79 PALACE STREET
Toronto · N3T3W8
$449,000
About this residence
Perfect Starter Home for First-Time Buyers! Welcome to your ideal first home-charming, stylish, and move-in ready! This inviting property features a cozy covered front porch where you can start your mornings with a cup of coffee. Step inside to a bright, open-concept living room with modern luxury vinyl plank flooring, a statement feature wall, and a sleek electric fireplace-perfect for relaxing or hosting friends. The updated kitchen offers plenty of cabinetry, new countertops, and seamless flow into the elegant dining room, where patio doors lead to your private deck and fully fenced backyard-great for summer BBQs, pets, or simply unwinding outdoors. Enjoy the convenience of main floor laundry and plenty of natural light throughout. Upstairs you'll find two oversized bedrooms filled with character, including charming wainscotting and tall 11" baseboards. The updated 4-piece bathroom features a tiled shower and a clean, modern feel. The basement includes a dedicated workshop with a large workbench and plenty of storage-ideal for hobbies or future expansion. You'll enjoy hosting summer barbecues and gatherings with your family and friends in the private backyard space. Recent updates include a new metal roof in 2021, new central air unit in 2024, newly renovated bathroom in 2025, new carpeting upstairs in 2022, new luxury vinyl plank flooring on the main level in 2022, updated vinyl windows, and more. This home has all the features first-time buyers are looking for: charm, modern touches, a functional layout, a private outdoor space, and major updates already done for you. It's just waiting for you to move in and start living! Book a private viewing today! (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 2 (2 above)
- Bathrooms
- 1
- Storeys
- 2
- Living area
- 700–1,100 sq ft
- Lot size
- 32 x 53.6 FT ; 32.55 ft x 53.56 ft x 33.76 ft x 36.08ft
- Frontage
- 32 feet
- Parking
- 2 spaces
- Fireplace
- 1
- Annual tax
- $2,120
- MLS®
- X12562420
- Board
- Toronto
- Status
- Inactive
- Listed
- Nov 20, 2025
- Updated
- Nov 20, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 5.79 × 3.38 m |
| Kitchen | Main level | 4.51 × 2.44 m |
| Dining room | Main level | 3.66 × 3.08 m |
| Bedroom | Second level | 4.75 × 2.68 m |
| Bedroom 2 | Second level | 3.66 × 3.14 m |
| Bathroom | Second level | 2.74 × 1.52 m |
| Laundry room | Main level | 1.92 × 0.91 m |
| Workshop | Basement | 4.51 × 4 m |
| Utility room | Basement | 2.53 × 2.13 m |
| Utility room | Basement | 2.99 × 2.26 m |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dishwasher
- Dryer
- Stove
- Hood Fan
- Window Coverings
Heating
- Forced air
- Natural gas
Cooling
- Central air conditioning
Basement
- Partial
- Unfinished
Exterior
- Steel
Foundation
- Brick
Parking
- No Garage
Lot
- Irregular lot size
Sewer & Utilities
- Sanitary sewer
Financing
Estimated monthly payment
$2,100/mo
Loan amount
$359,200
Down payment
$89,800
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Toronto
Nearby
About the area
Census · N3T- 37,406
- Population
- 39
- Median age
- $86,000
- Median income
- $675,000
- Median home value
- 66%
- Home ownership
- 27 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 79 PALACE STREET?
79 PALACE STREET is listed for $449,000, in Toronto.
How many bedrooms and bathrooms does 79 PALACE STREET have?
It offers 2 bedrooms and 1 bathroom.
What type of home is 79 PALACE STREET?
79 PALACE STREET is a Single Family, House set over 2 storeys.
How large is 79 PALACE STREET?
The home offers approximately 700–1,100 sq ft of living space on a lot measuring 32 x 53.6 FT ; 32.55 ft x 53.56 ft x 33.76 ft x 36.08ft.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $2,100. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,120 per year.
Is there parking?
Yes — 79 PALACE STREET includes 2 parking spaces.
What is the Toronto area like?
Toronto has a population of about 37,406, a median age of 39, a 66% home-ownership rate, with an average commute of about 27 minutes.
What is the average home value in Toronto?
The median dwelling value in this area is approximately $675,000, based on census data via Neighbourly.
What is the median household income in Toronto?
The median household income in this area is approximately $86,000.
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Private viewings
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