Palmerston Boulevard is one of the city's most storied streets. Gated at the entrance, lined with historic cast-iron lampposts, and canopied by mature trees that have watched this neighbourhood evolve for over a century. There is simply no other street like it in Toronto. Little Italy at your doorstep. Restaurants, cafés, culture, and the subway are all within reach - yet the moment you turn onto Palmerston, the city softens. Equally rare as the location is the expansive 50 by 127 foot lot with a private drive, lane access, and the potential to build a two-storey laneway home with an integrated two-car garage. Options like this don't surface often. Step through the pillared front porch into three self-contained units, each with its own distinct character. From traditional to contemporary. Keep it as the turnkey multi-unit property it already is - an intelligent hold in one of Toronto's most enduring neighbourhoods - or reimagine it entirely as a singular grand residence. For those with the vision to create their dream home, few canvases in this city are more compelling. Some addresses find you. This one was waiting for you all along.
4 bedrooms, 5 bathrooms, about 3,500 sq ft, works out to roughly $1,643 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 386 Palmerston Blvd
Every detail from the listing, in one place.
Type
Detached
Style
2 1/2 Storey
Living space
3500-5000 sq ftas stated on the listing
Parking
8 spaces
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Parking spaces
8
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2 1/2 Storey
Property class
Detached
386 Palmerston Blvd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13225554$5,749,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 386 Palmerston Blvd Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$28,248
/mo
based on the purchase price of $5,749,900
$1,149,980 cash
$4,599,920 financed
$3,874,340 total interest
Principal54%$4,599,920
Interest46%$3,874,340
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 4–5 bed homes for sale in Toronto around $5.7M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5042.3%On average, homes sold at or above asking.
Active listings12,308Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 6 – Aug 4, 2026: prices up.
Based on 9,406 sales from Aug 4 – Nov 2, 2026 (7,002 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
386 Palmerston Blvd is listed at $5,749,900 (MLS® C13225554). Summitly updates the price as soon as the MLS® record changes.
Is $5,749,900 a good price for 386 Palmerston Blvd?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 386 Palmerston Blvd changed?
No — 386 Palmerston Blvd is still listed at its original asking price of $5,749,900.
How many bedrooms and bathrooms does 386 Palmerston Blvd have?
386 Palmerston Blvd has 4 bedrooms and 5 bathrooms, with about 3,500–5,000 square feet of living space. It is a detached home in Toronto.
Is 386 Palmerston Blvd close to transit?
The nearest rapid-transit station is Bathurst Station (Line 2), about 800 m (about a 10-minute walk) in a straight line. Christie Station is about 810 m (about a 10-minute walk), and Spadina Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 386 Palmerston Blvd?
About $28,248 a month — principal and interest on $5,749,900 with 20% down ($1,149,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 386 Palmerston Blvd compare with other homes in Toronto?
Its asking price of $5,749,900 is about 580% above the median sold price in Toronto over the last 90 days, $845,000, across 9,406 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 386 Palmerston Blvd been sold before?
Summitly has no earlier MLS® sale or lease of 386 Palmerston Blvd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 386 Palmerston Blvd?
386 Palmerston Blvd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 386 Palmerston Blvd been on the market?
154 days — 386 Palmerston Blvd was listed on June 1, 2026.
What is the price per square foot of 386 Palmerston Blvd?
About $1,150 to $1,643 per square foot: the asking price of $5,749,900 over the 3,500–5,000 sq ft the listing gives as its size range.
Does 386 Palmerston Blvd have parking or a garage?
