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Condo for Sale in Downtown Toronto
New — Listed todayNeighbourhood: Palmerston-Little Italy
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- MLS Number
- C13871946
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2025)
- $2,368
- Maintenance Fees
- $869/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Two bedrooms. CN Tower views. 100 Walk Score. And Little Italy right outside your door.Set in a well-maintained, character-filled building, this bright and spacious approximately 700 sq. ft. suite delivers the kind of downtown living that makes owning in the city so much fun. Freshly painted and move-in ready, it features two proper bedrooms, brand-new appliances, new countertops and great natural light throughout.Wake up to a view of the CN Tower, then head downstairs and you're immediately in the middle of it all - coffee shops, restaurants, bars, boutiques and the neighbourhood spots that make Little Italy one of Toronto's most vibrant communities.The College and Spadina streetcars are steps away, with U of T, Kensington Market, the Annex and downtown all within easy reach. Whether you're grabbing your morning coffee, meeting friends for dinner or just wandering around with nowhere to be, you won't have to go far.And when you feel like staying home? The building has you covered with a gym, sauna and rooftop terrace. There's also guaranteed rental parking for just $100/month - a pretty great perk in this part of the city.Two real bedrooms. Great light. Skyline views. Character. A 100 Walk Score. And one of Toronto's best neighbourhoods at your doorstep.With limited condo inventory in Little Italy, this is a rare opportunity to own a true downtown home where you can actually live, not just sleep.
Estimate your monthly payments for this property
Estimated Payment
$2,360.04/mo
Includes CMHC insurance ($12,834)
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.
456 College Street Unit 415, 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
Competitive Pricing
At $767/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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 $869/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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 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.
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.