Toronto neighbourhood guide
Palmerston and Little Italy real estate: living here, the homes and the market
Tree-lined streets, classic Toronto homes and some of the best restaurants in the city on College Street. Here is what it is like to live in Palmerston and Little Italy, what you can buy and what the numbers say.
By Spiro Vrysellas, Broker, Vrysellas Team, Elevate Realty Inc., Brokerage. Updated October 2026.
Why we love Palmerston and Little Italy
"I am nostalgic for the tree-lined streets and beautiful homes here. This is what I think of when I think of Toronto."
Spiro Vrysellas, Broker
Palmerston Boulevard, with its classic street lamps and big old trees, runs through the heart of the neighbourhood, and College Street is a short walk away. In this market there are some great opportunities to move into this area, and we can help you find them.
Where to eat and what to do
- Zitto Zitto Taverna. A College Street favourite for Italian food.
- Trattoria Taverniti. Classic Italian, right next door on College.
- Pennies. Grab an affordable drink and the free popcorn.
- Bar Raval. One of the most talked-about bars in the city, also on College.
- Cafe Diplomatico. The Little Italy patio institution for coffee and people watching.
The homes
Palmerston and Little Italy are known for large Victorian and Edwardian homes, many of them semi-detached or detached on deep, tree-lined lots, with a mix of low-rise buildings and shops along College. Many of the bigger houses can include a rental unit, and some have already been converted into multiple units.
Market snapshot
TRREB reports this area as its own community, Palmerston-Little Italy. Here is what it reported for the second quarter of 2026.
Source: TRREB Community Housing Market Report, Q2 2026 (April to June), all home types. Prices vary by home type and street. Ask us for recent sales near you.
Who Palmerston and Little Italy suits
- Buyers who want a classic Toronto house on a quiet, tree-lined street.
- Families who want walkable restaurants, shops and schools.
- Investors looking at larger homes that can hold a rental unit.
Frequently asked questions
Where is Palmerston and Little Italy?
In downtown Toronto's west end, around College Street between Bathurst Street and Ossington Avenue, with Palmerston Boulevard running north to Bloor.
Is it a good time to buy in Little Italy?
There are some great opportunities in this market. Homes here rarely come up, so being ready when the right one does matters.
How do I get around?
The 506 College streetcar runs through the neighbourhood, the 511 Bathurst streetcar is close by, and Line 2 is a short walk north on Bloor.
More from the Vrysellas Team
Trinity Bellwoods neighbourhood guide Seaton Village and the Annex neighbourhood guide How much mortgage you can qualify forMarket figures are from TRREB and are provided for general information only. Not intended to solicit buyers or sellers currently under contract.