Rare Two-Storey Penthouse at 308 Palmerston Ave! Fantastic location in the heart of Little Italy, just North of Trinity Bellwoods and Queen West. This bright and spacious 2-bedroom + Den, 2-bathroom penthouse features an inviting open layout, floor to ceiling windows, and an impressive 150 sq.ft. private terrace with beautiful views. The main level offers an expansive living and dining area with plenty of natural light, creating an inviting space for both everyday living and entertaining. Upstairs, you'll find two bedrooms, a versatile den, and two full bathrooms, offering excellent separation and privacy. Step outside to your private terrace and enjoy the views and outdoor living space that make this penthouse truly special. Includes 1 underground parking space and 1 storage locker. Ideally located in the heart of Toronto, close to several Parks, University of Toronto, hospitals, transit, restaurants, cafés, shopping, and everything this amazing neighbourhood has to offer. A rare opportunity to own a distinctive two-storey penthouse with exceptional indoor and outdoor space in one of downtown Toronto's most convenient locations.
Property Type:
Residential Condo & Other
Property Sub Type:
Common Element Condo
Home Style:
2-Storey
Approx. Age:
16-30
Total Approx Floor Area:
1000-1199
Exposure:
North
Bedrooms:
2+1
Bathrooms:
2.0
Kitchens:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
5
Rooms Below Grade:
1
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
PH
Balcony:
Terrace
Basement:
None
Fireplace/Stove:
No
Garage:
Underground
Garage Spaces:
1.0
Parking Features:
None
Parking Type:
Owned
Parking Spaces:
0
Total Parking Spaces:
1.0
Locker Level:
P1
Locker:
Owned
Family Room:
No
HST Applicable To Sale Price:
Included In
Maintenance Fee:
$1,363.67
Maintenance fees include:
Water Included, Common Elements Included, Building Insurance Included, Parking Included
Taxes:
$4,972.17 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Palmerston-Little Italy
Hospital, Library, Park, Public Transit, Terraced
None
Concierge/Security, Security Guard
Yes-with Restrictions
None
S/S Appliances, Stacked Washer/Dryer.
Brick, Concrete
Bike Storage, Concierge, Exercise Room, Party Room/Meeting Room
Data was last updated September 18, 2026 at 08:15 PM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$699,000
Min list price:
$449,888
Max list price:
$1,189,000
Avg days on market:
50
Min days on market:
8
Max days on market:
251
These statistics are generated based on the current listing's property type
and located in
Toronto C01. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.