
Unit PH2, 540 College Street
Toronto (Palmerston-Little Italy), ON M6G 1A6
Included in Rent: Heat, Hydro, Parking, Water, High Speed Internet
540 College Condos4 storeys, 6 suites, built 2014- 4Bedrooms
- 4Bathrooms
- 1Parking
- 2250–2499Sq Ft
- FlexibleAvailable
- Sink, In-Suite Laundry, Laundry RoomLaundry
- Entire PropertyFor Lease
- Furnished

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit PH2, 540 College Street, Toronto, Palmerston-Little Italy
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About Unit PH2, 540 College Street, Toronto, Palmerston-Little Italy
Summarized Description
- Located in an ultra-exclusive boutique building.
- Features soaring 12-foot ceilings for added volume.
- Chefs kitchen with oversized island for entertaining.
- Newly renovated rooftop terrace with stunning views.
- Exclusive access to a lower-level gym and steam room.
- Open-concept layout enhances comfort and style.
- Private terrace perfect for gatherings or relaxation.
- Thoughtfully designed for both function and aesthetics.
Tucked inside an ultra-exclusive, three-unit boutique building, this refined residence blends contemporary design with a welcoming, lived-in vibe right in the heart of Little Italy. With just three homes in the building, privacy is baked in, while every square inch has been thoughtfully curated for comfort, function, and style. Inside, soaring 12-foot ceilings add volume and airiness, while the chefs kitchen with its oversized island and bar seating anchors the space. Perfect for entertaining or winding down, the kitchen flows seamlessly into the open-concept living and dining area. A double-sided gas fireplace adds warmth and character, and the dining space easily hosts up to 12 framed by gallery-style art walls that elevate the entire layout. The real showstopper A newly renovated, northwest-facing rooftop terrace offering 400+ square feet of outdoor space with a gas BBQ line, lounge area, and epic sunset views. Whether you're throwing a dinner party or enjoying a solo coffee at golden hour, this private perch is rare, refined, and ready for anything. A unique bonus: while not part of the unit itself, the residence comes with exclusive use of a lower-level gym, steam room, and lounge a boutique wellness setup that's just a few steps away, and entirely yours.
Key Facts & Features
Rental Details
- Portion Of Property For Rent
- Entire Property
- Furnished
- Furnished
- Rent Term
- Month To Month
- Rental Deposit
- Yes
- Credit Check
- Yes
- Employment Letter
- Yes
- Rental Application
- Yes
- References Required
- Yes
Included In Rent Fee
- Heat
- Hydro
- Parking
- Water
- High Speed Internet
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Sink, In-Suite Laundry, Laundry Room
- Laundry Level
- Main Level
- Interior Extras
- Air Exchanger, Countertop Range, Intercom
- View
- Clear, Downtown
- Fireplace/Stove
- Yes
- Fireplace Features
- Living Room, Natural Gas
- Elevator
- No
Exterior Features
- Balcony
- Terrace
Building
- Building Type
- Condo Apartment
- Building Style
- 2-Storey
- Approx Age
- 6-10
- Condo Corp Number
- 2372
Construction
- Exposure
- North West
- Exterior Finish
- Brick Front, Metal/Steel Siding
- Special Designation
- Unknown
Inclusions
- Inclusions
- All inclusive - Perfect Executive rental.
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- Surface
- Garage Spaces
- 0
- Parking Type
- Owned
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 4
- Washrooms
- 4
- Kitchens
- 1
Room sizes
- Bedroom 3—Main level, B/I Desk, Hardwood Floor, Pot Lights
- Bedroom 4—Main level, Hardwood Floor, Pot Lights, West View
- Dining Room—Second level, Walk-Out, NW View, 2 Way Fireplace
- Living Room—Second level, 2 Way Fireplace, Hardwood Floor, Open Concept
- Bedroom 2—Main level, B/I Desk, Hardwood Floor, Pot Lights
- Primary Bedroom—Main level, Hardwood Floor, 4 Pc Ensuite, Walk-In Closet(s)
- Foyer—Main level, B/I Closet, Pot Lights, Tile Floor
- Kitchen—Second level, Walk-Out, Large Window, NW View
Washrooms
- 4-piece, Main
- 2-piece, Second
- 5-piece, Lower
- Municipality
- Toronto
- Neighbourhood
- Palmerston-Little Italy
- Main cross streets
- College and Euclid
- Directions
- Enter off of College
- MLS® number
- C13639076
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-13
- Listed on
- 2026-08-05
- Days on market
- 8 days
- Possession type
- Flexible
- Co-op commission
- 5% of gross lease
- Listed by
- CHESTNUT PARK REAL ESTATE LIMITED
Home Market Value
Current home valuation for Unit PH2, 540 College Street, Toronto, Palmerston-Little Italy, Toronto, ON. Listed for $10,000
HOMEH Estimate
$2,775,766
Estimated Sales Range
$1,665,460 - $3,886,072
HOMEH Estimate for Unit PH2, 540 College Street, Toronto, Palmerston-Little Italy
What this home would sell for today, not its rent
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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