The Basement Apartment offers 700 sqft of living space in the vibrant Palmerston neighbourhood of downtown Toronto. Situated in a renovated Victorian house, the unit benefits from a high ceiling and a separate front and back entry, providing a sense of privacy uncommon in many basement rentals. While the overall condition is dated and basic, the recent renovations and classic brick exterior give the property a distinctive character.
The kitchen comes equipped with a fridge and stove, offering functional basics for everyday cooking. The bathroom and bedroom share a straightforward layout, reflecting the un‑furnished, utilitarian nature of the space. While the unit does not include in‑suite laundry, the building’s laundry facilities are conveniently located nearby.
Palmerston enjoys a Transit score of 85/100, reflecting frequent bus and streetcar service that connects residents to the subway and the University of Toronto within minutes. The area is also known for its vibrant dining scene, with a variety of restaurants, cafes, and shops just a short walk away, making daily errands and leisure activities easily accessible.
A price analysis for this listing is available in the Price Insight section.
How well this listing matches different lifestyles
How this compares to the 1-bed in Palmerston average.
THIS LISTING
$1,400
NEIGHBOURHOOD AVG
$1,815
22.9% Below Average
Based on 94 comparable listings · Median $1,873
Who lives in this area, based on Statistics Canada census data.
Commute mode
Car
37.6% commute by car
Education
Bachelor degree
35% have completed bachelor degree
Household composition
Single family
44.5% of households are single family
Housing tenancy
Renters
58.7% of homes are renters

$1,095/mo
Toronto, ON M6G 2P2

$1,800/mo
563 Ossington Avenue

$1,300/mo
Toronto, ON M5S 2R3

$995/mo
ROOM 1 - 605 BLOOR STREET, TORONTO (PALMERSTON-LITTLE ITALY), ON M6G 1K5