472 Crawford Street, Toronto, ON

Palmerston-Little Italy, Toronto · MLS® C13756772

$788,000
For Sale
Listed 21 days agoNo offer date stated
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4+1Bedrooms
3Bathrooms
0Parking
1500-2000Sq ft

About this home

In short

  • Attention Renovators, Contractors, Builders and Developers.
  • Upper Floor: 3-Bed, 1-Bath, Main Floor: 1-Bed, 1-Bath.
  • Lower Floor: 1-Room, 1 Bath.

Attention Renovators, Contractors, Builders and Developers. Welcome to Little Italy. Easily Convert Into A Dream Single Family Home Or Renovate Into Three Units To Generate Incredible Income Or Live In One Unit And Rent Out The Others. Upper Floor: 3-Bed, 1-Bath, Main Floor: 1-Bed, 1-Bath. Lower Floor: 1-Room, 1 Bath. Virtual Tour And Floorplans Attached. Vacant Possession.

Key facts

Property type
Semi-Detached, 2 1/2 Storey
MLS®
C13756772
Bedrooms
4+1 (5 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
14.92 × 100 ft
Cross streets
College and Ossington
Parking
0 parking
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,063 / 2025
Days on market
21
Listing brokerage
VALERY REAL ESTATE INC.
Our TakeTeam Asgarian · Broker
A small discount is typical
$779Klikely sale price

Listed at $788,000. Going by how homes in Palmerston-Little Italy and the wider GTA have actually closed against their asking prices (about 99%, 14 local closings in 90 days), the likely sale price is near $779K, if it sells. A realistic range is $730K to $878K.

Independent value check: $975K. Without looking at the asking price, our model values the home itself about 24% above the ask (homes like it typically land between $914K and $1.02M).

Why $975K. The typical semi-detached home sold in Palmerston-Little Italy over the past year went for about $1.38M (44 sales). What sets this one apart:

  • ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $6,063 a year; the typical home sold here pays about $7,600.
  • ▼ Lowers it stronglyThe listing presents it as a home to renovate or rebuild.
  • ▼ Lowers it strongly0 garage and 0 total parking spaces, against 2 and 2 typically.
  • ▼ Lowers itIts lot is 15 by 100 ft; the typical lot sold here is 20 by 125.
List price
$730KBelow recent closings$878KAbove recent closings

Total price vs nearby homes. Likely closing about $779K, from 14 recent closings in this pocket.

The market behind the math:

14sold nearby · 90 days
$1.41Mmedian sold price
101%of asking, on average
−6%prices vs a year ago
~10 dayshomes like this take to sell
21days on market so far
$5,087/moest. rent · 5 leases
7.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 12 semi-detached homes for sale in the area against 14 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $450/sqft against an area asking average of $1,045/sqft.

  • Walk-out basement apartment features. A finished 1 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Palmerston-Little Italy: 28 of the 142 detached leases here lately were basement units, around $1,750 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 14 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.12M. Condition and finishes remain an in-person call.

Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Palmerston-Little Italy, so I widened the search to the surrounding area.

Based on 6 homes sold on this street over the past two years, from 89 closings in Palmerston-Little Italy.

What sellers nearby are askingCurrently listed nearby in Palmerston-Little Italy · asking prices
$1.54Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $975K, which is where my estimate comes from.

Per square foot, these ask about $802/sqft; this home lists at $450/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
788kThis home1.07M1.75M1.79MThis home vs active comparables

Neighbourhood & location

Palmerston-Little Italy, 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.

Nearby neighbourhoods

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

Dovercourt-Wallace Emerson-Junction
$1.26M
Roncesvalles
$899K
Corso Italia-Davenport
$1.01M
Oakwood Village
$1.07M
North Riverdale
$1.30M

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 King Edward Junior and Senior Public School
83%
King Edward Junior and Senior Public SchoolPublic · Elementary · 1.0 km awayHigher-rated than most nearby · 83% meet the provincial standard
Delta Alternative Senior SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Horizon Alternative Senior School · Public elementary0.2 km
Central Toronto Academy · Public secondary0.2 km · 69% at standard
Delta Senior Alternative School · Public elementary0.2 km
Montrose Junior Public School · Public elementary0.2 km · 95% at standard
Dewson Street Junior Public School · Public elementary0.3 km · 64% at standard
St Francis of Assisi Catholic School · Catholic elementary0.4 km · 80% at standard
Clinton Street Junior Public School · Public elementary0.5 km · 90% at standard
Ossington/Old Orchard Junior Public School · Public elementary0.5 km · 88% at standard
West End Alternative School · Public secondary0.6 km
Harbord Collegiate Institute · Public secondary0.7 km · 85% at standard
St Mary Catholic Academy · Catholic secondary0.9 km · 66% at standard
Loretto College School · Catholic secondary1.1 km · 62% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,591/mo
$157KIncome needed
5.0×Price ÷ income
$829Weekly cost
$24,470Land transfer tax, one-time (Ontario + Toronto)
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.

88%mortgage
Mortgage $3,591Property tax $505Total carry $4,097

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,486per month

Mortgage amount $630,400 · 4.49% over 25 years

$157,600Down payment (20.0%)
$630,400Loan before insurance
$0CMHC premium
$3,991Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,486
Property tax
$505
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,991

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

One-time closing costs

Ontario land transfer tax
$12,235
Toronto municipal land transfer tax
$12,235
Estimated closing costs
$24,470

Plus your down payment of $157,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,219/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

$415,277Total interest paid
$1,045,677Total of all payments
Principal $630,400 Interest $415,277
YearPrincipalInterestBalance
1$14,068$27,759$616,332
2$14,707$27,120$601,626
3$15,374$26,453$586,251
4$16,072$25,755$570,179
5$16,802$25,025$553,377
6$17,565$24,262$535,812
7$18,363$23,465$517,449
8$19,196$22,631$498,253
9$20,068$21,759$478,185
10$20,979$20,848$457,206
11$21,932$19,896$435,275
12$22,927$18,900$412,347
13$23,968$17,859$388,379
14$25,057$16,771$363,322
15$26,194$15,633$337,128
16$27,384$14,444$309,745
17$28,627$13,200$281,118
18$29,927$11,900$251,191
19$31,285$10,542$219,906
20$32,706$9,121$187,200
21$34,191$7,636$153,009
22$35,743$6,084$117,265
23$37,366$4,461$79,899
24$39,063$2,764$40,836
25$40,836$991$0

At the end of your 5-year term

Total paid over the term
$209,135
Principal paid down
$77,023
Interest paid
$132,112
Balance remaining
$553,377

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
From 5 whole-home leases in Palmerston-Little Italy$5,087/mo
$61,044Gross annual rent
5.9%Cap rate after taxes and upkeep
$4,477 to $5,697Typical rent range
~21 daysTo find a tenant, on average

The suite is real income here: basements rent in Palmerston-Little Italy (28 of 142 recent detached leases were basement units, around $1,750 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,750 a month on top of the upper floors. Permitted use is worth confirming with the city.

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

Talk about the numbers

The last 5 whole-home leases in Palmerston-Little Italy signed at a median of $4,937 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,087. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

7.7%
Gross yield
− Property tax $6,063− Insurance $1,400− Vacancy & upkeep $6,715Net operating income $46,866

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

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