The Palmerston and Little Italy is home to a multicultural mix of Italian, Portuguese, and Vietnamese residents. The charming, rarely available home, its proximity to some of Toronto’s most highly rated restaurants, and a selection of great schools attract a variety of buyers and remains among the most popular Toronto neighbourhoods.
Looking for Little Italy and Palmerston homes for sale? These are just some of the Little Italy and Palmerston homes that are available for sale. To see all of the listings available, please click ‘Signup’ or ‘Login’ below.
555 Markham Street
Palmerston-Little Italy
Toronto
M6G 2L6
$2,598,000
Residential Freehold
beds: 5+2
baths: 3.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- C12099209
- Bedrooms:
- 5+2
- Bathrooms:
- 3
- Photos (26)
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Even more to love this Edwardian gem just got even more irresistible. This grand red brick Edwardian showpiece blends timeless architecture with contemporary comforts all tucked away on a quiet, ultra-low traffic street in the heart of Palmerston-Little Italy. Enjoy the peaceful vibe of this charming enclave, just moments from the lively energy of Bloor Street, Harbord Village, U of T, and the subway. Inside, find a 5+2 bedroom/3 bathroom home - expansive principal rooms are filled with natural light streaming through oversized windows. The open-concept living room, anchored by a wood-burning fireplace, flows into an elegant dining room with coved ceilings, a large bay window, and a vintage pocket door perfect for entertaining in style. At the core of the home, a thoughtfully updated kitchen features wide-plank engineered hardwood, a walk-in pantry, and a statement oversized island. The adjoining sunken family room adds a relaxed, welcoming space for everyday living. Upstairs, five well-proportioned bedrooms offer incredible versatility create a luxurious primary retreat on the second floor, the third, or both. Updated 5-piece bath and convenient second-floor laundry round out the upper levels. The finished basement boasts rarely found ceiling height, multiple above-grade windows, a 3-piece bath, and unlimited potential: a home gym, rec room, in-law suite, or creative studio. Step outside to a fenced backyard and a double car garage off a wide laneway. Even more exciting a laneway feasibility report provides details for the creation of a ~1,100 sq. ft. laneway home. With recent upgrades like a Viessmann high-efficiency furnace and three ductless A/C units, this home is a perfect blend of character and comfort in one of Toronto's most sought-after neighbourhoods. A true gem in a tight-knit community offering space, flexibility, and timeless appeal.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Semi-Detached
- Home Style:
- 3-Storey
- Total Approx Floor Area:
- 2500-3000
- Depth:
- 125'38.1 m
- Frontage:
- 22'6.71 m
- Lot Shape:
- Rectangular
- Direction Faces:
- East
- Bedrooms:
- 5+2
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 1
- Bedrooms Above Grade:
- 5
- Bedrooms Below Grade:
- 2
- Kitchens Above Grade:
- 1
- Rooms Above Grade:
- 10
- Rooms Below Grade:
- 4
- Ensuite Laundry:
- No
- Heating type:
- Water
- Heating Fuel:
- Gas
- Fireplaces:
- 1
- Foundation:
- Unknown
- Roof:
- Unknown
- Basement:
- Finished
- Fireplace Features:
- Wood
- Fireplace/Stove:
- Yes
- Garage:
- Detached
- Garage Spaces:
- 2.0
- Parking Features:
- Lane
- Parking Spaces:
- 0
- Total Parking Spaces:
- 2.0
- Family Room:
- Yes
- Possession Details:
- July
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $10,121.34 / 2024
- Assessment:
- $- / -
- Toronto C01
- Palmerston-Little Italy
- Toronto
- Fenced Yard, Public Transit, School, Place Of Worship
- Carpet Free, Countertop Range
- Porch, Deck
- Fridge, stove, B/I DW, exhaust hood, 3 Ductless AC units; B/I stackable washer/dryer (2nd floor), 1 washer, 1 dryer (basement), Electric garage Door, optional furniture/kitchenware.
- Brick
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 17'1⅛"5.21 m × 13'5"4.09 m
- Hardwood Floor, Fireplace, Bay Window
- Main
- Dining Room
- 16'4.88 m × 12'8"3.86 m
- Hardwood Floor, Bay Window, Pocket Doors
- Main
- Kitchen
- 17'8"5.38 m × 12'3.66 m
- Centre Island, W/O To Yard, Renovated
- Main
- Office
- 11'3.35 m × 7'4"2.24 m
- Hardwood Floor, Skylight, Overlooks Backyard
- Second
- Primary Bedroom
- 17'7"5.36 m × 13'7"4.14 m
- Hardwood Floor, Closed Fireplace, Closet
- Second
- Bedroom 2
- 14'1"4.29 m × 12'⅞"3.68 m
- Hardwood Floor, Closet, South View
- Second
- Bedroom 3
- 14'9"4.50 m × 9'10"3.00 m
- Hardwood Floor, Double Closet, East View
- Second
- Laundry
- 6'1.83 m × 5'1.52 m
- B/I Shelves
- Third
- Bedroom 4
- 17'7"5.36 m × 13'7"4.14 m
- Wood, Large Closet, West View
- Third
- Bedroom 5
- 17'7"5.36 m × 15'4.57 m
- Wood, W/O To Sundeck, Large Closet
- Lower
- Recreation
- 18'4"5.59 m × 13'2"4.01 m
- Above Grade Window, Laminate, 3 Pc Bath
- Lower
- Bedroom
- 16'8"5.08 m × 15'2"4.62 m
- Above Grade Window, Laminate
- Lower
- Bedroom
- 13'3.96 m × 10'3.05 m
- Above Grade Window, Laminate
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Wall Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Level:
- Upper Level
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Larger map options:
Listed by FREEMAN REAL ESTATE LTD.
Data was last updated April 25, 2025 at 11:15 PM (UTC)
Area Statistics
- Listings on market:
- 17
- Avg list price:
- $2,495,000
- Min list price:
- $1,298,000
- Max list price:
- $4,195,000
- Avg days on market:
- 24
- Min days on market:
- 0
- Max days on market:
- 64
These statistics are generated based on the current listing's property type
and located in
Palmerston-Little Italy. Average values are
derived using median calculations.
- ALEX BEAUREGARD
- 988 BATHURST ST., TORONTO, ON M5R 3G6
- 1 (647) 898-4663
- Alex@AlexBeauregard.com
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