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    506 - 308 Palmerston Ave

    For SaleThe Europa
    $749,000
    1 Bed
    1 Bath
    1 Parking
    757 SQFT
    7 Days on Strata
    Est Sell Timeframe
    8 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $931/mth
    Taxes:
    $3,240 (2024)
    Cost Per Sqft:
    $989/sqft
    Locker:
    Exclusive
    Outdoor Space:
    Juliet Balcony
    Exposure:
    North
    Possession Date:
    March 31, 2025
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Fan Coil

    Room Dimensions

    Foyer
    Hardwood Floor, Closet
    5.84 x 11.98ft
    Dining
    Hardwood Floor
    13.85 x 8.01ft
    Kitchen
    Granite Counter, Stainless Steel Appliances, Ceramic Floor
    11.68 x 9.25ft

    About this Listing

    Elegant Urban Living in Little Italy - Europa Condominium. Welcome to the prestigious Europa Condominium, perfectly situated at the corner of College and Palmerston in the heart of vibrant Little Italy. This spacious one-bedroom, one-bathroom suite offers a thoughtfully designed layout, featuring an oversized dining area that can serve as a dedicated work-from-home space or accommodate a large dining table for entertaining. The stylish open-concept kitchen boasts stainless steel appliances, granite countertops, and a breakfast bar, seamlessly overlooking the bright living room. A wall of glass floods the space with natural light, leading to a Juliette balcony with picturesque views of the lively neighborhood. The serene bedroom offers a second Juliette balcony and a generous closet for ample storage. The Europa is a boutique low-rise building that is exceptionally quiet. Even though located in the heart of the city, the unit is tranquil with high-quality doors and windows that virtually eliminate noise from the street. Enjoy the convenience of included parking and a locker, as well as easy access to the TTC right outside your door. Steps away, you'll find trendy cafes, top-rated restaurants, and boutique shopping, making this an unbeatable location for those who love city living. Don't miss this incredible opportunity to own a stunning condo in one of Toronto's most sought-after neighborhoods!

    royal lepage/j & d divisionMLS® #C11986897


    Amenities

    Indoor Parking
    Visitor Parking
    Bike Storage
    Rec Room
    Gym Room
    Games Room

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,520
    Average Individual Income
    $62,297
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $101,900
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    19%
    50 - 64
    19%
    65+
    20%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    25%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    39%
    Detached
    28%
    Semi Detached
    25%
    Duplex
    4%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    53%
    Cantonese
    14%
    Mandarin
    13%
    Other
    13%
    Tamil
    3%
    Tagalog
    2%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    37%
    High School
    24%
    College
    16%
    None
    15%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Maintenance Fees

    The Europa vs The Trinity Bellwoods Area

    Days on Strata

    Units at The Europa spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Trinity Bellwoods

    Turnover of Units

    On average, each unit is owned for
    7.4
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 22 condos in the Trinity Bellwoods area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    The Europa offers the
    ?
    best value out of 22 condos in the Trinity Bellwoods neighbourhood

    Appreciation Rank

    The Europa has the
    ?
    highest ROI out of 22 condos in the Trinity Bellwoods neighbourhood

    Rental Yield

    The Europa yields the
    ?
    highest rent prices out of 22 condos in the Trinity Bellwoods neighbourhood

    High Demand

    The Europa is the
    ?
    most popular building out of 22 condos in the Trinity Bellwoods neighbourhood

    Transaction Insights at 308 Palmerston Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$595,000$688,000 - $690,018$900,000 - $975,000No DataNo Data
    Avg. Cost Per SqftNo Data$983$1,113$1,017No DataNo Data
    Avg. Wait for Unit Availability2157 Days342 Days236 Days486 Days1925 DaysNo Data
    Ratio of Units in Building5%26%40%23%7%2%

    Transactions vs Inventory

    Total number of units listed and sold in Trinity Bellwoods