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!
3 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $1,399 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 87 Palmerston Ave
Every detail from the listing, in one place.
Type
Semi-Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
1.5 spacesYes garage
Basement
Finished, Separate Entrance
Features & systems
Parking & garage
Garage
Yes
Parking spaces
1.5
Interior
Basement
Finished · Separate Entrance
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Semi-Detached
87 Palmerston Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14081926$1,539,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 87 Palmerston Ave 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
$7,561
/mo
based on the purchase price of $1,539,000
$307,800 cash
$1,231,200 financed
$1,036,994 total interest
Principal54%$1,231,200
Interest46%$1,036,994
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.
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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 3–4 bed homes for sale in Toronto around $1.5M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.9%On average, homes sold at or above asking.
Active listings13,316Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,409 sales from Jul 17 – Oct 15, 2026 (6,682 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
87 Palmerston Ave is listed at $1,539,000 (MLS® C14081926). Summitly updates the price as soon as the MLS® record changes.
Is $1,539,000 a good price for 87 Palmerston Ave?
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 87 Palmerston Ave changed?
No — 87 Palmerston Ave is still listed at its original asking price of $1,539,000.
How many bedrooms and bathrooms does 87 Palmerston Ave have?
87 Palmerston Ave has 3 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a semi-detached home in Toronto.
Is 87 Palmerston Ave close to transit?
The nearest rapid-transit station is St. Patrick Station (Line 1), about 1.6 km (about a 20-minute walk) in a straight line. Osgoode Station is about 1.7 km (about a 21-minute walk), and Queen's Park Station is about 1.8 km (about a 22-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 87 Palmerston Ave?
About $7,561 a month — principal and interest on $1,539,000 with 20% down ($307,800), 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 87 Palmerston Ave compare with other homes in Toronto?
Its asking price of $1,539,000 is about 81% above the median sold price in Toronto over the last 90 days, $849,000, across 9,409 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 87 Palmerston Ave been sold before?
Summitly has no earlier MLS® sale or lease of 87 Palmerston Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 87 Palmerston Ave?
87 Palmerston Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 87 Palmerston Ave been on the market?
87 Palmerston Ave was listed today (October 15, 2026).
What is the price per square foot of 87 Palmerston Ave?
About $1,026 to $1,399 per square foot: the asking price of $1,539,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 87 Palmerston Ave have parking or a garage?
Yes — the listing gives 1.5 parking spaces. Garage: Yes.
