53 Palmerston Avenue, Toronto, ON
Trinity-Bellwoods, Toronto · MLS® C13561362
About this home
Offered with thoughtfully curated furnishings that complement the home's architecture and design, this extraordinary architectural residence is located on Palmerston Avenue, one of Trinity Bellwoods' most sought-after streets. With history dating back to the 1860s, the home has gone through an extensive transformation, including a remarkable custom addition elevating it into a true design landmark. Featured in the Toronto Star in an article titled "Is this the coolest living room in Toronto?" the answer is, yes. The main living space showcases striking 20-foot ceilings anchored by a sprawling sunken lounge, designed with a clean aesthetic that blends warmth with modern design. With east and west exposure, the combination of floor-to-ceiling glass and two large skylights allows natural light to pour through the entire home. The property features meticulous millwork in natural oak, micro-cement walls, heated concrete floors, and recessed lighting that together create a sense of calm sophistication. A beautifully designed mezzanine level, part of the custom addition overlooks the main living space and features a serene library with arched custom shelving, creating an inspiring, light-filled vantage point with views of the city skyline. This thoughtfully planned 3-bedroom residence includes an entire third level dedicated to the primary retreat, featuring a spa-like ensuite that extends to an expansive private rooftop terrace, partially covered and perfectly positioned for Toronto skyline and CN Tower views. An oversized double-sided 1.5 car garage provides exceptional functionality, accommodating two smaller vehicles or offering ample additional space. The lower level includes a washroom and a dedicated area ideal for storage. Celebrating craftsmanship and innovation at every turn, every element has been curated with exceptional intention, resulting in a home that is both artful and livable, an inspired piece of architecture rarely found in the city.
Key facts
- Property type
- Detached, 3-Storey
- MLS®
- C13561362
- Bedrooms
- 3
- Bathrooms
- 4 (2 half)
- Size
- 2500-3000
- Lot
- 18.17 × 135 ft
- Cross streets
- QUEEN ST W & BATHURST
- Parking
- 15 garage · 2 parking (detached)
- Basement
- Partial Basement
- Heating
- Radiant
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Flat
- Sewer
- Sewer
- Days on market
- 3
- Listing brokerage
- PSR
Rooms
5 pc ensuite · closet organizers · w/o to terrace
hardwood floor · closet
hardwood floor · closet · bay window
2 Pc Bath
modern kitchen · b/i appliances · central vacuum
hardwood floor · overlooks living · open concept
hardwood floor · overlooks living · overlooks backyard
hardwood floor · open concept
hardwood floor · open concept
open concept · heated floor · recessed lighting
Listing history
- Apr 13, 2026Listed$3,895,000
Price and status history from the listing board. Deemed reliable but not guaranteed.
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Charles G Fraser Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Bathurst St at Robinson 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.
- Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homes2 days longer than the Toronto average (1 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Trinity-Bellwoods, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
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: Bathurst St at Robinson St, about 183 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $12,800 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $68
- Property tax
- $10
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $78
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $80
- Toronto municipal land transfer tax
- $80
- Estimated closing costs
- $160
Plus your down payment of $3,200. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $4,098
- Principal paid down
- $1,630
- Interest paid
- $2,468
- Balance remaining
- $11,170
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.
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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PSR. MLS®/PropTx.