$1,324,900
542 CRAWFORD STREET
Beds
4
Baths
3.1
Sqft
—
Year
—
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Welcome to 542 Crawford Street, an exceptional opportunity to create your future in the heart of Little Italy, one of Toronto's most vibrant and tightly held neighbourhoods. Set on a deep 16.5 x 128.5 ft lot with rear laneway access to surface parking, this classic circa-1923 semi-detached home blends timeless Toronto character with remarkable flexibility. Zoned as a triplex and currently configured as two self-contained units, the property offers a rare chance to tailor the space to suit your lifestyle - whether envisioning a spacious single-family home, multi-generational living, or a thoughtfully designed income property. Offering approximately 1,700+ sq ft above grade plus basement space, the home features generous proportions and the authentic charm of a classic downtown residence, providing the ideal foundation for buyers looking to personalize a home in a premier urban location. Step outside and enjoy everything that makes this neighbourhood special - College Street's renowned cafés and restaurants, Christie Pits Park, Kensington Market, Trinity Bellwoods, excellent transit access, and a true sense of community just moments from your door. Properties offering this combination of location, scale, and multi-residential zoning are increasingly hard to find. A rare opportunity to reimagine, redesign, and create lasting value on one of downtown Toronto's most desirable streets. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Palmerston-Little Italy
- Common interest
- Freehold
- Lot dimensions
- 16.5 x 128.5 FT
- Bedrooms
- 3 above grade, 1 below grade
- Parking
- 2 total
- Stories
- 2.5
- On market
- Mar 10, 2026
- Status changed
- Apr 18, 2026
- Annual tax
- $7,149 (2025)
- Photos
- 32
- MLS#
- C12865176
- Area
- TORONTO_(PALMERSTON-LITTLE_ITALY)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
Lot
Cash on cash
-11.56%
Cap rate
3.58%
GRM
16.7
Break-even rent
$9,311
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Palmerston-Little Italy). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.