PROPERTY DESCRIPTION
Main House + Legal Basement Apartment + Laneway Home = Prime Location, Income Potential & Space for All
Welcome to 717½ Palmerston Ave, a home with endless possibilities. Rarely offered, this newly-updated property offers three income-generating spaces in one of Toronto’s most desirable neighbourhoods: Seaton Village.
Whether you’re a growing family, an investor, or someone looking for multi-generational living, this property has it all… a 3-bedroom main house, a legal basement apartment AND a luxurious two-storey Laneway House!
The Main House, with its well-designed, efficient layout and legal basement apartment, provides flexibility for families and the opportunity to generate mortgage-helping income. You’ll also find a luxurious two-storey laneway home that blends modern luxury with thoughtful design. Ideal for extended family, guests, or even as an office or creative space, this separate dwelling elevates the overall living experience, offering privacy and style.
With a coveted prime location, abundant space, and an opportunity for rental income, this property truly offers room for everyone.
Main Home: 3 bed/3 bath with legal basement apartment
Nestled on a peaceful, tree-lined street just steps from Vermont Square Park and Palmerston School, this fully updated 3 bedroom/3 bathroom semi-detached home boasts modern finishes, hardwood floors, and a chef’s kitchen. The primary bedroom features an ensuite, while the second and third bedrooms, plus a third-floor loft, all offer ample space for a growing family. Thoughtfully designed for efficiency and practicality, this home ensures a seamless move-in experience.
Legal Basement Apartment
Vacant, fully self-contained and legal 1-bedroom rental suite, ideal for generating rental income or housing extended family. Complete with its own separate entrance, a full kitchen, and a cozy living area, it can be used as a mortgage helper, nanny suite, or even a private home office. It’s the perfect combination of comfort and privacy for both you and your tenant(s).
Laneway House
This two-storey, 700 sq.ft. laneway house impresses on every level. A jaw-droppingly beautiful, flawlessly-designed one bed/two bath luxury retreat with radiant in-floor heating throughout, a chef’s kitchen with large centre island, high-end stainless steel appliances, caesar stone countertops and porcelain backsplash.
The upstairs bedroom follows the same sophisticated design and has the added luxuries of large double closets for optimal storage and an ensuite bath with marble floors and double vanities. For your convenience there is a stackable washer & dryer in the second floor laundry room.
Location, Location, Location
Seaton Village is a vibrant community known for its tree-lined streets, friendly neighbours, and unbeatable proximity to everything you need. You’ll be steps away from top-notch schools, trendy shops, cafes, and restaurants on Bloor Street, and a short walk to Vermont Square Park or Christie Pits Park, ideal for skating in the winter or swimming in the summer. Transit, gourmet grocers and major attractions like the Royal Ontario Museum and U of T are also within easy reach, making this the ultimate location for convenience and lifestyle.
Highlighted Features:
- Fully updated 3-bedroom, 3-bathroom main house with modern finishes
- Legal 1-bedroom basement rental apartment (separate entrance)
- Gorgeous two-storey luxury Laneway House
- Move-in-Ready & perfect for families, multi-generational living or investors
- High-demand location in Seaton Village near schools, shops, restaurants, parks, U of T and transit.
Don’t miss out on this rare opportunity to own a property that checks all the boxes: prime location, income potential, and room for everyone!
Whether you’re looking to move in and offset costs or seeking a solid investment, 717 ½ Palmerston Ave is the perfect choice.
Please call 647-898-4663 to schedule your showing today!
Offers graciously considered via email at 1 pm on February 24th.
