196 Palmerston Avenue
Palmerston-Little Italy, Toronto
$1,399,900
Welcome to 196 Palmerston Ave. This spacious 2-storey, 1900 Victorian home offers endless possibilities with 4 bright bedrooms, high ceilings, charming parquet flooring, and classic architectural details throughout. Uniquely laid out with 3 kitchens-ideal for multi-generational living, rental income potential, or customization. Highlights include a rare detached double-car garage! Unbeatable location steps from Queen West, College St, Trinity Bellwoods Park, transit, and world-class dining. Move right in, invest, or renovate to build your dream home!
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| Type | Att/Row/Townhouse |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $8,157 |
| Lot Size | 17.5 ft x 123.69 ft |
| mls© Number | C13597102 |
| Listed By | ROYAL LEPAGE SUPREME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,165
- Property tax
- $680
- Heat allowance
- $150
- Housing costs
- $7,995 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$246,000
gross annual household income
- Payment at 4%
- $5,891 / mo
- Cash down
- $279,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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