8 Palamar Road
8 Palamar Road
$948,000
3 days on market
About This Listing
Welcome to this charming solid-brick bungalow offering an exceptional opportunity for first-time buyers, growing families, renovators, and investors alike. This bright and well-built 2-bedroom, 2-bathroom home features approximately 934 sq. ft. of comfortable main-floor living, plus an additional bedroom in the basement. Set on a spacious 50 x 120 ft. lot with no sidewalk and a private driveway accommodating up to four vehicles, this property offers the space, flexibility, and potential that is increasingly difficult to find. Move in and enjoy the home as it is, renovate and personalize it to your taste, or unlock its full potential by finishing the basement for additional living space, an in-law setup, or a potential income-producing suite. The generous lot also presents exciting possibilities for a second-storey addition or a larger-scale renovation. Located in a peaceful, family-friendly neighbourhood close to TTC, major highways, shopping, parks, schools, Humber River Hospital, and everyday amenities, this is an outstanding opportunity to establish roots in a well-connected Toronto community. Whether you're looking for a solid starter home, an investment property, or your next renovation project, this is a property full of possibilities. "Zoning & Development Summary is available upon request." Come see the potential for yourself!
| Monthly Mortgage (P&I) | $4,130 |
| Property Tax (MLS) | $379 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $4,510 |
Down payment: $189,600 (20.0%) · Mortgage: $758,400
Property tax uses MLS annual tax of $4,550/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX EXPERTS
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Data last updated: August 22, 2026 at 06:26 p.m.