For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Toronto · Toronto Region · Palmerston-Little Italy

261 Grace Street

Triplex

MLS® #C14096636

Listed for$1,499,9991 day on market

4+1 bed 3 bath 2 parking 1500-2000 sq ft~$857/sq ft

New this week
19 schools within 1 km
Transit stop ~170 m

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Est. all-in monthly~$7,564/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

19 schools within ~1 km · nearest transit stop ~0.17 km

Property information

What house buyers ask first

Lot size: 17.58 × 105 ft
Square footage: 1500-2000 sq ft
Property tax: $7,021 / yr
Parking: 2 spaces · Detached
Basement: Apartment

Property summary

Property type: Triplex
Style: 2 1/2 Storey
Lot size: 17.58 × 105 ft
Parking: 2 spaces · Detached
Heating: Forced Air
Air conditioning: Central Air, Window Unit(s)
Basement: Apartment
Kitchens: 2
Exterior: Brick
Property tax: $7,021 / yr
MLS®: C14096636

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Att/Row/Townhouse

$1,299,000

Above recent sales

620 Crawford Street

3+1 bed · 3 bath·1500-2000 sq ft·1.5 parking

Toronto

Listed 2 days ago · Property.ca Inc.

Listing states: renovated

Att/Row/Townhouse

$1,489,000

Above recent sales

283 Euclid Avenue

3+1 bed · 4 bath·1100-1500 sq ft·2 parking

Toronto

Listed 1 day ago · Sutton Group-Admiral Realty Inc.

Semi-Detached

$1,699,000

Above recent sales

251 Crawford Street

3+1 bed · 3 bath·1500-2000 sq ft·1 parking

Toronto

Listed 1 day ago · Royal LePage Supreme Realty

Listing states: renovated (2025)

Duplex

$1,350,000

200 Roxton Road

4+1 bed · 3 bath·1500-2000 sq ft·1 parking

Toronto

Listed 1 day ago · RE/MAX Real Estate Centre Inc.

The numbers that matter

Property tax: $7,021/yr
Est. all-in: ~$7,564/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

Delta Senior Alternative SchoolPublic · Secondary · Toronto DSB0.2 km
Montrose Junior Public SchoolPublic · Elementary · Toronto DSB0.2 km
Clinton Street Junior Public SchoolPublic · Elementary · Toronto DSB0.2 km
St Francis of Assisi Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.3 km
Harbord Collegiate InstitutePublic · Secondary · Toronto DSB0.4 km
Central Toronto AcademyPublic · Secondary · Toronto DSB0.4 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Grace StreetNearest transit · Bus stop~170 m
ChristieNearest subway · Subway~640 m
ExhibitionNearest GO / rail · GO / regional rail~2.5 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto

$850KMedian sold

32Median days on market

98.6%Sale-to-list

Median sold price · Toronto1-yr 0% · 3-yr —

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Toronto

2,794,356Population (2021)

39.6Median age

$84,000Median household income

51.9%Home owners

48.1%Renters

2.4Avg household size

Source: Statistics Canada, 2021 Census

Description & details

This unique end-unit townhouse offers an exceptional investment opportunity, featuring three self-contained apartments, each with its own private entrance, kitchen and three-piece bathroom. The basement apartment features one bedroom and a spacious living and dining area. The main-floor one-bedroom apartment offers a private walkout to the rear deck, complete with space for a barbecue. The second and third floors form a spacious three-bedroom apartment with two balconies offering spectacular views. There is shared laundry equipment on the lower level, providing added convenience. A 2 car detached garage with direct access to the rear laneway presents exciting potential for a future laneway house, subject to approvals, offering additional income or development possibilities while maintaining the feel of a traditional residential property. Ideally situated just half a block north of College Street, in the vibrant College and Grace neighbourhood, the property is surrounded by the best of Little Italy, including popular restaurants, cafés, patios, independent boutiques and lively local shops. Enjoy easy access to public transit, parks, everyday amenities and the dynamic atmosphere of one of Toronto's most sought-after urban communities. With only the basement apartment currently rented and the main-floor and upper-level apartments vacant, this property offers investors an excellent opportunity to secure rental income, lease the vacant units at current market rates and explore its future income and development potential.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RIGHT AT HOME REALTY. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.