Published 19 October 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
Building at a glance · Trinity-Bellwoods
The Europa in one look.
308 Palmerston Ave, Toronto
Built
2007
Storeys
7
Suites
113
Developer
Graywood & Beaverhall Homes
Corporation
TSCC-1883
Walk Score
99
Free · about 45 seconds · no obligation
What is your unit at The Europa worth today?
Floor, exposure, parking and this building’s own recent sales move the number. Your estimate appears instantly, and a written CMA from me is one tap after.
- Uses this building’s own recent sales
- Adjusts for floor, view and parking
- Your number appears instantly
How you get around
Scores from Walk Score®
Walk Score
Walker's Paradise
Transit Score
Rider's Paradise
Bike Score
Biker's Paradise
Transit, nearest first
- 506College St at Euclid Ave506 Carlton streetcarSteps away
- 94WellesleyTTC bus0.6 km
- 63OssingtonTTC bus1.0 km
- 2Bathurst stationLine 2 Bloor–Danforth1.1 km
- 126ChristieTTC bus1.2 km
- GOExhibition GOLakeshore West line2.3 km
- UPUnion stationUP Express · Pearson to Union2.7 km
TTC is renewing streetcar track at Long Branch Loop through late 2026; some Lake Shore streetcar trips run as buses.
Distances are straight-line from the building.
How far is everything?
From the front door, in kilometres.
Schools for this address
Public schools from the TDSB school locator, checked 18 October 2026. Boundaries change: confirm with the board before you buy.
ElementaryJK–6
Charles G Fraser Junior Public School
79 Manning Ave, Toronto
0.8 km · ~13 min walk
Zoned for this address
MiddleGr 7–8
King Edward Junior and Senior Public School
112 Lippincott ST, Toronto
0.4 km · ~6 min walk
Zoned for this address
High schoolGr 9–12
Harbord Collegiate Institute
286 Harbord St, Toronto
0.7 km · ~11 min walk
Zoned for this address
Catholic elementary
St Francis of Assisi Catholic Elementary School
0.4 km · ~6 min walk
Nearest, confirm zoning
Catholic elementary
Pope Francis Catholic Elementary School
1.0 km · ~16 min walk
Nearest, confirm zoning
Catholic secondary
St Mary Catholic Academy Secondary School
1.8 km
Nearest, confirm zoning
French-language · Viamonde (public)
Ecole Elementaire Pierre Elliott Trudeau
0.5 km · ~8 min walk
Nearest, confirm zoning
Catholic (TCDSB) and French-language schools shown are the nearest to the building, not confirmed zoning. Check the TCDSB school locator, Viamonde or MonAvenir.
By the numbers
What units at The Europa actually trade for
| Unit type | Sold | Median price | Leased | Median rent |
|---|---|---|---|---|
| 1 bed | 4 | $598,500 | 5 | $2,995/mo |
Table covers the last 24 months. TRREB MLS® System aggregates; a median is shown only with 3 or more deals, and sizes come from listing ranges. Not an appraisal: get an estimate for your unit.
Living here
Renters, Airbnb and elevators at The Europa
Do mostly owners or renters live here?
Renter-heavy building. Of 18 deals here in the last 24 months, 12 were leases and 6 were sales. A high lease share usually means more investor owners, more move-ins and a deeper pool of rental comparables.
Can you Airbnb a unit at The Europa?
No active City registrations here right now. In Toronto you can only host in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly registration and 6% accommodation tax. You cannot buy here to run it as a full-time Airbnb. Check the condo’s rules in the status certificate before you count on it.
How reliable are the elevators?
Ontario requires residential buildings to report any elevator outage lasting 48 hours or more, and this address has none on record. Elevators still need modernizing every 25 to 30 years, so check the reserve fund study for the date.
Sources: TRREB MLS® System lease and sale counts; City of Toronto short-term rental registrations (Open Data, 18 Oct 2026); TSSA Residential Elevator Availability portal.
Before you buy here
Five things the listing will not tell you about The Europa
- Reserve fund health. Ask for the latest reserve fund study and its date. A thin fund in an older building usually means fee jumps or a special assessment.
- Special assessments and big repairs. Check the status certificate for planned levies and for balcony, garage, window or elevator work.
- Insurance deductible. Find the corporation’s deductible for water damage. If it is higher than your own policy covers, raise your coverage before closing.
- Fee trend. Compare this year’s budget with last year’s. Rises of 2–5% a year are typical; bigger jumps need an explanation.
- Lawsuits and rules. Look for legal claims against the corporation, and for rules on pets, short-term rentals and leasing.
Send me the status certificate and I will flag anything that matters before your conditional period runs out.
Get my status certificate reviewedWatch this building
Know the moment a unit at The Europa lists or sells.
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- New listings for sale or rent here
- What units sold for, with my read on it
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Building alerts
Takes about twenty seconds.
Eat, drink and shop nearby
Within about a 10-minute walk.
Restaurant
Bar Raval
Steps away
Restaurant
Dailo Restaurant
Steps away
Thai
Naari Thai BBQ
Steps away
Restaurant
Alice Restaurant & Bar
Steps away
Restaurant
Contrada Restaurant
Steps away
Coffee
Manic Coffee
0.3 km · ~5 min walk
Places from OpenStreetMap. Check hours before you go.
Parks nearby
- Grace - College Parkette
- Healey Willan Park
- The Doctors' Parkette
Nearest grocery
FreshCo
0.3 km · ~5 min walk
Prices: TRREB MLS® System aggregate medians for 308 Palmerston Ave, last 12 months (updated 18 October 2026), compiled by Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage; deemed reliable, not guaranteed. Schools: TDSB school locator; Catholic and French schools: nearest by distance. Transit and scores: Walk Score® and TTC/GO station locations. Nearby places: OpenStreetMap. Distances are straight-line estimates.
The Europa is the building I show buyers who want Little Italy but not a semi with a 100-year-old furnace. It is a seven-storey, 113-suite condo at College and Palmerston, finished in 2007, with a concierge and a fee that already covers heat, cooling and parking. There is very little else like it on this stretch of College. I’m Jatin Dua, RE/MAX Quantum Realty.
Quick answer
The Europa is a seven-storey, 113-suite condominium at 308 Palmerston Avenue, Toronto, at College Street in Little Italy, part of the Queen West, Trinity-Bellwoods, Kensington and Little Italy area. It was developed by Graywood Developments and Beaverhall Homes and completed in 2007. The condominium corporation is TSCC-1883, registered on 20 September 2007, and condos.ca lists ICC Property Management as manager. Suites run from about 450 to 1,267 sq ft. The fee covers common elements, heat, air conditioning, building insurance, parking and water.
The Europa at a glance
A condo in a neighbourhood of houses
Little Italy is mostly Victorian and Edwardian houses, with shops and restaurants along College. Condo choices here are few, and most are small conversions or boutique buildings. The Europa is one of the larger options, and it was built new rather than converted.
At seven storeys, about 22 metres according to one listing site, it sits at the height of a mid-rise. It does not tower over the houses around it, but it is tall enough that upper suites see past the rooftops. The penthouse level is where you find the larger plans.
The developers were Graywood Developments and Beaverhall Homes. I could not find a published architect for the building, so I have left that out rather than guess. What matters more at this age is how the building has been run since 2007, and that is in the reserve fund study and board minutes, not the sales brochure.
Small suites at the bottom, real homes at the top
Condos.ca records suites from about 450 to 1,267 square feet. Right now, two of the three listings are under 500 square feet: a studio and a compact one-bedroom. That end of the building is about location first and space second.
At the top of the range, two-bedroom-plus-den plans and penthouse suites give you real room, which is rare in Little Italy outside a house. A downsizer selling a semi nearby can stay in the neighbourhood here without managing stairs, snow or a roof.
With a range that wide, the building average per square foot tells you less than usual. A small studio will always trade higher per square foot than a big penthouse, so compare a suite with others of the same size in this building, not with the building average.
I could not verify ceiling heights or floor plans from a published source, so ask for the plan of any suite you are serious about. Measure the bedroom in a sub-500-square-foot plan before you assume a queen bed and a dresser will both fit. Storage is the other thing small plans give up first, so check whether the suite comes with a locker as well.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
What the fee covers, and why it looks high
Condos.ca lists the fee as covering common elements, heat, air conditioning, building insurance, parking and water. Bundled heat and cooling is standard in buildings of this age and less common in newer ones, where you pay your own heating and cooling meter.
On the current listings, fees run from about $514 to $1,364 a month. On the smaller suites that works out to more than a dollar per square foot, which looks expensive next to a newer tower. Part of it is the inclusions, and part is the cost of a staffed front desk shared among 113 suites.
A concierge and security guard are listed among the amenities, and staffing is usually the single biggest line in a small building’s budget. That is worth paying for if you value it. If you do not, know that it is a large share of what your fee buys.
Parking is included in the fee, but that does not mean every suite has a space. Confirm in the status certificate whether the suite you want has a parking unit and a locker, because in this neighbourhood a parking space is hard to replace.
College and Palmerston, day to day
You are on the College Street strip, with cafés, restaurants and bars a short walk in either direction and the College streetcar at the corner. North of College, Palmerston becomes a tree-lined boulevard of large houses with its well-known ornamental street lamps, which makes for one of the nicest walks in the west end.
The flip side of a lively street is noise. College gets busy on summer evenings and weekends, and patios stay open late. Suites facing College or the corner will hear more than suites on the quieter side, so visit on a Friday night before you commit.
Kensington Market, Trinity Bellwoods Park and the University of Toronto are all within reach on foot or by streetcar, and the full transit and walkability details are in the data panel on this page. For a buyer who works downtown or at the hospitals, this is a practical address as well as a pleasant one.
What The Europa costs
Condos.ca puts the building average at about $864 per square foot. That is a reasonable figure for a 2007 concierge building in a neighbourhood with very little condo supply, and lower than most new construction in the west end.
Three suites were listed for sale at the time of writing, asking from $449,900 to $924,999. Monthly fees on those listings ran from $514 to $1,364.
With so few listings and none for rent, the sold aggregates in the data panel are the better benchmark. When you compare with a newer building, add back its heating and cooling bills and a parking space, because the gap in monthly cost is usually smaller than the fee alone suggests.
Building specifications
| Building name | The Europa |
| Address | 308 Palmerston Ave, Toronto |
| Developer | Graywood Developments and Beaverhall Homes |
| Storeys | 7 (about 22 metres) |
| Total suites | 113 |
| Condo corporation | TSCC-1883 |
| Registered | 20 September 2007 |
| Property management | ICC Property Management (per condos.ca) |
| Suite sizes | Approximately 450 to 1,267 sq ft |
| Maintenance fees | About $514 to $1,364 a month across current listings |
| Fees include | Common elements, heat, air conditioning, building insurance, parking, water |
| Not included | Hydro |
Amenities at The Europa
The amenity list is about staffing and security rather than leisure: a concierge, a security guard, a party room and a meeting room. Condos.ca does not list a gym, though one listing site does, so check in person if that matters to you.
Jatin’s honest take on The Europa
Who this building suits
Buyers who want to live in Little Italy without owning a house: singles and couples who work downtown, students’ parents buying a long-term suite, and downsizers from the surrounding streets who want a concierge and one floor. The larger plans suit people who would otherwise be shopping for a semi.
What I’d want you to check
Confirm parking and locker ownership in the status certificate. Condos.ca notes pet restrictions, so read the rules before you bring a dog. At almost 20 years old, the building is in the window where the garage, roof, windows and mechanical equipment start to show up in the reserve fund study, so read it closely and ask for the fee history. And spend an evening on the street to judge noise for your suite’s exposure.
The value question
At about $864 per square foot with heat, cooling and parking in the fee, The Europa is fair value for the neighbourhood, because the alternative in Little Italy is usually a house or a small conversion with no staff. The small suites are an expensive way to buy square footage, but a reasonable way to buy the address. For an owner who plans to stay, I would focus on the one-bedroom-plus-den and two-bedroom plans.
Free building report: The Europa
Send me your email and I’ll put together a current report on The Europa — real sold comparables, what’s listed right now, and what the maintenance fees actually cover.
- Every sale in the building over the last 12 months
- Current active listings and asking prices
- Maintenance fee breakdown and what’s included
- My read on which exposures and floors hold value
Tell me what you are planning
Three quick answers so I come back with something useful, usually the same day.
Thinking about buying or selling here?
I work this area every week and I will give you a straight answer, including when the answer is to wait. No pressure, and no drip campaign you cannot get out of.
Call or text 833-330-1925 Send me a message
Jatin Dua, Broker of Record — RE/MAX Quantum Realty Inc., Brokerage. Not intended to solicit buyers or sellers currently under contract with another brokerage.
The Europa — frequently asked questions
Who developed The Europa?
Graywood Developments and Beaverhall Homes. I could not find a published architect.
When was 308 Palmerston Ave built?
It was completed in 2007. TSCC-1883 was registered on 20 September 2007.
How many suites and storeys does it have?
Seven storeys and 113 suites, with sizes from about 450 to 1,267 square feet.
What do the maintenance fees include?
Common elements, heat, air conditioning, building insurance, parking and water. Hydro is separate.
Does The Europa have a concierge?
Yes. Condos.ca lists a concierge and a security guard, which is uncommon for a building of this size in Little Italy.
Is there a gym?
Condos.ca does not list one, but another listing site does. Check in person before you rely on it.
Are pets allowed?
Condos.ca notes pet restrictions. Read the declaration and rules for the details before you buy.
Who manages the building?
Condos.ca lists ICC Property Management.
Does every suite have parking?
Parking is listed as included in the fee, but not every suite necessarily has a space. Confirm it in the status certificate.
Who does The Europa suit?
People who want Little Italy with a concierge and one-floor living, from first-time buyers in the small suites to downsizers in the larger plans.
How much do condos at The Europa sell for?
Over the last 12 months the median resale at The Europa was $598,500, across 4 sales. The typical unit sold in 8 days at about 98% of the asking price. That works out to roughly $853 per square foot.
How much is rent at The Europa?
The median lease at The Europa over the last 12 months was $3,000/mo, from 7 leases. Units typically leased in 6 days.
What does each unit type cost at The Europa?
Over the last 24 months: One-bedrooms sold for a median $598,500 and rented for $2,995/mo. Each median uses three or more deals.
What rental yield does The Europa offer an investor?
At a median price of $598,500 and a median rent of $3,000 a month, the gross yield is about 6.0%, before maintenance fees, property tax, insurance and mortgage interest. Net cash flow depends on the fee and your down payment, so run the numbers for the exact unit.
Do mostly owners or renters live at The Europa?
Mostly renters. Of the deals here in the last 24 months, 67% were leases and 33% were sales.
Can you Airbnb a unit at The Europa?
Only in limited cases. Toronto allows short-term rentals only in your principal residence, a whole unit for at most 180 nights a year, with a $390 yearly City registration and 6% accommodation tax. The City’s register shows no active short-term rental registrations at this address. The condo’s declaration and rules can ban short stays outright, so check them in the status certificate.
Has The Europa had elevator outages?
None on record. Ontario requires residential buildings to report elevator outages of 48 hours or more to TSSA, and this address has no reported outage since July 2022.
What schools is The Europa zoned for?
For TDSB public schools, the address is zoned for Charles G Fraser Junior Public School (Elementary, JK–6), King Edward Junior and Senior Public School (Middle, Gr 7–8), Harbord Collegiate Institute (High school, Gr 9–12). Catholic and French-language schools are listed on this page by distance. Boundaries change, so confirm with the board before you buy.
What is the closest subway or GO station to The Europa?
The nearest subway is Bathurst station (Line 2 Bloor–Danforth), 1.1 km away; the nearest GO station is Exhibition GO on the Lakeshore West line, 2.3 km; UP Express runs from Union station, 2.7 km; the 506 Carlton streetcar stops 0.1 km away; the closest bus is the Wellesley (TTC bus). Distances are straight-line from the building.
What is the Walk Score of The Europa?
Walk Score 99, Transit Score 93 and Bike Score 91. Most daily errands can be done on foot.
What restaurants and shops are near The Europa?
Within about a 10-minute walk: Bar Raval (Restaurant), Dailo Restaurant (Restaurant), Naari Thai BBQ (Thai), Alice Restaurant & Bar (Restaurant), Contrada Restaurant (Restaurant). The closest grocery store is FreshCo, 0.3 km away.
Which parks are near The Europa?
Grace - College Parkette, Healey Willan Park, The Doctors' Parkette are the closest green spaces.
What is my unit at The Europa worth?
Use the free AI estimator at the top of this page. It uses this building’s own recent sales and adjusts for floor, view and parking, and your number appears instantly. For a written CMA, I will price your exact unit against the latest comparable sales.
How do I find out when a unit at The Europa lists or sells?
Join the building alerts on this page. I watch this building by hand and will tell you when a unit lists, sells or drops in price, with my read on whether it is priced right.
Looking at Queen West, Trinity-Bellwoods, Kensington and Little Italy more broadly? Start with my Toronto community guide — the neighbourhoods, what each pocket is like, and how they compare.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
About the author — Jatin Dua, Toronto condo broker
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty. I work condo buildings across Toronto and the GTA every week, including Queen West, Trinity-Bellwoods, Kensington and Little Italy. What buyers and sellers usually need is someone who knows the individual buildings: which exposures get the light, which corporations keep healthy reserve funds, and which units are priced past what they will appraise for.
If you’re buying or selling at The Europa, I’ll give you the honest version — including when I think you should walk away. Reach me at [email protected] or 833-330-1925, or book a free consultation.
More Queen West, Trinity-Bellwoods, Kensington and Little Italy building guides: 109OZ · 110 Palmerston Avenue · 1181 Queen West Condos · 12 Degrees · 130 Clinton Street Townhouses · 150 Beverley Street Condos
More resources: GTA condo directory · Building sold report · Book a call
© 2026 Jatin Dua, Broker of Record, RE/MAX Quantum Realty Inc., Brokerage. The building data on this page was compiled and verified by Jatin Dua. Reproduction or republication, in whole or in part, requires written permission. To request permission, call 833-330-1925.