225 Grace Street
Toronto (Palmerston-Little Italy), ON M6G 3A7
- 3+1Bedrooms
- 3Bathrooms
- 2Garage
- 1500–2000Sq Ft
- $8,076Tax
- 19×131 ftLot Size
Estimated Value:$1,604,335See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 225 Grace Street, Toronto, Palmerston-Little Italy
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-06-08 | 2026-09-09 | Login to See Prices | Expired | c13415878 |
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About 225 Grace Street, Toronto, Palmerston-Little Italy
Summarized Description
- Legal duplex with separate entrance for basement unit.
- Newly renovated basement, approx.
- 6 years old.
- Double car garage with lane way access.
- Open concept kitchen and dining area.
- Excellent investment with approx.
- 5% cap rate.
- Main floor unit features new flooring and washroom.
- Potential for lane way apartment development.
- Buyer to assume current tenants.
*LEGAL DUPLEX WITH SEPARATE ENTRANCE TO UNDERPINNED BASEMENT UNIT. * EXCELLENT INVESTMENT! GROSS CAP RATE APPROX 5%. DOUBLE DET. GARAGE SERVICED BY LANE WAY,***MAY HAVE OPPORTUNITY FOR LANE WAY HOUSING***. BASEMENT APARTMENT: NEWLY UNDERPINNED AND RENOVATED APPROX 6 YRS OLD. *MAIN FLOOR UNIT: NEW FLOORING (2026) AND WASHROOM (2026). UPPER LEVEL UNIT: (2nd & 3rd FLR) WITH 2 WALK-OUTS (RENO APPROX 6 YEARS AGO). 5 ROOMS. CAN BE USED AS A 2 OR 3 BEDROOM UNIT. BUYER TO ASSUME TENANTS.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,076
- Land Transfer Tax Fee
- $70,946
Rental Items
- Rental Equipment
- HOT WATER TANK (IF RENTAL)
- Basement Type
- Apartment, Separate Entrance
Interior Features
- Interior Extras
- Accessory Apartment
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Semi-Detached
- Building Style
- 3-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 19.42 ft
- Lot Depth
- 131.00 ft
Inclusions
- Inclusions
- 3 STOVES, 3 FRIDGES, 2 B/I DISHWASHERS, 2 WASHERS, 2 DRYERS (STACKABLE).
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 3 + 1
- Washrooms
- 3
- Kitchens
- 3
- Family / bonus room
- Yes
Room sizes
- Family Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Kitchen—Second level
- Dining Room—Second level
- Family Room—Second level, W/O To Balcony
- Bedroom—Third level
- Bedroom—Third level
- Room—
Washrooms
- 4-piece, Second
- 3-piece, Main
- 3-piece, Basement
- Municipality
- Toronto
- Neighbourhood
- Palmerston-Little Italy
- Main cross streets
- COLLEGE / GRACE
- Directions
- SOUTH OF HARBORD /NORTH OF COLLEGE /EAST OF SHAW / WEST OF CLINTON
- MLS® number
- C13415878
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-09
- Listed on
- 2026-06-08
- Days on market
- 93 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5 %
- Seller
- Listed by
- HOMELIFE/5 STAR REALTY LTD.
Home Market Value
Current home valuation for 225 Grace Street, Toronto, Palmerston-Little Italy, Toronto, ON. Listed for $1,949,900
HOMEH Estimate
$1,604,335
Estimated Sales Range
$962,601 - $2,246,069
HOMEH Estimate for 225 Grace Street, Toronto, Palmerston-Little Italy
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
20% required for homes $1.5M or more
$389,980
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $0 | $0 | $0 | $0 |
=Total mortgage | $1,559,920 | $1,462,425 | $1,364,930 | $1,267,435 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $7,616monthly | $7,140monthly | $6,664monthly | $6,188monthly |
Land Transfer Tax
$35,473
$35,473
$70,946
Around this home
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