Semi-Detached House for sale at 235 Grace Street, Toronto, Ontario, M6G 3A7 - Palmerston-Little Italy - MLS: C12429617

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235 Grace Street

Toronto, Ontario, M6G 3A7 - Palmerston-Little Italy

$1,449,000

Virtual Tour

Neighbourhood

Palmerston-Little Italy
Major Intersection

College & Grace

Listed Since: 2 day(s)
Last update: today

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Overview

Property Type

Semi-Detached, 2 1/2 Storey
Bedrooms

4 + 1
Bathrooms

2
Basement

Part Fin + Sep Entrance
Kitchen

2
Total Parking

2 Detached Garage
Lot Size

20.17x131 (Feet)
Taxes

$7,782.18 (2025)
Type

Freehold

Property Description

Property description for 235 Grace Street, Toronto

Attention Contractors, Renovators, Homeowners & Investors! A rare opportunity to own in one of Toronto's most coveted neighbourhoods, just steps from College Street, Little Italy, and Trinity Bellwoods Park. This semi-detached property sits on a deep 20 x 131 ft lot with coveted laneway access and a 2-car garage plus laneway house potential for those with vision. Currently configured as two self-contained units, the property will be delivered with vacant possession as of Nov 1st, 2024, offering maximum flexibility. Features include: Spacious backyard with full access and a separate basement entrance, a second-floor deck and prime lot dimensions for future expansion or redevelopment. Endless opportunities await, live in one unit and rent the other, renovate into a dream single-family home, or explore income and development potential. Sold as-is, where-is, this property offers tremendous upside in a AAA+ location, surrounded by Toronto's best dining, boutique shopping, parks, and easy transit.

Listed by EXP REALTY

Property details

MLS #

C12429617
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

None
Garage

Detached, 2 spaces
Total Parking

2
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Brick
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Radiant
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

C12429617
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

None
Garage

Detached, 2 spaces
Total Parking

2
Family Room

N
Den

N
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Brick
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Radiant
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.01 x 3.35 ft Main level

hardwood floor, Window, Closed Fireplace
Dining

3.89 x 3.56 ft Main level

hardwood floor, Closet, Bay Window
Kitchen

4.09 x 4.57 ft Main level

Ceramic Floor, Ceramic Back Splash, Window
Br

3.73 x 2.54 ft Main level

Parquet Floor, W/O To Yard, Window
Living

4.27 x 4.67 ft 2nd level

Large Window, Laminate
Kitchen

3.66 x 2.84 ft 2nd level

Combined W/Laundry, Laminate
Br

3.35 x 2.84 ft 2nd level

hardwood floor, Window, W/O To Deck
Br

3.66 x 4.67 ft 3rd level

Parquet Floor, Window
Br

3.05 x 3.05 ft 3rd level

Parquet Floor
Rec

6.93 x 4.45 ft Bsmt level

Laminate, W/O To Yard
Laundry

5.08 x 2.31 ft Bsmt level

Laundry Sink

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Local Real Estate Price Trends for Semi-Detached in Palmerston-Little Italy

Active listings

Average Selling Price of a Semi-Detached

August 2025

$1,946,375

Last 3 Months

$1,900,480

Last 12 Months

$1,808,842

August 2024

$1,055,000

Last 3 Months LY

$1,594,083

Last 12 Months LY

$1,721,555

Change

84%

Change

19%

Change

Historical Average Selling Price of a Semi-Detached in Palmerston-Little Italy

Average Selling Price

3 years ago

$2,200,000

Average Selling Price

5 years ago

$1,733,259

Average Selling Price

10 years ago

$1,254,980

Change

-12%

Change

12%

Change

55%

Number of Semi-Detached Sold

August 2025

Last 3 Months

Last 12 Months

August 2024

Last 3 Months LY

Last 12 Months LY

Change

300%

Change

100%

Change

33%

Average Selling price

Inventory Graph

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Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.