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For saleMLS® C13225554

386 Palmerston Boulevard, Toronto, ON M6G 2N6

Palmerston-Little Italy · C01 · M6G 2N6

$5,749,900

$1,643 / sq ft

5 months on market

Bedrooms
4+2
Bathrooms
7
Interior
3,500 sf
Parking
8
Lot
50 × 127 ft

What's special

  • 8 parking spaces
  • Walk-out basement
  • Fireplace

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About this property

Palmerston Boulevard is one of the city's most storied streets. Gated at the entrance, lined with historic cast-iron lampposts, and canopied by mature trees that have watched this neighbourhood evolve for over a century. There is simply no other street like it in Toronto. Little Italy at your doorstep. Restaurants, cafés, culture, and the subway are all within reach - yet the moment you turn onto Palmerston, the city softens. Equally rare as the location is the expansive 50 by 127 foot lot with a private drive, lane access, and the potential to build a two-storey laneway home with an integrated two-car garage. Options like this don't surface often. Step through the pillared front porch into three self-contained units, each with its own distinct character. From traditional to contemporary. Keep it as the turnkey multi-unit property it already is - an intelligent hold in one of Toronto's most enduring neighbourhoods - or reimagine it entirely as a singular grand residence. For those with the vision to create their dream home, few canvases in this city are more compelling. Some addresses find you. This one was waiting for you all along.

Rooms

14 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain5.75 × 3.53 m18.9 × 11.6 ftHardwood Floor · Formal Rm · Bay Window
Dining RoomMain5.18 × 3.96 m17.0 × 13.0 ftHardwood Floor · Formal Rm · Large Window
KitchenMain6.22 × 4.57 m20.4 × 15.0 ftMarble Counter · Centre Island · Eat-in Kitchen
Family RoomMain4.93 × 3.68 m16.2 × 12.1 ftHardwood Floor · Formal Rm · Overlooks Backyard
Primary BedroomSecond4.42 × 3.96 m14.5 × 13.0 ftHardwood Floor · 6 Pc Ensuite · Pot Lights
KitchenSecond4.60 × 4.11 m15.1 × 13.5 ftHardwood Floor · W/O To Balcony · Stainless Steel Appl
Living RoomSecond6.55 × 3.53 m21.5 × 11.6 ftHardwood Floor · Fireplace
Primary BedroomThird4.57 × 4.39 m15.0 × 14.4 ftHardwood Floor · W/O To Balcony · Pot Lights
Bedroom 2Third3.96 × 3.48 m13.0 × 11.4 ftHardwood Floor · 4 Pc Ensuite · Pot Lights
Bedroom 3Third4.17 × 2.51 m13.7 × 8.2 ftHardwood Floor · Skylight
Living RoomLower4.17 × 3.73 m13.7 × 12.2 ftWalk-Out · Pot Lights · Window
KitchenLower3.76 × 3.68 m12.3 × 12.1 ftEat-in Kitchen · Stainless Steel Appl · Window
Primary BedroomLower4.65 × 3.45 m15.3 × 11.3 ftPot Lights · B/I Closet · Window
Bedroom 2Lower3.56 × 3.25 m11.7 × 10.7 ftPot Lights · Window

Features

  • Other

Property details

Property

Property type
detached
Bedrooms
4 + 2
Bathrooms
7
Interior size
3,500 sq ft
Lot size
50 × 127 ft
Possession
Flexible

Interior

Basement
Finished, Separate Entrance, Walk-Out
Heating
Radiant · Gas
Cooling
Other
Fireplaces
1
Exposure
West

Exterior & services

Construction
Brick
Parking spaces
8
Sewer
Sewer

Costs

List price
$5,749,900
Property taxes
$22,175 / year (2025)
Price per sq ft
$1,643

Listing

MLS® number
C13225554
Status
For sale
Listed
June 1, 2026
Days on market
156
Last updated
June 30, 2026
Listing brokerage
CHESTNUT PARK REAL ESTATE LIMITED

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 97% of comparable detached listings in Toronto are asking less.

$800KMedian $1.49M$3.27M
This home
$1,643 / sq ft
Comparable median
$1,000 / sq ft

Based on 96 comparable active detached listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $1,149,980
$1,149,980
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$25,433.75
Property tax (est.)
$1,847.94
Estimated monthly
$27,282

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$130,223
Toronto municipal
$182,720
Total due on closing
$312,942

An estimate on the asking price of $5,749,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of CHESTNUT PARK REAL ESTATE LIMITED. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$5,749,900

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