$1,549,000 - 468 Markham Street, Downtown Toronto
Semi-Detached for Sale in Downtown Toronto
New — Listed todayNeighbourhood: Palmerston-Little Italy
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- MLS Number
- C13873598
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 0
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $10,719
- Listing Brokerage
- FREEMAN REAL ESTATE LTD.
Three kitchens. Three hydro meters. Three self-contained living spaces. Zero tenants to inherit. Now we've got your attention. Find a substantially renovated, owner-occupied home offering the kind of flexibility that's increasingly difficult to find downtown, and it's completely vacant on closing. Substantially renovated in 2012/13, the home is largely turnkey and currently configured as three separate, self-contained units. Live in one and explore renting the others. Bring family together without actually having to live together. Rightsize while keeping room for children, parents or income. Or invest and start with a clean slate, choosing your own tenants. Three separate hydro meters make the setup especially practical, and parking for one via the mutual drive checks another important downtown box. Then there's the neighbourhood. Mirvish Village is up the street, Little Italy is down the street Bathurst subway and Bloor Street are steps away, and U of T is an easy walk or bike ride. Harbord Village, Kensington Market, The Annex, Seaton Village and Koreatown put an extraordinary amount of Toronto within easy reach. Investor. Rightsizer. Extended family. Or simply someone who appreciates having options. Whatever brings you through the door, this is one you'll want to see before someone else figures out just how useful three front doors can be. Note: End of Row. No Holdbacks on Offers.
Estimate your monthly payments for this property
Estimated Payment
$6,851.75/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.
468 Markham Street, 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 $775/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.
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.
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 4 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.
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.