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-ce...iling 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.
Full Property Details
Interior
Bedrooms
2
Bedrooms Plus
1
Total Bedrooms
3
Washrooms
2
Square Footage
1000-1199 sqft
Basement
None
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
1
Total Kitchens
1
Fireplace Features
No
Bedrooms
2
Bedrooms Plus
1
Total Bedrooms
3
Washrooms
2
Square Footage
1000-1199 sqft
Basement
None
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
Central Air
Family Room
No
Kitchens
1
Total Kitchens
1
Fireplace Features
No
Exterior
Driveway
None
Parking Spaces
1
Total Parking Spaces
1.00
Parking Description
None
Garage Spaces
1
Balcony
Terrace
Driveway
None
Parking Spaces
1
Total Parking Spaces
1.00
Parking Description
None
Garage Spaces
1
Balcony
Terrace
Building Description
Style
2-Storey
Home Type
Condo
Subtype
Common Element Condo
Year Built
16-30
Property Orientation
North
Exterior Finish
Brick,Concrete
Possession Date
10/1/2026
Locker
Owned
Style
2-Storey
Home Type
Condo
Subtype
Common Element Condo
Year Built
16-30
Property Orientation
North
Exterior Finish
Brick,Concrete
Possession Date
10/1/2026
Locker
Owned
Community
Community
Palmerston-Little Italy
Community
Palmerston-Little Italy
Taxes & Fees
Taxes
$4,972.17 /yr
Tax Year
2026
Occupancy
Vacant
Maintenance Fee
$1,363.67/mo
Common Elements
Included
Parking
Included
Water
Included
Building Insurance
Included
Taxes
$4,972.17 /yr
Tax Year
2026
Occupancy
Vacant
Maintenance Fee
$1,363.67/mo
Common Elements
Included
Parking
Included
Water
Included
Building Insurance
Included
Other
Pets
Yes-with Restrictions
Pets
Yes-with Restrictions
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