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For saleMLS® C13225554

386 Palmerston Boulevard, Toronto, ON M6G 2N6

Palmerston-Little Italy, Toronto · Near Harbord St and Bathurst St · View map

$5,749,900
4+2Beds
7Baths
3500–5000Sq ft
2-storey detached homeType
8 totalParking
Finished, Separate Entrance, Walk-OutBasement
$22,175/yrTaxes
Call / Text Will
$5,749,900
Separate entranceRoom for an in-law or income suite
FreeholdNo monthly condo fee
Parking for 8Comes with the home
Walk-out basementIts own way outside
Lot 50 x 127 ftThe land comes with the home
FireplaceCozy winters

About this home

Palmerston Boulevard is one of the city's most storied streets. Gated at the entrance, lined with historic cast-iron lampposts, and canopied by mature trees that have watched this neighbourhood evolve for over a century. There is simply no other street like it in Toronto. Little Italy at your doorstep. Restaurants, cafés, culture, and the subway are all within reach - yet the moment you turn onto Palmerston, the city softens. Equally rare as the location is the expansive 50 by 127 foot lot with a private drive, lane access, and the potential to build a two-storey laneway home with an integrated two-car garage. Options like this don't surface often. Step through the pillared front porch into three self-contained units, each with its own distinct character. From traditional to contemporary. Keep it as the turnkey multi-unit property it already is - an intelligent hold in one of Toronto's most enduring neighbourhoods - or reimagine it entirely as a singular grand residence. For those with the vision to create their dream home, few canvases in this city are more compelling. Some addresses find you. This one was waiting for you all along.

The home

Type
2-storey detached home
Style
2 1/2 Storey
Square footage
3500-5000 sq ft
Bedrooms
4
Basement bedrooms
2
Bathrooms
7
Kitchens
3
Rooms
10
Basement
Finished, Separate Entrance, Walk-Out
Lot size
50 x 127 ft
Faces
West

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Exterior
Brick

Heating & cooling

Heating fuel
Gas
Heating type
Radiant
Fireplace
Yes

Garage & parking

Driveway spaces
8
Total parking
8
Parking features
Private

Taxes & other

Property taxes
$22,175/yr
Tax year
2025
Occupancy
Owner
Possession
Flexible
Cross street
Harbord St and Bathurst St
Neighbourhood
Palmerston-Little Italy

More

Price per sq ft
~$1,353 (at 4,250 sq ft)
MLS® number
C13225554

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$25,041per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
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    386 Palmerston Boulevard, Toronto, ON M6G 2N6

    Palmerston-Little Italy, Toronto · Near Harbord St and Bathurst St

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    Sold history

    Listing history for 386 Palmerston Boulevard

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 386 Palmerston Boulevard

    Answers come straight from this home’s MLS® listing.

    How much is 386 Palmerston Boulevard listed for, and what would it cost each month?

    386 Palmerston Boulevard is listed for $5,749,900. With 20% down ($1,149,980), the mortgage payment would be roughly $23,194 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $25,041 a month, all in. That figure is an illustration, not a quote.

    Is 386 Palmerston Boulevard freehold or a condo, and is there a monthly fee?

    386 Palmerston Boulevard is a 2-storey detached home in Palmerston-Little Italy, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    How many bedrooms and bathrooms does 386 Palmerston Boulevard have?

    386 Palmerston Boulevard has 4 bedrooms, plus 2 more bedrooms in the basement, and 7 bathrooms. The listing gives the style as 2 1/2 storey.

    Does 386 Palmerston Boulevard have a garage and parking?

    The listing does not show a garage. The driveway adds 8 spaces. In total the listing counts 8 parking spaces.

    Does 386 Palmerston Boulevard have a finished basement?

    The listing describes the basement as finished, separate entrance, walk-out. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.

    What style of home is 386 Palmerston Boulevard?

    386 Palmerston Boulevard is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.

    How big is 386 Palmerston Boulevard, and what is the lot size?

    The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 50 x 127 ft.

    How is 386 Palmerston Boulevard heated and cooled?

    Heating is radiant (gas). The listing does not show air conditioning.

    What are the property taxes for 386 Palmerston Boulevard?

    Property taxes are $22,175 a year (2025), or about $1,848 a month.

    Where is 386 Palmerston Boulevard?

    386 Palmerston Boulevard is in the Palmerston-Little Italy community of Toronto. The nearest main intersection is Harbord St and Bathurst St. The postal code is M6G 2N6.

    Is 386 Palmerston Boulevard still for sale?

    Yes. It is an active listing (MLS® C13225554). Listings here update from the board through the day and come down once a home sells.

    What are similar detached homes near 386 Palmerston Boulevard asking?

    Similar detached homes for sale nearby right now include 50 Sheldrake Boulevard at $5,488,888 (4+1 bed), 6 Vernham Avenue at $4,950,000 (4+1 bed) and 8 Country Club Drive at $5,750,000 (5+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 386 Palmerston Boulevard sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 386 Palmerston Boulevard?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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