Old Toronto · Toronto Neighbourhood Guide
Palmerston-Little Italy
A middle-income, mixed owner-and-renter pocket of Old Toronto.
13,120
Population
36.8
Median Age
$88,000
Median Household Income
2.1
Avg. Household Size
What It Rents For
Renting in Palmerston-Little Italy
$1,945
Average Rent / Month
3.9%
Rental Vacancy Rate
+1%
vs. GTA Average ($1,917)
Source: CMHC Rental Market Survey, October 2025 (Toronto (West) zone). Adapted from CMHC data; this does not constitute CMHC endorsement.
About Palmerston-Little Italy
Palmerston-Little Italy is a balanced mix of owners and renters — close to 41% own and 59% rent. Median household income, around $88,000, tracks close to the Toronto figure. It's a mixed-age community, with a steady, settled feel.
Rents track close to the GTA average of $1,917, making it a practical part of the city for buyers and tenants alike. Garden suites and full renovations are the most active project types here — adding income or living space on the deep lots common across the area.
We've been building in Old Toronto since 1988. In Palmerston-Little Italy, that means honest answers about what's feasible, what it costs, and what adds real value — before you commit.
What We Build Here
Building & Renovating in Palmerston-Little Italy
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We take on 7–10 projects at a time. Each one gets our full attention.