555 Markham Street in Toronto: Palmerston-Little Italy House for sale (Toronto C01) : MLS®# C12705790
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**OPEN HOUSE THIS SATURDAY - JAN 17th 2-4pm** In the heart of Palmerston-Little Italy, steps from the Annex, Harbord Village and Seaton Village, this Mirvish Village gem offers a rarely found balance of heritage character, scale, and modern comfort. With nearly 4000 square feet of finished space across four levels, this home presents a rare opportunity to live beautifully today - or to refine and tailor it to your own vision over time. Thoughtfully updated with wide-plank engineered hardwood, modern windows, and abundant natural light, the interiors feel both polished and inviting. The expansive kitchen - anchored by a large island and concealed walk-in pantry - opens to a sunken family room overlooking a private urban garden, perfect for entertaining or unwinding in privacy. Five generous bedrooms span the upper two levels, including a top-floor with 2 massive bedrooms and a private rooftop terrace with skyline views - a quiet retreat above the city. The finished lower level offers excellent ceiling height, ideal for recreation, guests, or a dedicated workspace. Mechanically robust and meticulously maintained, the home is equipped with a Viessmann high-efficiency boiler and ductless air conditioning, ensuring comfort in every season. A two-car garage and laneway suite feasibility study further elevate the property's long-term value, adding flexibility for future expansion or multi-generational living. Move in and enjoy the home exactly as it is - or reimagine it with your own bespoke touches. In one of Toronto's most storied neighbourhoods, 555 Markham Street is a lasting investment in space, quality, and possibility.
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
3-Storey
Total Approx Floor Area:
2500-3000
Lot Depth:
125'38.1 m
Lot Frontage:
22'6.71 m
Lot Shape:
Rectangular
Direction Faces:
East
Bedrooms:
5+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
10
Rooms Below Grade:
4
Heating type:
Water
Heating Fuel:
Gas
Fireplaces:
1
Foundation:
Unknown
Roof:
Unknown
Basement:
Finished
Fireplace Features:
Wood
Fireplace/Stove:
Yes
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Lane
Parking Spaces:
0
Total Parking Spaces:
2.0
Family Room:
Yes
Possession Details:
30-60 days
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$13,159 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
Palmerston-Little Italy
Fenced Yard, Public Transit, School, Place Of Worship, Library
Carpet Free, Built-In Oven, On Demand Water Heater
Porch, Deck
none
Note: Pictures with furniture are digitally staged rooms. Inclusions: fridge, dishwasher, built-in oven & microwave, S/S stove, S/S exhaust hood, 3 ductless A/C units with remotes, stacked washer & dryer (2nd floor), washer & dryer (basement), Viessmann Hi Eff. Gas Boiler, Garage Door Opener (as is).
Data was last updated January 19, 2026 at 01:15 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,806,000
Min list price:
$1,149,000
Max list price:
$2,780,000
Avg days on market:
44
Min days on market:
1
Max days on market:
174
These statistics are generated based on the current listing's property type
and located in
Palmerston-Little Italy. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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