Monthly rent

$2,450

Beds

Baths

Sqft

650

Monthly rent	$2,450
Beds	1
Baths	1
Sqft	650

5+ Days Ago

Location

Palmerston Blvd, Toronto, ON M6G 2N6, CAN|South Annex

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About Palmerston Blvd

Modern 1-Bedroom Lower-Level Suite for Rent in Little Italy, Toronto Nestled on one of Toronto’s most iconic, tree-lined boulevards in the heart of vibrant Little Italy, this beautifully designed lower-level suite offers contemporary living in a fully renovated home. This newly completed one-bedroom apartment, designed by VFA// Architecture + Design, is being offered for rent for the very first time since its completion in February 2026. Suite Features: Spacious layout with over 9 ft smooth ceilings Heated polished concrete floors throughout Large modern windows providing abundant natural light Stylish kitchen with brand-new stainless steel appliances Quartz countertops and sleek tile backsplash Great bedroom with custom millwork closet Ensuite washer and dryer for added convenience Dedicated storage room – perfect for bikes or sporting equipment Custom roller shades installed throughout All utilities included Enjoy living in one of the city’s most sought-after neighborhoods, just steps from cafés, restaurants, parks, and transit. No pets please. Prospective tenants are kindly asked to provide: Letter of employment Credit score/report Recent pay stubs Referral letter

Neighborhood

South Annex

Post code

M6G 2N6

Type

Apartment for rent

Rent trends in South Annex

1-bedroom apartments at Palmerston Blvd cost about 2% more than the average rent price for 1-bedroom apartments in South Annex.

Median rents as of Jun 13 2026.

South Annex

Toronto

A table of 1-bedroom apartment rental data trends in Toronto
Month	Median Rent
June 2024	$2,400
July 2024	$2,386
August 2024	$2,384
September 2024	$2,366
October 2024	$2,347
November 2024	$2,312
December 2024	$2,300
January 2025	$2,300
February 2025	$2,303
March 2025	$2,300
April 2025	$2,281
May 2025	$2,257
June 2025	$2,242
July 2025	$2,222
August 2025	$2,200
September 2025	$2,193
October 2025	$2,171
November 2025	$2,150
December 2025	$2,150
January 2026	$2,149
February 2026	$2,129
March 2026	$2,102
April 2026	$2,100
May 2026	$2,099
June 2026	$2,122

A table of 1-bedroom apartment rental data trends in South Annex
Month	Median Rent
June 2024	$2,500
July 2024	$2,618
August 2024	$2,596
September 2024	$2,685
October 2024	$2,469
November 2024	$2,589
December 2024	$2,850
January 2025	$2,799
February 2025	$2,793
March 2025	$2,557
April 2025	$2,572
May 2025	$2,618
June 2025	$2,574
July 2025	$2,402
August 2025	$2,566
September 2025	$2,377
October 2025	$2,272
November 2025	$2,336
December 2025	$2,417
January 2026	$2,561
February 2026	$2,603
March 2026	$2,681
April 2026	$2,611
May 2026	$2,349
June 2026	$2,397

Affordability calculator

Can I afford to live at Palmerston Blvd?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$98,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $98,000 annually to afford this 1-bedroom monthly rent price of $2,450.

For more information on rent affordability, visit our rent calculator.

Getting around Toronto near Palmerston Blvd

Walking

10/10

No car? No problem. Everything you need is within a few blocks.

Driving

4/10

Roads are accessible, but parking may be a challenge.

Cycling

10/10

Helmets on–you can get anywhere in this cyclist-friendly, well-connected area.

Transit

10/10

Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for Palmerston Blvd, Toronto

Groceries

10/10

The nearest general grocery store is within a 5-minute walk, and there is also a vast number of specialist food stores nearby.

Shopping

10/10

A wide variety of fashion stores are within a short walk.

Cafes

10/10

A wide variety of cafés are within a short walk.

Restaurants

10/10

A wide variety of restaurants are within a short walk.

Primary schools

9/10

At least one elementary school within a 5-to-10-minute walk.

High schools

10/10

At least one high school within a 5-minute walk.

Parks

8/10

Several medium-size parks and other smaller parks in the area.

Nightlife

10/10

A wide variety of bars within a short walk.

Palmerston BlvdPalmerston Blvd, Toronto, ON M6G 2N6, CAN

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Amenities for Palmerston Blvd, South Annex

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Getting around Toronto near Palmerston Blvd

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Points of interest for Palmerston Blvd, Toronto

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Primary schools

High schools

Parks

Nightlife

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Homes in South Annex

Palmerston Blvd
Palmerston Blvd, Toronto, ON M6G 2N6, CAN