The south-facing unit is in the Europa building in Little Italy.Jordan Prussky Photography/Jordan Prussky Photography
308 Palmerston Ave., No. 305, Toronto
Asking price: $725,000 (September, 2025)
Selling price: $703,000 (November, 2025)
Previous selling price: $277,469 (October, 2007)
Taxes: $3,240 (2024)
Days on the market: 64
Listing agent: Christopher Bibby, Re/Max Hallmark Bibby Group Realty
The living room and bedroom both have Juliet balconies.Jordan Prussky Photography/Jordan Prussky Photography
The action
The owner of this one-bedroom-plus-den unit at the Europa building saw a small upward blip in condo sales at the end of the summer as a good omen and decided to put it on the market after Labour Day. They received one offer, but negotiations proved unsuccessful. In November, another buyer came forward with an offer that was 97 per cent of the asking price, and the seller acquiesced.
“We went out at a price that was negotiable,” said agent Christopher Bibby. “We’re not listing properties at a price thinking we’d get 100 per cent.”
“The second offer was more sensible and in line with what we were trying to accomplish.”
The 764-square-foot unit could boast some advantages over other units in the 18-year-old building on College Street.
“We were at the back of the building, overlooking amazing residential, freehold houses, and we had a view of the CN Tower,” Mr. Bibby said.
“The majority of one-bedroom plus dens in that building are 625 or 655 square feet. We were over 700 square feet. That definitely made ours more attractive.”
Jordan Prussky Photography/Jordan Prussky Photography
What they got
This south-facing unit has oak hardwood flooring, full-height windows, and Juliet balconies in the living room and bedroom.
There are two full bathrooms, a U-shaped kitchen with a breakfast bar, and a den by the entry foyer.
The unit has one parking spot and a storage locker. Monthly fees of $941 cover the cost of water, heating, concierge, and use of a common gym.
The unit is outfitted with oak hardwood flooring.Jordan Prussky Photography/Jordan Prussky Photography
The agent’s take
“Little Italy is not a condo-saturated neighbourhood,” said Mr. Bibby. “That makes it special.”
“There are a lot of great restaurants and little cafes, but it still has that community, neighbourhood feel.”