Little Italy, showcasing the romance & grandeur of its original architecture alongside extraordinary contemporary finishes. Original details have been lovingly restored & replicated throughout, including Romanesque arches, Queen Anne Revival elements, ceiling medallions, 12" baseboards, crown mouldings, hand-carved flower corner blocks & the original front door with period bronze hardware. Soaring 10'3" ceilings throughout the main flr, European white oak flrs & custom millwork create an atmosphere of refined warmth & timeless sophistication. The spectacular Bulthaup kitchen features Gaggenau appliances, Dornbracht fixtures & a dramatic centre island, flowing seamlessly to the dining & living spaces. A restored original fireplace (ornamental), stained glass, custom lighting, automated drapery & B/I speakers are among the many thoughtful details. Upstairs, the lux primary suite is a retreat, complete with custom millwork & a 5pc spa-inspired ensuite with steam shower, soaker tub & exquisite tilework. Additional bedrms & a sep office offer exceptional flexibility. The fully finished lower lvl adds incredible value with an ancillary apartment featuring 9' ceilings - perfect for guests, extended family or add'l income. Outside, professionally designed native gardens by landscape designer Shaun Booth include irrigation, gas line, controlled lighting, snowmelt & a 2-car carport. 200-amp service & infrastructure ready for a laneway house add further potential. Every detail has been considered, from radiant in-floor heating, a water filtration system, HRV, humidification, generator, security & integrated smart-home systems. A truly remarkable home where heritage craftsmanship & exceptional contemporary architecture exist in perfect harmony.
Estimate your monthly payments for this property
Estimated Payment
$34,497.61/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.
424 Euclid Avenue, 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
Premium Pricing
At $2600/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downtown Toronto.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.