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LOWER - 263 GRACE STREET, Toronto (Palmerston-Little Italy) — available at $2,250/mo. Streamlined process, move in quickly. 100% free for tenants — we handle everything.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Basement | 3.44 x 1.73 meters |
| Kitchen | Basement | 3.44 x 2.75 meters |
| Living room | Basement | 3.45 x 3.5 meters |
| Bathroom | Basement | 3 x 1.65 meters |
| Primary Bedroom | Basement | 3.9 x 4.64 meters |
| Den | Basement | 1.79 x 4.64 meters |
What are the ongoing costs beyond the mortgage?+
Budget for heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
What's the parking situation?+
This property includes 0 spaces — Detached Garage, No Garage.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Could this work as an investment property?+
The basement description mentions: Apartment in basement, 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.
Who is LOWER - 263 GRACE STREET best suited for?+
With 2 bedrooms and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance rental.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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