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Nestled in the heart of vibrant Palmerston-Little Italy neighborhood, this spacious Edwardian charmer offers endless potential for investors, renovators, or multi-generational families. Spanning approximately 2000sqft across 3 storey, this solid brick home features original oak detailing, a grand staircase, and a layout ideal for a triplex conversion or student rental setup - with 3 kitchens and 3 separate entrances already in place. The possibilities don't stop there - step outside to find a rarely offered double-block garage (fits 2 cars) plus 2 additional parking spaces, a beautifully crafted wooden deck, and a serene Japanese flower garden. Zoning may also allow for a future garden suite or even a laneway addition above the garage. Key updates include an upgraded electrical panel and a 2-year-new gas furnace, setting a solid foundation for your vision. Whether you're looking to restore its Victorian elegance, create income-producing units, or build your dream family home, this is a rare find on a coveted street. Come see the potential - this is your chance to own a piece of Little Italy's rich history and transform it into something truly special. **EXTRAS: ELFs, window coverings, fridge + stove on third floor and fridge on main floor.***
City: Toronto
Neighborhood: Palmerston-Little Italy
Purchase Price | $2200000 |
Down Payment | $440000 |
Mortgage Insurance | $0 |
Total Mortgage | $1760000 |
Mortgage Payment | $10846 |
Property Taxes | $724 |
Maintenance Fees | $0 |
Monthly Payment | $11570 |
Located at 122 Delaware Ave , this Toronto house is available for sale. This property was listed for $2,200,000 on Fri May 09 2025. This house's size is 1500-2000 Sqft. It has 6 bedrooms and 1 bathroom. The property includes the following rooms: Living, Dining, Kitchen, Primary, 2nd Br, 3rd Br, 4th Br, 5th Br, Br. This property comes with 4 parking spots. 122 Delaware Ave, Toronto is situated in the Palmerston-Little Italy neighbourhood.
MLS#: C12138610 · $2,200,000 · 6 bedroom house in Palmerston-Little Italy, Toronto