87 Palmerston Avenue, Toronto, ON
Trinity-Bellwoods, Toronto · MLS® C14081926
About this home
In short
- Rebuilt from the Studs in 2025.
- Fully gutted and rebuilt in 2025, all permits closed, pre-list home inspection available.
- Primary with built-in wardrobe and ensuite with glass shower and double vanity.
- Finished open-concept lower level with its own rear entrance, enlarged window and window well, full bath and laundry.
- Quiet tree-lined block steps to Trinity Bellwoods Park, Queen West, Dundas West and the Bathurst streetcar.
Rebuilt from the Studs in 2025. Semi on Palmerston with CN Tower Views, Garage, Walkout, 3+1 Beds and 4 Baths. Fully gutted and rebuilt in 2025, all permits closed, pre-list home inspection available. 3+1 bed, 4 bath semi with garage, separate rear entrance to the lower level and direct CN Tower views from the kitchen and rear bedroom. Everything is new: 200 amp electrical with knob and tube removed, plumbing, HVAC and ductwork, furnace, owned water heater, roof and roof structure, windows and doors, insulation, drywall, full asbestos abatement with clean air test. This is the house you buy when you don't want to renovate. Main floor opened up with a new support beam and 9.5 foot ceilings. Wide living and dining into a kitchen with quartz counters, large island, premium stainless appliances and a walkout to the yard. Main floor powder room and a separate side entrance. Three bedrooms up with new flooring and custom blinds. Primary with built-in wardrobe and ensuite with glass shower and double vanity. Second full bath up, linen closet in the hall, tempered reinforced glass railing. Finished open-concept lower level with its own rear entrance, enlarged window and window well, full bath and laundry. Rough-ins for a second kitchen and second laundry already in place. In-law suite, gym, rec room, or add the kitchen for income. Fully waterproofed with battery backup sump and backflow valve. Front and back fully landscaped: natural stone walkway and porch, new sod and lighting, new fencing, stone patio, garden beds, gas line for BBQ. Garage with new automatic door and dedicated electrical panel. Quiet tree-lined block steps to Trinity Bellwoods Park, Queen West, Dundas West and the Bathurst streetcar. Everything is new, extremely bright and beautiful, nothing to do but move in and enjoy!
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- C14081926
- Bedrooms
- 3
- Bathrooms
- 4 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 15.75 × 121.5 ft
- Cross streets
- Queen St W/Dundas St W/Bathurst St
- Parking
- 1.5 garage (detached)
- Driveway
- Lane
- Basement
- Finished, Separate Entrance, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Aluminum Siding
- Foundation
- Unknown
- Roof
- Flat, Shingles
- Sewer
- Sewer
- Property tax
- $7,121 / 2026
- Days on market
- 4
- Listing brokerage
- FOREST HILL REAL ESTATE INC.
Rooms
4 pc ensuite · ceiling fan(s) · hardwood floor
combined w/dining · hardwood floor · pot lights
w/o to yard · centre island · stainless steel appl
hardwood floor · ceiling fan(s)
hardwood floor · ceiling fan(s)
Hardwood Floor
combined w/living · hardwood floor · pot lights
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 readThe 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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market.
Per square foot, these ask about $945/sqft; this home lists at $1,184/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Trinity-Bellwoods, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,231,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,808
- Property tax
- $593
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,401
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,255
- Toronto municipal land transfer tax
- $27,255
- Estimated closing costs
- $54,510
Plus your down payment of $307,800. 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
- $408,451
- Principal paid down
- $150,430
- Interest paid
- $258,021
- Balance remaining
- $1,080,770
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.
Investor snapshot
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of FOREST HILL REAL ESTATE INC.. MLS®/PropTx.