179 Palmerston Avenue, Toronto, ON

Trinity-Bellwoods, Toronto · MLS® C13155380

$2,850,000
For Sale
Listed 57 days ago
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5Bedrooms
5Bathrooms
2Garage
1500-2000Sq Ft

About this home

Immerse Yourself In The Splendor Of This Remarkable Three-Storey Family Home Crafted By Elviano Design-Build & Sensus Design Studio In The Heart Of Trinity-Bellwoods, Toronto's Beloved Neighbourhood. This Home Boasts Unparalleled Updates And Exquisite Finishes Across Every Level. The Main Floor Unveils An Optimal Open-Concept Living Experience With Expansive Living And Dining Areas, Soaring Ceilings, Custom Built-Ins That Beautifully Capture The Builder's Vision, A Stunning Gas Fireplace With Porcelain Slab Finish, And A Walk-Out To The Private Front Porch. The Captivating Eat-In Kitchen Offers A Seamless Walk-Out To The Landscaped Yard And Patio, Creating The Perfect Setting For Entertaining And Everyday Living. The Third Level Serves As A Private Sanctuary Featuring A Luxurious Ensuite Bathroom, Spacious Walk-In Closet, And Secluded Rooftop Balcony, While The Second Floor Showcases Three Generously Sized Bedrooms, Each Complete With Its Own Ensuite Bathroom. The Lower Level Impresses With A Spacious Recreation Room With Wet Bar, Dedicated Exercise Area, Nanny Suite, Laundry Facilities, And A Separate Entrance. Just Minutes From Trinity Bellwoods Park, Little Italy, The City's Finest Culinary Scene, Vibrant Nightlife, Schools, Hospitals, And More, This Exceptional Residence Is An Unmissable Gem In One Of Toronto's Most Coveted Communities.

Key facts

Property type
Detached, 3-Storey
MLS®
C13155380
Bedrooms
5 (4 + 1)
Bathrooms
5 (1 half)
Size
1500-2000
Lot
19.17 × 120 ft
Cross streets
Dundas and Bathurst
Parking
2 garage (detached)
Driveway
Lane
Basement
Finished, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Stucco (Plaster)
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$12,058 / 2025
Days on market
57
Listing brokerage
HARVEY KALLES REAL ESTATE LTD.

Rooms

KitchenMain3.27 × 5.08 m

breakfast area · hardwood floor · picture window

Bedroom 3Second2.37 × 2.94 m

semi ensuite · hardwood floor · pot lights

Exercise RoomLower3.74 × 2.35 m

pot lights · porcelain floor · above grade window

Bedroom 4Second4.83 × 3.98 m

w/o to balcony · semi ensuite · double closet

Dining RoomMain4.82 × 4.03 m

gas fireplace · pot lights · built-in speakers

RecreationLower4.41 × 8.59 m

pot lights · wet bar · walk-out

Primary BedroomThird3.55 × 3.54 m

6 pc ensuite · walk-in closet(s) · w/o to balcony

Living RoomMain4.83 × 5.05 m

walk-out · hardwood floor · built-in speakers

Bedroom 2Second3.28 × 4.29 m

3 pc ensuite · hardwood floor · b/i closet

BedroomLower3.24 × 2.99 m

porcelain floor · walk-in closet(s) · wall sconce lighting

Listing history

  1. Jun 22, 2026Listed$11,500

Price and status history from the listing board. Deemed reliable but not guaranteed.

Moe’s TakeTeam Asgarian · Broker
Worth a personal read

This home is a bit unique, so there are not enough closely comparable homes nearby for me to trust an automatic number, and I would rather give you a real one than a wrong one. Tell me you are interested and I will pull the most comparable recent sales and send you a straight answer on price, usually the same day.

Its public catchment (King Edward Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

On location, this is a very walkable address with everyday errands close by. Dundas St West at Bathurst St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Open-concept layout: modern, sought-after flow.
  • Income potential
  • Worth verifying
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$2.12Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

20 Duart Park Road$2.80M443 Northcliffe Boulevard$2.29M4 Lunness Road$1.50M21 Albertus Avenue$2.72M88 Rabbit Lane$1.30M

The 5 closest of 8 active listings nearby.

See all comparable homes
2.85MThis home2.80M2.29M1.50M2.72M1.30MThis home vs active comparables
Live market pulseActive comparables in Trinity-Bellwoods · median list $3.50M
$1,629this home / sqft
6active listings nearby
57days on market

This home lists 33% above the area average of $1,229/sqft.

56 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Trinity-Bellwoods, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

84/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Dundas St West at Bathurst St, about 193 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

High Park-Swansea
$4.99M
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M
Alderwood
$998K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Charles G Fraser Junior Public School
74%
Charles G Fraser Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 74% meet the provincial standard

Affordability & Mortgage

Affordability
$12,989/mo
$529KIncome needed
5.4×Price ÷ income
$2,998Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

93%mortgage
Mortgage $12,989Property tax $1,005Total carry $13,994

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$12,167per month

Mortgage amount $2,280,000 · 4.14% over 25 years

$570,000Down payment (20.0%)
$2,280,000Loan before insurance
$0CMHC premium
$13,172Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12,167
Property tax
$1,005
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13,172

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$57,725
Toronto municipal land transfer tax
$57,725
Estimated closing costs
$115,450

Plus your down payment of $570,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14,778/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,370,078Total interest paid
$3,650,078Total of all payments
Principal $2,280,000 Interest $1,370,078
YearPrincipalInterestBalance
1$53,413$92,591$2,226,587
2$55,647$90,356$2,170,941
3$57,974$88,029$2,112,966
4$60,399$85,604$2,052,567
5$62,926$83,077$1,989,641
6$65,558$80,445$1,924,084
7$68,300$77,703$1,855,784
8$71,157$74,846$1,784,627
9$74,133$71,870$1,710,494
10$77,234$68,769$1,633,259
11$80,465$65,538$1,552,795
12$83,830$62,173$1,468,964
13$87,337$58,666$1,381,627
14$90,990$55,013$1,290,637
15$94,796$51,207$1,195,841
16$98,761$47,242$1,097,080
17$102,892$43,111$994,188
18$107,196$38,807$886,992
19$111,680$34,323$775,312
20$116,351$29,652$658,960
21$121,218$24,785$537,742
22$126,289$19,715$411,453
23$131,571$14,432$279,882
24$137,074$8,929$142,808
25$142,808$3,195$0

At the end of your 5-year term

Total paid over the term
$730,016
Principal paid down
$290,359
Interest paid
$439,657
Balance remaining
$1,989,641

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$3,150/mo
$37,800Gross annual rent
0.7%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

1.3%
Gross yield
− Property tax $12,058− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $20,184

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. MLS®/PropTx.

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