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    The Europa

    308 Palmerston Avenue

    0for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    7
    Number of Units:
    113
    Condo Completion:
    2007
    Condo Demand:
    Medium
    Unit Size Range:
    396 - 1,300 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for The Europa

    Amenities

    Security System
    Party Room
    Concierge
    Indoor Parking
    Gym Room
    Rooftop Deck

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 308 Palmerston AvenueThe Europa

    Built in 2007, the 7-storey building is robust, although it is prominent without towering too high over its neighbours in Trinity Bellwoods. The Europa Condos is located on a corner lot at 308 Palmerston Avenue North, and while the building takes plenty of space along College, the entrance is on Palmerston. This way, residents don’t have to scurry through foot traffic in order to reach the front doors of the building.

    Also, instead of the front entryway being sandwiched between doors to busy shops, the developers were being nothing less than thoughtful when they decided to place a landscaped garden on either side.

    The elegant yet classic façade is unassuming — just what one wants from a new building entering an older neighbourhood. Without intruding on long standing neighbours, the stone base, red brick, and black window finishes provide just the right amount of freshness to the area.

    While the list of amenities isn’t superfluous, there are just enough extras to supply residents with comfort and convenience. Those living at 308 Palmerston North can make use of the building’s party room, gym, concierge service, and underground parking.

    The Suites

    The 113 units at the Europa Condos range in size just enough for a variety of buyers to find the Toronto condos for sale they're looking for. Suite sizes range from around 500 to 1,300 square feet, and vary from bachelor units to three bedroom plus den units.

    Size aside, the homes at 308 Palmerston North are all finished with luxurious materials, including hardwood, granite, and stainless steel. Track lighting is a common feature, as are chef’s kitchens, luxurious bathrooms, and Juliet balconies or terraces.

    In terms of aesthetics, the open concept suites are modern, without being too minimalist. Some even cover two storeys, for those looking for additional privacy. Penthouses will be most appealing to those looking for a spacious place for their family to call home, and even furry friends are welcome thanks to the pet friendly policy at the Europa Condos.

    The Neighbourhood

    While Toronto doesn’t always evoke feelings of Europe, Little Italy is something of an exception. The streets may not be as small as those in charming European towns, and the history may not reach as far back, but the food is almost as good.

    While residents of this building technically live in Trinity Bellwoods, they're just steps from College Street, which is home to some of the best — and most authentic — Italian restaurants in the city. And while that doesn’t seem too remarkable, it becomes more impressive once you learn that the area has been home to some of these businesses since the 1920s. Between Grace and Clinton, visitors to this area can even check out the Italian Walk of Fame.

    Entertainment is also abundant in the area. Those in need of a relaxing evening can head over to the Royal theatre, which screens independent and global films, as well as Hollywood hits, and even 35mm films. Numerous bars are also scattered around Little Italy, from dive bars to clubs and everything in between. Sneaky Dees is just a few blocks away, where residents can munch on what are arguably the best nachos in the city.

    A number of independent fruit markets can be found along College, while a large Metro is just a 10-minute walk away, at College and Shaw. Alternatively, a great spot for groceries is the nearby Kensington Market. Here, residents can find specialty shops selling global cheeses, artisanal breads, and fresh meat and fish.

    Transportation

    Traveling to and from 308 Palmerston is simple, thanks to its close proximity to the major intersection of Bathurst and College. Those without cars have their pick between east-west streetcars that offer transfers onto the Yonge-University-Spadina line at Queen’s Park Station, or north-south streetcars that land passengers at Bathurst Station on the Bloor-Danforth Line.

    Drivers can head out of the house using these two arterial roads as well. Continuing south on Bathurst will land one as far as Lake Ontario, where drivers can drop travelers at the Billy Bishop Toronto City Airport, or connect onto the Gardiner Expressway. Alternatively, driving north up Bathurst is a great way to reach the 401 for those heading to Pearson International Airport or into the suburbs.

    Even cyclists can get around with ease — and peace of mind. The small, one-way streets in the area are great for biking, while Harbord and Spadina are both equipped with bike lanes as well.

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    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    24,520
    Average Individual Income
    $62,297
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $101,900
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    39%
    Detached
    28%
    Semi Detached
    25%
    Duplex
    4%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    53%
    Cantonese
    14%
    Mandarin
    13%
    Other
    13%
    Tamil
    3%
    Tagalog
    2%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    37%
    High School
    24%
    College
    16%
    None
    15%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    9%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%

    Days on Strata

    Units at The Europa spend an average of
    18
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 20 condos in the Trinity Bellwoods area

    Sold Units

    7
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    The Europa offers the
    ?
    best value out of 20 condos in the Trinity Bellwoods neighbourhood

    Appreciation Rank

    The Europa has the
    ?
    highest ROI out of 20 condos in the Trinity Bellwoods neighbourhood

    Rental Yield

    The Europa yields the
    ?
    highest rent prices out of 20 condos in the Trinity Bellwoods neighbourhood

    High Demand

    The Europa is the
    ?
    most popular building out of 20 condos in the Trinity Bellwoods neighbourhood

    Transaction Insights at 308 Palmerston Avenue

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$525,000 - $705,000$690,018$777,000 - $900,000$1,206,000No Data
    Avg. Cost Per SqftNo Data$951$1,121$898$1,052No Data
    Avg. Wait for Unit Availability2157 Days354 Days240 Days452 Days1925 DaysNo Data
    Ratio of Units in Building5%24%41%23%7%2%

    Maintenance Fees

    The Europa vs The Trinity Bellwoods Area

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