JUSTIN JONATHAN KUASales Representative · PSR Brokerage647-270-8800

Downtown Toronto · TRREB district C01

Little Italy Toronto condos for sale

College Street’s cafés and patios, with Palmerston Boulevard’s Victorian houses a block away.

Little Italy housing market

$1,435,000Median sold price
20Days on market
102%Sold vs. asking
21Homes sold

Palmerston-Little Italy · TRREB · Q2 2026

All market numbers
FigureValuePeriod
Average sale price, all home types$1,566,243Q2 2026
Median sale price$1,435,000Q2 2026
Homes sold21Q2 2026
Active listings (end of quarter)18Q2 2026
Average days on market20Q2 2026
Sale price vs. list price102%Q2 2026
MLS® HPI benchmark, all types, district C01$638,900 (-7.4% year over year)October 2026
MLS® HPI benchmark, condo apartment, district C01$543,300 (-8.4% year over year)October 2026

TRREB community: Palmerston-Little Italy (district C01). Source: TRREB Community Housing Market Report, Toronto Central, Q2 2026, and TRREB MLS® Home Price Index, October 2026 (district level; TRREB does not publish community HPI or per-type community prices).

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About Little Italy

Little Italy is centred on College Street west of Bathurst, where Italian immigrants settled in the early and middle 20th century. The cafés, restaurants and patios along College Street are still the heart of it, and the street is closed for an annual summer festival. Just north and south, Palmerston Boulevard is known for its ornamental streetlights and large Victorian and Edwardian houses.

Most homes here are houses: detached and semi-detached homes on Palmerston and the parallel streets, and row houses on the smaller side streets. Condos are few, mostly smaller buildings on College Street and at the edges of the neighbourhood, so listings are infrequent. The 506 College streetcar runs east to the University of Toronto and Queen’s Park, and the Bloor subway is a short walk north.

More about Little Italy

In the MLS® system the neighbourhood is the Palmerston-Little Italy community in TRREB’s C01 district. It is one of the higher-priced downtown communities, because sales are mostly houses, and homes here have tended to sell at or above asking. Buyers often compare it with the Annex and Trinity Bellwoods: similar housing stock, with Little Italy’s College Street on the doorstep.

By the numbers: TRREB recorded 21 sales of all home types in the Palmerston-Little Italy community in the second quarter of 2026, at an average price of $1,566,243 and a median of $1,435,000; homes took an average of 20 days to sell, went for 102% of their asking price (above asking on average), and 18 listings were active at the end of the quarter. Because those figures mix condos and houses, the district benchmark is a better guide to a typical condo: TRREB’s MLS® Home Price Index put the benchmark condo apartment in district C01 at $543,300 in October 2026, down 8.4% from a year earlier. The table below gives every figure with its source and period.

Around Little Italy

  • College Street cafés and patios
  • Palmerston Boulevard streetlights and Victorian houses
  • 506 College streetcar
  • Walk to the Bloor subway

Questions about buying and selling in Little Italy

What do homes sell for in Little Italy?

In Q2 2026, 21 homes of all types sold in TRREB’s Palmerston-Little Italy community, which covers Little Italy, at an average price of $1,566,243 and a median price of $1,435,000. They sold in an average of 20 days, at 102% of the asking price. Source: TRREB Community Housing Market Report, Q2 2026.

How much does a condo cost in Little Italy?

TRREB does not publish condo prices for individual communities. Its MLS® Home Price Index benchmark for a condo apartment in district C01, which includes Little Italy, was $543,300 in October 2026, down 8.4% from a year earlier. Actual prices depend on size, floor, view and building; the live search lists current asking prices.

Are there condos for sale in Little Italy, Toronto?

A few. Little Italy is mostly houses, and its condos are mainly smaller buildings on College Street and at the edges of the neighbourhood, so condo listings come up less often than in the downtown tower communities.

Who can help me buy or sell a condo in Little Italy?

Justin Jonathan Kua is a Sales Representative with PSR Brokerage, 625 King St W, Toronto, ON M5V 1M5, and works with buyers, sellers and renters in Little Italy and across downtown Toronto. Call 647-270-8800 or browse homes for sale in Little Italy on platinumestates.ca.

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Justin Jonathan Kua, Sales Representative, PSR Brokerage · 625 King St W, Toronto, ON M5V 1M5 · 647-270-8800

Sources