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.
Address
276 Grace Street
List Price
$1,799,000
MLS® Status
New
Expiration Date
2026-07-31
Property Type
Residential Freehold
Type of Dwelling
Semi-Detached
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Palmerston-Little Italy
Region
Toronto
Bedrooms
5 + 2
Bedrooms (Total)
7
Rooms Above Grade
16
Bathrooms
3
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
120
Lot Size Units
Feet
Lot Width
20
Parcel Number
212520225
Occupant Type
Owner+Tenant
Cross Street
Grace St & Harbord StGrace St & Harbord St
MLS® Number
C12961602
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Basement Area
Finished, Separate Entrance
Postal Code
M6G 3A6
Posession Details
TBA
Parking
Lane
Parking Places (Total)
2
Tax Amount
$8,611.68
Tax Year
2025
Site Influences
Park, Public Transit, School
Interior Features
Auto Garage Door Remote, Carpet Free
Property Features
Public Transit, Park, School
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
No
Foundation Details
Concrete
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Shingles
Tax Legal Description
PT LT 8 PL 1184 CITY WEST AS IN CA556156; S/T EXECUTION 01-007447, IF ENFORCEABLE; S/T EXECUTION 98-004911, IF ENFORCEABLE; CITY OF TORONTO
Waterfront
No
Sewer
Sewer