276 Grace Street

Palmerston-Little Italy Toronto M6G 3A6

An exceptional opportunity to own a standout property in the heart of Little Italy, one of Toronto's most sought-after and vibrant neighbourhoods. Situated on a rare 20 x 120 ft lot with coveted laneway access and a double-car garage, this property offers incredible flexibility and future potential, including a laneway suite opportunity supported by a solid, well-built garage foundation. Offering close to 3,000 sq ft of total living space including the basement, the home is thoughtfully laid out with multiple self-contained living areas, making it ideal for end-users, investors, or multi-generational living. Features include a spacious eat-in kitchen, generous bedrooms, multiple outdoor spaces including balconies, and a private backyard that backs directly onto a park, a rare and highly desirable setting. A separate basement entrance adds even more functionality and income potential. Whether you're looking to live in, renovate to your taste, or maximize rental income, this property checks every box. All of this just steps to College Street, Trinity Bellwoods Park, top restaurants, cafés, and transit - truly a rare find with endless upside in an AAA+ location.