**OPEN HOUSE THIS SATURDAY - JAN 17th 2-4pm** In the heart of Palmerston-Little Italy, steps from the Annex, Harbord Village and Seaton Village, this Mirvish Village gem offers a rarely found balance of heritage character, scale, and modern comfort. With nearly 4000 square feet of finished space across four levels, this home presents a rare opportunity to live beautifully today - or to refine and tailor it to your own vision over time. Thoughtfully updated with wide-plank engineered hardwood, modern windows, and abundant natural light, the interiors feel both polished and inviting. The expansive kitchen - anchored by a large island and concealed walk-in pantry - opens to a sunken family room overlooking a private urban garden, perfect for entertaining or unwinding in privacy. Five generous bedrooms span the upper two levels, including a top-floor with 2 massive bedrooms and a private rooftop terrace with skyline views - a quiet retreat above the city. The finished lower level offers excellent ceiling height, ideal for recreation, guests, or a dedicated workspace. Mechanically robust and meticulously maintained, the home is equipped with a Viessmann high-efficiency boiler and ductless air conditioning, ensuring comfort in every season. A two-car garage and laneway suite feasibility study further elevate the property's long-term value, adding flexibility for future expansion or multi-generational living. Move in and enjoy the home exactly as it is - or reimagine it with your own bespoke touches. In one of Toronto's most storied neighbourhoods, 555 Markham Street is a lasting investment in space, quality, and possibility.
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
3-Storey
Total Approx Floor Area:
2500-3000
Lot Depth:
125'38.1 m
Lot Frontage:
22'6.71 m
Lot Shape:
Rectangular
Direction Faces:
East
Bedrooms:
5+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
10
Rooms Below Grade:
4
Heating type:
Water
Heating Fuel:
Gas
Fireplaces:
1
Foundation:
Unknown
Roof:
Unknown
Basement:
Finished
Fireplace Features:
Wood
Fireplace/Stove:
Yes
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Lane
Parking Spaces:
0
Total Parking Spaces:
2.0
Family Room:
Yes
Possession Details:
30-60 days
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Taxes:
$13,159 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
Palmerston-Little Italy
Fenced Yard, Public Transit, School, Place Of Worship, Library
Carpet Free, Built-In Oven, On Demand Water Heater
Porch, Deck
none
Note: Pictures with furniture are digitally staged rooms. Inclusions: fridge, dishwasher, built-in oven & microwave, S/S stove, S/S exhaust hood, 3 ductless A/C units with remotes, stacked washer & dryer (2nd floor), washer & dryer (basement), Viessmann Hi Eff. Gas Boiler, Garage Door Opener (as is).
Data was last updated January 17, 2026 at 01:15 PM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,788,000
Min list price:
$1,149,000
Max list price:
$2,780,000
Avg days on market:
46
Min days on market:
2
Max days on market:
173
These statistics are generated based on the current listing's property type
and located in
Palmerston-Little Italy. Average values are
derived using median calculations. This data is not produced by the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.