Toronto · Ward 11 · PRIVATE
481 Palmerston Blvd
Toronto, Ontario · postal area M6G · Palmerston-Little Italy
11 units · 3 storeys · built 1907
LTB orders, Jan–June 2026
0Rent control
Likely rent-controlledFire code
no violations in Toronto Fire's high-rise inspection recordsInvestment (5 yrs)
no permits on file since Aug 2021Property standards
1Building facts
Self-reported by the building owner or manager at RentSafeTO registration; City of Toronto open data.
Inspection breakdown
Common areas scored 0–3 by the City inspector at the latest RentSafeTO evaluation (3 = no issues found). Only areas assessed at this building are shown.
Neighbourhood & getting around · Palmerston-Little Italy
What rents cost here · Toronto West zone
Zone-wide market averages — not this building's rents| Unit | Vacant units rent for | Sitting tenants pay |
|---|---|---|
| bachelor | $1,671 | $1,400 |
| 1-bedroom | $2,025 | $1,787 |
| 2-bedroom | $3,050 | $2,235 |
| 3-bedroom+ | — | $3,214 |
The gap is what moving costs: a vacant 2-bedroom rents about 36% above what sitting tenants pay. Only 12.5% of units changed tenants in the year to the survey. Vacancy rate: 3.9%. Average rents in this zone rose 3.1% over the year (same-structure sample) †. CMHC Rental Market Survey, October 2025.
Region-wide asking rents (Toronto area (CMA), Q1 2026, Statistics Canada, Quarterly Rent Statistics): bachelor $1,760 · 1-bed $2,110 · 2-bed $2,660 · 3-bed $3,250. Rentals.ca & Urbanation National Rent Report, July 2026: City of Toronto average $2,577 across all unit types.
Getting around
Distances from this buildingStops within 500 m: 12
Bus routes: 7, 94
Streetcars: 511
Subway within 500 m: Line 2
24-hour night routes: 300, 307
Nearest subway: Bathurst Station · 444 m
Nearest intersection: Herrick & Palmerston · 33 m
Who lives in the area
Whole neighbourhood — not this buildingRenters paying 30%+ of income: 42.9%
Renters in subsidized housing: 5.7%
Median household income: $88,000
Average household: 2.1 people
Median age: 36.8
Homes in 5+ storey buildings: 5.1%
Moved in the past year: 18.9%
Residents: 14,054
Area safety
Whole neighbourhood — not this buildingWhat's nearby
Distances from this buildingCommunity centres: Native Youth Resource Centre 325 m · Bob Abate Community Recreation Centre 648 m
Libraries: Palmerston 366 m · Spadina Road 872 m
Schools nearby
Distances from this buildingMiddle: Lord Lansdowne Jr Sr & Da Vinci · 904 m
Secondary (high school): Harbord Collegiate Institute · 185 m
Catholic elementary: King Edward Jr & Sr Public School · 581 m
Catholic secondary: St Mary Catholic Academy Secondary School · 1.7 km
Score history
| Evaluation | Score |
|---|---|
| Oct 12, 2023 | 65 |
| Aug 18, 2025 | 87 |
Landlord and Tenant Board orders
How to read these orders and codes →
No final LTB orders were published for this address between January and June 2026. Earlier years will appear as Tribunals Ontario backfills its catalogue to 2021.