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424 EUCLID AVENUE, Toronto (Palmerston-Little Italy) — listed at $7,799,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
A rare architectural masterpiece where the craftsmanship of 1892 meets uncompromising modern design. Completely gutted, restored & reimagined in 2019, 424 Euclid Ave is an exceptional 4+1 bed, 5 bath residence in the heart of Palmerston-Little Italy, showcasing the romance & grandeur of its original architecture alongside extraordinary contemporary finishes. Original details have been lovingly restored & replicated throughout, including Romanesque arches, Queen Anne Revival elements, ceiling medallions, 12" baseboards, crown mouldings, hand-carved flower corner blocks & the original front door with period bronze hardware. Soaring 10'3" ceilings throughout the main flr, European white oak flrs & custom millwork create an atmosphere of refined warmth & timeless sophistication. The spectacular Bulthaup kitchen features Gaggenau appliances, Dornbracht fixtures & a dramatic centre island, flowing seamlessly to the dining & living spaces. A restored original fireplace (ornamental), stained glass, custom lighting, automated drapery & B/I speakers are among the many thoughtful details. Upstairs, the lux primary suite is a retreat, complete with custom millwork & a 5pc spa-inspired ensuite with steam shower, soaker tub & exquisite tilework. Additional bedrms & a sep office offer exceptional flexibility. The fully finished lower lvl adds incredible value with an ancillary apartment featuring 9' ceilings - perfect for guests, extended family or add'l income. Outside, professionally designed native gardens by landscape designer Shaun Booth include irrigation, gas line, controlled lighting, snowmelt & a 2-car carport. 200-amp service & infrastructure ready for a laneway house add further potential. Every detail has been considered, from radiant in-floor heating, a water filtration system, HRV, humidification, generator, security & integrated smart-home systems. A truly remarkable home where heritage craftsmanship & exceptional contemporary architecture exist in perfect harmony (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.05 x 3.91 meters |
| Bathroom | Third level | — |
| Laundry room | Third level | 2.62 x 2.49 meters |
| Mud room | Lower level | 6.27 x 3.63 meters |
| Living room | Lower level | 3.38 x 2.79 meters |
| Kitchen | Lower level | 3.91 x 3.18 meters |
| Bedroom | Lower level | 4.29 x 2.84 meters |
| Bathroom | Lower level | — |
| Dining room | Main level | 5.26 x 3.12 meters |
| Kitchen | Main level | 6.73 x 3.84 meters |
| Primary Bedroom | Second level | 3.89 x 3.81 meters |
| Bathroom | Second level | 4.39 x 2.51 meters |
| Bedroom 2 | Second level | 4.42 x 3.91 meters |
| Office | Second level | 2.54 x 1.63 meters |
| Bathroom | Second level | 2.9 x 2.54 meters |
| Bedroom 3 | Third level | 4.01 x 3.99 meters |
| Bedroom 4 | Third level | 4.72 x 3.91 meters |
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
How is the space laid out across floors?+
This is a 3-storey single family. The 5 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $14,778.41, heating is natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
What makes this a luxury property?+
At $7,799,000, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, Separate entrance, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Palmerston-Little Italy) before counting on it.
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