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MLS® listings · updated daily Seller's market · 61/100

Palmerston-Little Italy Real Estate & Homes for Sale

Palmerston-Little Italy, Toronto

Currently a seller's market in Palmerston-Little Italy. Browse 64 MLS® listings, local market stats, and recent sold history across Palmerston-Little Italy, Toronto — updated daily.

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261 Grace Street, Palmerston-Little Italy: home for sale
261 Grace Street · $1,499,999Listed by RIGHT AT HOME REALTY, Brokerage

Palmerston-Little Italy at a glance

MLS® data

Homes for sale
64
For rent
55
Sold · 90 days
44
Average sold price · 90 days
$1,437,040

Market typeSeller's market · 61/100

26 days on market (average) · 2.8 months of inventory

Full market reportAll Toronto real estate
Zara, Summitly's AI virtual agent (AI-generated image)
Zara · AI virtual agent

Meet Zara · Palmerston-Little Italy

Ask Zara about any listing, street, school zone, or sold comparable in Palmerston-Little Italy, Toronto. Available 24/7 via chat or phone — no signup, no waiting.

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AI-friendly answerUpdated daily from MLS®

Palmerston-Little Italy, Toronto currently has 64 active MLS® listings for sale, alongside 44 recent sold-property records, local pricing, and recent market trend data — all sourced directly from MLS® and updated daily. Through Mortgage Squad Advisors — Summitly's preferred mortgage partner — you can browse Palmerston-Little Italy listings and talk to a licensed mortgage advisor in the same flow.

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Market intelligence

Home price trends & market temperature in Palmerston-Little Italy, Toronto

Composite hotness score, the year-long sold-price line, and a plain-English read on the Palmerston-Little Italy data from Zara, our real estate AI.

Full Palmerston-Little Italy market breakdown
Market temperature

Palmerston-Little Italy is leaning toward a seller's market

Composite score derived from days-on-market and months-of-inventory signals.

61
warm
Cool buyer's mktBalancedHot seller's mkt
  • Days on market
    26
    Lower = hotter
  • Months of inventory
    2.8
    Under 4 = hot
  • Closed (90d)
    68
    MLS® last 90 days
12-month trend

Average sold price in Palmerston-Little Italy, Toronto

Last 12 months of MLS® closed transactions, average per month.

$1,437,040
-29.7% YoY
$1,339,475
Nov 25Oct 26
Zara's take · Palmerston-Little Italy
Palmerston-Little Italy is currently a leaning toward sellers.

The latest monthly average sold price is roughly 29.7% lower than 12 months earlier. Monthly averages move with the mix of homes that sold, so treat this as a direction rather than a precise change. Inventory is tight at ~2.8 months of supply.

Practical takeaway

Buyers: lead with strong financing and limit conditions on the right home. Sellers: price competitively but expect interest.

Generated from MLS® data — not investment advice.See the full report
Market snapshot

Palmerston-Little Italy, Toronto real estate market: the numbers

MLS® closed-transaction stats for the selected window.

  • Avg sold price
    $1,437,040
  • Median sold price
    $1,277,500
  • Avg days on market
    26 days
  • Closed sales
    68
Sold price breakdown

What homes actually sell for in Palmerston-Little Italy, Toronto

Average MLS® sold price by property type and bedroom count, for the selected window.

By property type
  • Detached$1,833,000
  • Townhouse$1,658,687
  • Semi-detached$1,655,907
  • Multi-family$1,487,400
  • Condo$673,650
By bedroom count
  • 1-bed$609,231
  • 2-bed$1,131,923
  • 3-bed$1,540,813
  • 4-bed$1,936,800
  • 5+ bed$1,693,867
Speed & benchmarks

How fast Palmerston-Little Italy, Toronto sells, and how it compares

Days-on-market trend, price per square foot, and how the neighbourhood stacks up against the provincial average.

Avg days on market
27d
Lower is faster
Price / sq ft
$1,060
Avg sold
Avg price vs Ontario
$1,437,040
$607,425 vs province avg
Palmerston-Little Italy homes sell 10 days faster than the Ontario average
What this means

Your Palmerston-Little Italy, Toronto move depends on which side you're on

A plain-English read of the numbers above for buyers and sellers.

If you're buying

Inventory moves fast in Palmerston-Little Italy. Get pre-approved before you shop, keep your conditions tight, and be ready to act on the day a listing hits — strong listings won't wait for the weekend.

If you're selling

Demand favours sellers in Palmerston-Little Italy. Price to the recent comps above, present the home well, and a tight offer window can turn strong interest into competing offers.

Figures are computed from the direct MLS® feed — closed transactions over the selected window and current active inventory, refreshed regularly. Averages can swing in lower-volume windows; treat them as direction, not a precise appraisal.
Explore the data

Palmerston-Little Italy month by month

Homes sold, new listings, asking prices, days on market and rent in Palmerston-Little Italy, up to five years, by home type, against Toronto or Ontario. Updated September 2026.

Homes sold · Palmerston-Little Italy · All home types · 2 years

Homes that sold firm in the month.

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Focus the chart and use the left and right arrow keys, Home and End to step through months. The table view lists every figure.

Source: TRREB MLS® System data, compiled by Summitly. A median needs at least 5 homes behind it, so thin months are left out. No sold prices or single homes are shown here. MLS® data is deemed reliable but not guaranteed.

Report on my neighbourhood: Palmerston-Little Italy

Once a month, when the month's figures are final: Palmerston-Little Italy's homes sold, new listings, asking prices and days on market against last month and last year, a short take, and a link back to these charts. Unsubscribe in one click.

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Browse by price

Palmerston-Little Italy, Toronto homes for sale by price range

Active MLS® listings per price band.

  • Under $500K
    11
  • $500K – $750K
    4
  • $750K – $1M
    3
  • $1M – $1.5M
    11
  • $1.5M – $2M
    21
  • Over $2M
    14
Browse by type

Palmerston-Little Italy, Toronto homes by property type

Detached, semi-detached, townhouse, condo, multi-family and commercial inventory — all in one view.

  • Detached
    Standalone homes on their own lot.
    4 listings
  • Semi-Detached
    Side-by-side homes sharing a wall.
    17 listings
  • Townhouses
    Multi-storey row homes.
    5 listings
  • Condos
    Apartments and condo suites.
    8 listings
  • Multi-Family
    Duplexes, triplexes, fourplexes.
    7 listings
  • Commercial
    Retail, office, industrial.
    0 listings
Browse by bedrooms

Palmerston-Little Italy, Toronto listings by bedroom count

  • 1+ Bedroom
    43
  • 2+ Bedrooms
    37
  • 3+ Bedrooms
    33
  • 4+ Bedrooms
    25
  • 5+ Bedrooms
    10
Browse by intent

Popular Palmerston-Little Italy, Toronto searches

The way buyers really search — new listings, price drops, condos, detached, move-in ready, and more. One tap drops you on the map with that filter applied.

People also ask

Common Palmerston-Little Italy, Toronto real estate questions, answered

Quick answers to the questions people ask most.

  • How long does it take to sell a home in Palmerston-Little Italy?

    The average days-on-market figure in the market sections reflects how quickly homes are selling in Palmerston-Little Italy. Lower is hotter — anything under 14 days typically indicates a seller's market.

  • Should I rent or buy in Palmerston-Little Italy?

    That depends on rent-to-price ratios, your time horizon, and your tax situation. Run the numbers with Summitly's mortgage calculator, then ask Zara — or a licensed advisor — for a personal recommendation.

Nearby neighbourhoods

Explore nearby in Toronto

Other Toronto neighbourhoods worth a look — each with its own MLS® listings hub.

All Toronto real estate
About the neighbourhood

Living in Palmerston-Little Italy, Toronto

Summitly's Palmerston-Little Italy, Toronto hub tracks 64 active for-sale listings alongside recent sold history, local pricing, days-on-market, and lender-ready financing — all in one place.

Whether you're buying in Palmerston-Little Italy for the first time or trading up within Toronto, the data on this page comes directly from the MLS® and is updated daily. Use the price-band, property-type, and bedroom browse tiles below to narrow Palmerston-Little Italy inventory in seconds, or jump onto the map to draw your own search area.

Already pre-approved? Click any listing to connect with a licensed mortgage advisor at Mortgage Squad Advisors — Summitly's preferred mortgage partner. Not pre-approved yet? Zara, Summitly's AI virtual agent, can give you a target purchase price for Palmerston-Little Italy in under two minutes — no credit pull required.

Automated estimate from recent area sales. Sign in or create a free account to see it, and we'll email the full report.

The 5-step plan

How to buy a home in Palmerston-Little Italy, Toronto

The exact playbook Summitly's licensed advisors walk every first-time buyer through.

  1. 1

    Get pre-approved with Summitly's mortgage partner

    Confirm your maximum purchase price and lock a rate hold before you tour homes in Palmerston-Little Italy. Compare mortgage options with our partner, Mortgage Squad Advisors.

  2. 2

    Browse MLS® listings in Palmerston-Little Italy

    Use the browse-by-price, browse-by-type, and bedroom tiles on this page to narrow Palmerston-Little Italy inventory in seconds. Open any listing for full details, photos, and neighbourhood comparables.

  3. 3

    Tour homes with a licensed agent

    Summitly can connect you with a vetted Toronto agent or your existing realtor — every Palmerston-Little Italy listing on the site is real, MLS®-sourced, and bookable for showings.

  4. 4

    Make an informed offer using sold history

    Reference Palmerston-Little Italy's recent sold data to benchmark fair value before you write the offer. Zara, our real estate AI, can also pull instant comparables for any Palmerston-Little Italy address you ask about.

  5. 5

    Close with confidence

    Your Summitly advisor coordinates the lender, lawyer, and closing paperwork so the keys end up in your hand on time. Insurance and movers are optional add-ons.

Frequently asked questions

Buying and selling in Palmerston-Little Italy, Toronto: your questions, answered

Plain-English answers grounded in MLS® data and Summitly's broker-of-record knowledge.

  • How many homes are for sale in Palmerston-Little Italy right now?

    There are 64 homes currently for sale in Palmerston-Little Italy, Toronto according to MLS® data. Summitly updates this count daily so you're always working with current Palmerston-Little Italy inventory.

  • How much does an average home cost in Palmerston-Little Italy?

    Average and median sale prices for Palmerston-Little Italy, Toronto are calculated from closed MLS® transactions over the last 90 days and shown in the market sections on this page. Open any property for neighbourhood-level comparables.

  • Can I rent in Palmerston-Little Italy on Summitly?

    Yes — Summitly currently lists 55 rental properties in Palmerston-Little Italy, Toronto. Use the For Rent toggle to filter to leases.

  • How many homes have sold in Palmerston-Little Italy recently?

    Summitly's 90-day sold index for Palmerston-Little Italy covers 44 closed transactions, each with the original list price, final sold price, and days on market so you can benchmark fair value before you offer.

  • Is Palmerston-Little Italy a good place to buy in Toronto?

    That depends on your budget, timing, and financing. The market sections on this page show Palmerston-Little Italy's average and median sold price, days on market, and closed transaction count — the signals agents use to read a neighbourhood. For a personal answer, ask Zara for a tailored affordability snapshot.

  • Where does Summitly's Palmerston-Little Italy listing data come from?

    Every active listing, sold record, and statistic on this page is sourced from the MLS®, updated daily. Summitly does not scrape or guess — if it's on this page, a licensed Canadian brokerage has authorised the feed.

  • Can I get a mortgage pre-approval through Summitly while I browse Palmerston-Little Italy?

    Yes. Summitly partners with Mortgage Squad Advisors, a licensed Canadian mortgage brokerage. Click "Get pre-approved" anywhere on the site or chat with Zara to start an application, and compare mortgage options with our partner.

  • Does Summitly cover other Toronto neighbourhoods?

    Yes — Summitly maintains live, MLS®-connected pages for Toronto and its neighbourhoods. Use the "Explore nearby in Toronto" strip below, or open the full Toronto real estate hub. Ontario city pages are linked from there too.

Licensed Ontario real estate brokerage

Coldwell Banker Summit Realty, Brokerage

Coldwell Banker Summit Realty, Brokerage is registered with the Real Estate Council of Ontario (RECO). Its licensed agents can help you buy, sell or lease in Palmerston-Little Italy, Toronto, from showings and offers to closing. When you are ready to finance, you can compare mortgage options with our partner, Mortgage Squad Advisors.

  • RECO-registered brokerage
  • Licensed agents
  • Zara, AI virtual agent
Contact a licensed agentChat with Zara (AI) instead

Coldwell Banker Summit Realty, Brokerage. Waqar Afzal, Broker of Record. Each office is independently owned and operated.

Ready to make a move in Palmerston-Little Italy?

Estimate what you can afford, talk to a licensed mortgage advisor about pre-approval, or ask Zara for a personal affordability snapshot.

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