Listed for:Listed Sep 17, 2026
$899,999

Unit PH07, 308 Palmerston Avenue

Toronto (Palmerston-Little Italy), ON M6J 3X9

Common Element Condo For Sale
The Europa exteriorThe Europa7 storeys, 113 suites, built 2007
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for Unit PH07, 308 Palmerston Avenue, Toronto, Palmerston-Little Italy

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About Unit PH07, 308 Palmerston Avenue, Toronto, Palmerston-Little Italy

Summarized Description

  • Rare two-storey penthouse in Little Italy.
  • Bright with floor to ceiling windows.
  • Impressive private terrace with views.
  • Spacious living and dining area.
  • Two bedrooms plus versatile den.
  • Close to parks, transit, and restaurants.
  • Includes underground parking and storage.

Rare Two-Storey Penthouse at 308 Palmerston Ave! Located on prestigious Palmerston Avenue in the heart of Little Italy, this bright and spacious 2-bedroom + den, 2-bathroom penthouse offers a unique blend of condo convenience and house-like living. Enjoy an open layout, soaring ceilings, floor-to-ceiling windows, and an impressive private terrace with beautiful, unobstructed views of the South Annex's mature tree canopy and historic mansions. The two-storey layout offers excellent separation between living and sleeping spaces, while the terrace provides a wonderful extension of the living area. Includes 1 underground parking space and 1 storage locker. Europa is a welcoming, well-established building cherished by its long-term residents, with proactive management and a healthy reserve fund. Penthouse opportunities here are exceptionally rare. While the suite offers an exciting opportunity to update and personalize the space, its outstanding layout, views, and location provide an exceptional foundation for creating a truly special home. Steps to parks, transit, cafés, restaurants, shopping, the University of Toronto, hospitals, and everything this vibrant neighbourhood has to offer. A rare opportunity to make a distinctive two-storey penthouse your own in one of Toronto's most desirable locations.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,972
Land Transfer Tax Fee
$28,950

Condo/Maintenance Fee

Maintenance Fee
$1,364 /month

Included In Maintenance Fee

  • Water Included
  • Common Elements Included
  • Building Insurance Included
  • Parking Included

Rental Items

Rental Equipment
None

Basement Type
None

Interior Features

Pets Permitted
Yes-with Restrictions
Laundry Features
Ensuite
Interior Extras
None
Security Features
Concierge/Security, Security Guard
Fireplace/Stove
No
Elevator
No

Exterior Features

Balcony
Terrace

Building Amenities

  • Bike Storage
  • Concierge
  • Exercise Room
  • Party Room/Meeting Room

Building

Building Type
Common Element Condo
Building Style
2-Storey
Approx Age
16-30
Condo Corp Number
1883

Construction

Exposure
North
Exterior Finish
Brick, Concrete
Special Designation
Unknown

Inclusions

Inclusions
S/S Appliances, Stacked Washer/Dryer.

Parking & Garages

Garage Type
Underground
Garage Spaces
1
Parking Type
Owned
Parking Spaces
0
Total Garage And Parking Spaces
1

Lockers

Locker Type
Owned
Locker Level
P1

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air

Bedrooms
2 + 1
Washrooms
2
Kitchens
1

Washrooms

  • 4-piece, Second
  • 3-piece, Second

Municipality
Toronto
Neighbourhood
Palmerston-Little Italy
Main cross streets
Palmerston Ave & College St
Directions
Palmerston Ave & College St

MLS® number
C13803024
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-17
Updated on
2026-10-26
Days on market
39 days
Possession date
2026-10-01
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
ROYAL LEPAGE SIGNATURE REALTY

Home Market Value

Current home valuation for Unit PH07, 308 Palmerston Avenue, Toronto, Palmerston-Little Italy, Toronto, ON. Listed for $899,999

HOMEH Estimate

?

$971,249

Estimated Sales Range

?

$767,287 - $1,175,211

HOMEH Estimate for Unit PH07, 308 Palmerston Avenue, Toronto, Palmerston-Little Italy

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$971,249Medium confidence
Based on 9 comparable properties
− $71,250 (7%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $399,999 over $500K

Minimum down payment

$65,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$33,372$25,110$21,420$0
=Total mortgage
$867,671$835,109$786,419$719,999
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,236monthly$4,077monthly$3,840monthly$3,515monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$14,475

Municipal (Toronto)

$14,475

Total Land Transfer Tax

$28,950

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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