263 Grace Street Lower

Palmerston-Little Italy, Toronto, M6G 3A7

$2,250/mo

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  • 1+1 bedrooms
  • 1 bathrooms
  • 0 parking
  • 1500-2000 sq ft

Listed 26 days ago · MLS® C13821250

About this home

Welcome to 263 Grace Street, a beautifully renovated 1+1 bedroom lower apartment situated in the heart of Toronto's highly sought-after Little Italy neighbourhood, just steps from trendy College Street. Offering over 700 square feet of stylish and functional living space, this residence serves as the ideal condo alternative, seamlessly combining modern interior design with the rare luxury of a private outdoor retreat. Inside, a bright and spacious open-concept layout unfolds, highlighted by crisp pot lighting, durable luxury vinyl plank flooring, sleek ceramic tile, and custom built-ins that maximize space and style. The chef-inspired kitchen is designed for both everyday cooking and casual hosting, featuring a large eat-in island, extensive cabinetry, and full-sized stainless steel appliances, including a gas stove, dishwasher, slim microwave range hood, and fridge. Year-round comfort is maintained effortlessly with central air conditioning. The well-proportioned primary bedroom provides a quiet, comfortable sanctuary, while the separate den offers essential flexibility for a dedicated home office, guest room, or creative studio. A fully updated four-piece bathroom completes the interior with contemporary fixtures and clean, modern finishes. Extending the living space outdoors, the property features an exceptional shared backyard oasis-a rare find for rentals in the area-complete with distinct dining and lounge areas alongside a propane barbecue, perfect for outdoor dining and entertaining. Additional features include convenient on-site shared laundry. This unbeatable urban location is situated just steps from College Street. You are surrounded by Toronto's finest dining, cafes, boutiques, and transitoptions, offering an effortless commute to the downtown core. Available Nov 1 for $2,250/month plus hydro. Garage parking available for an extra fee.

Details

Type
Semi-Detached
Style
2 1/2 Storey
Age
100+ years
Size
1500-2000 sq ft
Lot
19.5 × 105 ft
Basement
Apartment
Garage
Detached
Kitchens
1
Neighbourhood
Palmerston-Little Italy
Municipality
Toronto C01
Rent increase limit
Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

Interior

Bedrooms
1 above ground + 1 below
Bathrooms
1 × 4-piece (basement)
Rooms
3 above ground
Family room or den
No
Fireplace
No
Laundry
Common Area, In Basement
Features
Floor Drain, Carpet Free, Water Heater
Furnished
Unfurnished

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Rolled, Asphalt Shingle
Foundation
Concrete Block
Age
100+
Faces
West

Lot

Size
19.5 × 105 ft (rectangular)
Acreage
< .50

Rental terms

Rent includes
Central Air Conditioning, Heat, Water, Water Heater

More

Nearby
Fenced Yard, Library, Park, Place Of Worship, Public Transit, Ravine
Cross street
College Street and Grace Street

Rooms

RoomLevelSizeFeatures
FoyerBasement3.44 × 1.73 m (11'3" × 5'8")Combined w/Kitchen, B/I Closet, B/I Shelves
KitchenBasement3.44 × 2.75 m (11'3" × 9')Above Grade Window, B/I Dishwasher, Eat-in Kitchen
Living RoomBasement3.45 × 3.5 m (11'4" × 11'6")Combined w/Dining, B/I Shelves, Vinyl Floor
BathroomBasement3 × 1.65 m (9'10" × 5'5")4 Pc Bath, Ceramic Floor, Recessed Lighting
Primary BedroomBasement3.9 × 4.64 m (12'10" × 15'3")Above Grade Window, Closet, Vinyl Floor
DenBasement1.79 × 4.64 m (5'10" × 15'3")Above Grade Window, Vinyl Floor

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

  • 🚇 Christie Subway10 min walk
  • 🚇 Ossington Subway14 min walk
  • 🚆 Exhibition GO2.5 km

Within a 10-minute walk: 12 grocery stores, 230 cafés and restaurants, 17 parks, 18 pharmacies. Nearest grocery: College Fruit Market (350 m). Nearest park: Art Eggleton Park (150 m).

Schools nearby

Elementary

  • Montrose Junior Public School
    EQAO: Gr 6 reading 100%, math 70%
    2 min walk
  • Clinton Street Junior Public School
    EQAO: Gr 6 reading 96%, math 84%
    4 min walk
  • St. Francis of Assisi Catholic School Catholic
    EQAO: Gr 6 reading 90%, math 60%
    5 min walk
  • Dewson Street Junior Public School
    EQAO: Gr 6 reading 89%, math 60%
    10 min walk

Secondary

  • Delta Senior Alternative School2 min walk
  • Harbord Collegiate Institute
    EQAO: Gr 9 math 77%, literacy test 93%
    6 min walk
  • Horizon Alternative Senior School6 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M6G

Owners / renters
49% / 51%
Median household income
$91,000
Average age
43
Children under 15
12%
Homes
13% detached, 8% high-rise
Commute by transit
25%
Population
30,600

Languages spoken most at home besides English: Portuguese 3.2%, Yue (Cantonese) 2.6%, Italian 1.6%, Greek 1.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Palmerston-Little Italy (2025): about the Toronto average, up 15% from the year before.

  • Assaultabout average
  • Break and enter35% above average
  • Auto theft49% below average
  • Robbery45% above average
  • Theft from vehicles33% below average
  • Shootingsabout average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby

No planning applications within 500 m in the last five years.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 3 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 2.0 km
  • 🚧 King West GO Transit2.0 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

16 permits on this block of the street in the last 2 years, including 2 new homes.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

63 City street trees within 100 m, mostly maples. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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