For sale · Common Element Condo
308 Palmerston Avenue #PH07.
Palmerston-Little Italy, Toronto, ON M6J 3X9
In The Europa, 308 Palmerston AvenueSeller's market
Condo market in Palmerston-Little Italy. Homes are selling quickly relative to new supply, so sellers have more leverage. Homes here sell in about 27 days. Market data
Sales-to-new-listings ratio, last 3 months: 117%
Months of supply: 2.6
What it means
- Seller's market in Palmerston-Little Italy: condos take about 27 days to sell.
- About 2.6 months of condos for sale in Palmerston-Little Italy at the current pace of sales.
At a glance
About this home
Rare Two-Storey Penthouse at 308 Palmerston Ave! Located on prestigious Palmerston Avenue in the heart of Little Italy, this bright and spacious 2-bedroom + den, 2-bathroom penthouse offers a unique blend of condo convenience and house-like living. Enjoy an open layout, soaring ceilings, floor-to-ceiling windows, and an impressive private terrace with beautiful, unobstructed views of the South Annex's mature tree canopy and historic mansions. The two-storey layout offers excellent separation between living and sleeping spaces, while the terrace provides a wonderful extension of the living area. Includes 1 underground parking space and 1 storage locker. Europa is a welcoming, well-established building cherished by its long-term residents, with proactive management and a healthy reserve fund. Penthouse opportunities here are exceptionally rare. While the suite offers an exciting opportunity to update and personalize the space, its outstanding layout, views, and location provide an exceptional foundation for creating a truly special home. Steps to parks, transit, cafés, restaurants, shopping, the University of Toronto, hospitals, and everything this vibrant neighbourhood has to offer. A rare opportunity to make a distinctive two-storey penthouse your own in one of Toronto's most desirable locations.
Suite details
Click the + to read more.
The suiteproperty type, style, size, exposure
- Property type
- Common Element Condo
- Style
- 2-Storey
- Size
- 1,000–1,199 sq ft
- Exposure
- North
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- None
- Year built
- 16-30
- Possession
- October 1, 2026
Parking and storageparking, garage, locker
- Parking
- 1
- Garage
- Underground
- Locker
- Owned
Fees and taxesmaintenance, property taxes, price per sq ft
- Maintenance
- $1,364/mo
- Property taxes
- $4,972 (2026)
- Price per sq ft
- $819
Building and rulesstoreys in building, pets
- Storeys in building
- PH
- Pets
- Yes-with Restrictions
What is includedAppliances and fixtures
S/S Appliances, Stacked Washer/Dryer.
Building amenitiesbike storage, concierge, exercise room
Maintenance fee includes: Water, Parking
What it could cost each month
— a month, estimated
With 20% down. Includes property tax and maintenance. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
- Maintenance—
- Property tax—
Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members7 suites sold at The Europa in the last two years.
Sales activity in the building
Number of suites sold each quarter.
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Sale and listing history
Past sales at this address are for members
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The building and the area

The building
The Europa
308 Palmerston Avenue · 5 storeys
Bike Storage · Concierge · Exercise Room · Party Room/Meeting Room
Listing brokerage · MLS® C13803024Royal Lepage Signature RealtyData last updated Oct 27, 2026 6:26 pm.
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