Rare Two-Storey Penthouse at 308 Palmerston Ave! Located on prestigious Palmerston Avenue in the heart of Little Italy, this bright and spacious 2-bedroom + den, 2-bathroom penthouse offers a unique blend of condo convenience and house-like living. Enjoy an open layout, soaring ceilings, floor-to-ceiling windows, and an impressive private terrace with beautiful, unobstructed views of the South Annex's mature tree canopy and historic mansions. The two-storey layout offers excellent separation between living and sleeping spaces, while the terrace provides a wonderful extension of the living area. Includes 1 underground parking space and 1 storage locker. Europa is a welcoming, well-established building cherished by its long-term residents, with proactive management and a healthy reserve fund. Penthouse opportunities here are exceptionally rare. While the suite offers an exciting opportunity to update and personalize the space, its outstanding layout, views, and location provide an exceptional foundation for creating a truly special home. Steps to parks, transit, cafés, restaurants, shopping, the University of Toronto, hospitals, and everything this vibrant neighbourhood has to offer. A rare opportunity to make a distinctive two-storey penthouse your own in one of Toronto's most desirable locations.