601-308 Palmerston Avenue, Toronto, ON

Trinity-Bellwoods, Toronto · MLS® C13846472

$449,900
For Sale
Listed 19 days agoNo offer date stated
Request a showing
◎ Directions
1Bedrooms
1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • Welcome to Europa Condominium Located at Palmerston Ave and College St.
  • This One Bedroom Condo Offers Juliette Balcony, Sunny Living and Dining Rooms, Hardwood Floor Through Out, Granite Counter Top With Breakfast Bar, Stainless...

Welcome to Europa Condominium Located at Palmerston Ave and College St. In Little Italy. This One Bedroom Condo Offers Juliette Balcony, Sunny Living and Dining Rooms, Hardwood Floor Through Out, Granite Counter Top With Breakfast Bar, Stainless Appliances, 4 Pc Washroom, Spacious Exclusive Locker. The Building Amenities Include: Security Guard, Gym, Party Room. It Is Ready To Move In Condition, Freshly Painted and updated. Quick Access to Trinity Bellwoods, Alexandra Park, Toronto Weston Hospital & The University of Toronto, Queen West, Dundas West & Little Portugal, Many Trendy Restaurants, Shops. TTC At Your Doorsteps!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13846472
Bedrooms
1
Bathrooms
1
Size
0-499 sq ft
Cross streets
Palmerston Ave/College St
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$552/mo
Exposure
South
Property tax
$2,072 / 2026
Days on market
19
Listing brokerage
REAL ESTATE HOMEWARD

Rooms

Living RoomFlat4.12 × 3.05 m

hardwood floor · combined w/dining · juliette balcony

BedroomFlat3.26 × 2.70 m

hardwood floor · closet · picture window

Dining RoomFlat4.12 × 3.05 m

hardwood floor · combined w/living · open concept

KitchenFlat3.05 × 2.75 m

tile floor · stainless steel appl · granite counters

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Trinity-Bellwoods · asking prices
$470kavg asking

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

Per square foot, these ask about $1,882/sqft; this home lists at $1,803/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
450kThis home430k479k500kThis home vs active comparables

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.

Nearby neighbourhoods

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

Kensington-Chinatown
$585K
Niagara
$724K
Waterfront Communities C1
$610K
Dovercourt-Wallace Emerson-Junction
$640K
Church-Yonge Corridor
$529K

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 · 0.8 km awayAround the GTA average · 74% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Clinton Street Junior Public School · Public elementary0.4 km · 90% at standard
Kensington Community School School Junior · Public elementary0.4 km · 97% at standard
Harbord Collegiate Institute · Public secondary0.7 km · 85% at standard
Delta Senior Alternative School · Public elementary0.7 km
Montrose Junior Public School · Public elementary0.7 km · 95% at standard
da Vinci School · Public elementary0.8 km · 67% at standard
Lord Lansdowne Junior Public School · Public elementary0.8 km · 85% at standard
Ryerson Community School Junior Senior · Public elementary0.8 km · 52% at standard
Central Technical School · Public secondary0.8 km · 54% at standard
Horizon Alternative Senior School · Public elementary1.0 km
Central Toronto Academy · Public secondary1.0 km · 69% at standard
Pope Francis Catholic School · Catholic elementary1.0 km · 67% at standard

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

Affordability & Mortgage

Affordability
$2,050/mo
$97KIncome needed
4.6×Price ÷ income
$473Weekly cost
$10,946Land 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.

74%mortgage
Mortgage $2,050Property tax $173Condo fee $552Total carry $2,775

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 October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$1,990per month

Mortgage amount $359,920 · 4.49% over 25 years

$89,980Down payment (20.0%)
$359,920Loan before insurance
$0CMHC premium
$2,715Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,990
Property tax
$173
Condo / maintenance fees
$552
Heating
$0
Estimated monthly cost
$2,715

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

One-time closing costs

Ontario land transfer tax
$5,473
Toronto municipal land transfer tax
$5,473
Estimated closing costs
$10,946

Plus your down payment of $89,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,409/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

$237,098Total interest paid
$597,018Total of all payments
Principal $359,920 Interest $237,098
YearPrincipalInterestBalance
1$8,032$15,849$351,888
2$8,397$15,484$343,492
3$8,778$15,103$334,714
4$9,176$14,704$325,537
5$9,593$14,288$315,944
6$10,029$13,852$305,916
7$10,484$13,397$295,432
8$10,960$12,921$284,472
9$11,458$12,423$273,015
10$11,978$11,903$261,037
11$12,522$11,359$248,515
12$13,090$10,791$235,425
13$13,684$10,196$221,741
14$14,306$9,575$207,435
15$14,955$8,925$192,480
16$15,634$8,246$176,845
17$16,344$7,537$160,501
18$17,086$6,794$143,415
19$17,862$6,019$125,553
20$18,673$5,208$106,880
21$19,521$4,360$87,359
22$20,407$3,473$66,951
23$21,334$2,547$45,618
24$22,302$1,578$23,315
25$23,315$566$0

At the end of your 5-year term

Total paid over the term
$119,404
Principal paid down
$43,976
Interest paid
$75,428
Balance remaining
$315,944

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$2,300/mo
$27,600Gross annual rent
3.4%Cap rate after taxes and upkeep

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.

6.1%
Gross yield
− Property tax $2,072− Condo fees $6,624− Insurance $600− Vacancy & upkeep $3,036Net operating income $15,268

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

CallRequest a showing