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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Trinity-Bellwoods. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $989,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Tucked away yet in the heart of it all, this fully detached home knows how to stand apart, while keeping you plugged into the city's most exciting swirl of food, culture, and cool. The best restaurants, markets and parks all just a wander away. Inside, the living and dining rooms are made for gathering, leading to a kitchen and lounge area that open to your own backyard sanctuary, perfect for crisp autumn afternoons with lattes, books, or friends as the city hums around you. For your added convenience, the main floor also features a three piece bathroom. Upstairs brings two bedrooms plus a quirky bonus room off the primary bath: ultimate walk-in closet, Peloton cave, or your new creative HQ. The lower level? A private, self-contained suite: income helper, nanny quarters, or the coolest guest pad your friends will ever crash in. And the cherry on top: two-car parking off the laneway. Not needed in this walkable neighbourhood, but a huge plus when friends or family visit. Urban living, with a little wink.
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Public Transit, Rec./Commun.Centre, Fenced Yard
Built-In Oven, In-Law Suite, Water Heater
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 216 Palmerston Avenue, Toronto C01, ON M6J 2J4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $989,000 in Toronto, the legal minimum down payment is $73,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $16,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,255 also applies, bringing the total estimated land transfer taxes to $32,510.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.