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276 Grace Street, Palmerston-Little Italy M6G 3A6

Price

$1,399,000

Bedrooms

5 Beds

Bathrooms

3 Baths

Size

1500-2000 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$8611.68

Explore A Virtual Tour

Description

Rarely offered semi-detached home in the coveted heart of Little Italy, steps to College Street, Trinity Bellwoods Park, top restaurants, cafes, and transit. Sitting on a premium 20 x 120 ft lot with coveted laneway access and a solid double-car garage (laneway suite-ready foundation), this property is a true multi-generational and income-generating opportunity. Close to 3,000 sq ft of total living space thoughtfully configured with multiple self-contained living areas, ideal for owner-occupiers looking to offset carrying costs, or savvy investors seeking immediate cash flow. Features include a spacious eat-in kitchen, generous bedrooms, a private balcony, and a backyard that backs directly onto a park, a rare and highly desirable setting. Separate basement entrance adds flexibility and further income potential. Whether you live in the top unit and rent the rest, or maximize all units as a full investment property, the numbers work. Laneway suite potential adds significant future upside. Carpet free. 2 car parking. Opportunity like this in an AAA+ Little Italy location doesn't last.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$6,244 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,119,200

Total Interest Payments

$690,055

Total Payment (Principal + Interest)

$1,809,255

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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