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For sale · Common Element Condo

308 Palmerston Avenue #PH07.

Palmerston-Little Italy, Toronto, ON M6J 3X9

In The Europa, 308 Palmerston Avenue
Open houseSun, Nov 1 · 5:00 pm–7:00 pm
On the market42 days
MLS® C13803024Courtesy of Royal Lepage Signature Realty
Bedrooms2+1Plus a den
Bathrooms2
Square feet1,000–1,199About $818 per sq ft
Parking1Locker: Owned

Seller'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

Maintenance$1,364 / month
Property taxes$4,972 / year
Price per square footAbout $818
ExposureNorth

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
  • Bike Storage
  • Concierge
  • Exercise Room
  • Party Room/Meeting 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—
  • Maintenance—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

How this price compares

Members

7 suites sold at The Europa in the last two years.

Sales activity in the building

Number of suites sold each quarter.

0 Jan–Mar 2025 2 sold, Apr to Jun 2025 2 Apr–Jun 2025 0 Jul–Sep 2025 3 sold, Oct to Dec 2025 3 Oct–Dec 2025 0 Jan–Mar 2026 1 sold, Apr to Jun 2026 1 Apr–Jun 2026 0 Jul–Sep 2026 1 sold, Oct to Dec 2026 1 Oct–Dec 2026 so far

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Sale and listing history

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The building and the area

The Europa

The building

The Europa

308 Palmerston Avenue · 5 storeys

Bike Storage · Concierge · Exercise Room · Party Room/Meeting Room

2For sale now
0For rent now
5Sold, last 12 months

Listing brokerage · MLS® C13803024Royal Lepage Signature RealtyData last updated Oct 27, 2026 6:26 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

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