Second half strikes from record scorer Aguero – his 258th for the Club - and Torres were enough to earn us an incredible 19th successive away victory in all competitions and a record-equalling 11th straight win in the Premier League.
As with our Champions League win at Paris Saint-Germain in midweek, City proved a side transformed in the second half after a slow-burn first 45 minutes at Selhurst Park.
The latest triumph moved Pep Guardiola’s side 13 points clear at the top of the table with four games remaining and brought up 700 goals for City during the Catalan's time in charge.
And the mathematics are such that should Manchester United lose at home to Liverpool tomorrow afternoon we would be crowned champions for the third time in four seasons.
With the relentless schedule at its peak, Guardiola opted to make eight changes to his side for the trip to Selhurst Park.
But though we dominated possession and there were the familiar tents of hard work, resilience, and tactical fluidity to our play, space proved at a premium in the Palace half in a low-key first 45 minutes.
On a sun-drenched if chilly afternoon in south London, City had to wait 17 minutes before carving out our first serious opening.
After the England man had skipped inside two defenders, an opening goal beckoned as Sterling prepared to pull the trigger only for a last-gasp block by Tyrick Mitchell to put the winger off.
Roy Hodgson’s side had previous for causing City problems and the Eagles posed a threat when venturing forward.
And on 28 minutes City had to produce a timely double defensive block after a sweeping move up the right flank by the hosts spelt danger.
In the main though it was a low-key first 45 minutes but just as in Paris last Wednesday, a rejuvenated City soon upped the ante with a devastating double blast after the restart.
We nearly made a 52nd minute breakthrough Torres found space on the right edge of the box and dinked a delicate cross with Jesus waiting to convert only for Scott Dann to head clear over the bar.
We didn’t have to wait long for the all-important opener however – and, as so often, it was that man Aguero who made the breakthrough on 57 minutes.
Benjamin Mendy was the architect drifting down the left before pulling the ball inside the box.
Aguero’s first touch as he ran into the box opened up the chance and our record scorer then despatched a stunning 15 yard half volley to register, remarkably, what was his first-ever goal at Selhurst Park.
It was a marvellous goal and within 84 seconds we had doubled our lead and seized total control of the game through Torres.
The Spaniard gathered the ball on the edge of the area and curled a precise shot between Kouyate's legs and into the bottom left corner.
It was a reminder – if needed – of the quality and resilience running throughout City’s squad and two almost became three with Sterling cracking a shot against the post as the Palace goal came under siege.
But though we didn't ad to our tally it was a job well done - the very performance that is the stuff of champions.
PALACE: Guaita (GK), Ward, Kouyaté, Dann, Mitchell, Riedewald (Schlupp 62), Milivojevic, Zaha, Eze, Townsend (Ayew 82), Benteke.
SUBS: Butland (GK), Van Aanholt, Mateta, McCarthy, Batshuayi, Cahill, Kelly.
"After the Champions League it’s always tough but the players who didn’t play in Paris speak on the grass and they did it perfectly.
"We didn’t find rhythm we struggled a little (in the first half) but its normal you have to be patient. Second half we read perfectly the way we attack, and the players made the difference.
"What a goal (from Sergio). What an action. What a player. What a man, we are delighted he is back. We will enjoy the last games with him. He showed with the goal what he is. I am in love as a person. He is an incredible guy.
"(The champagne?) It’s in the fridge. We will take a look (at United v Liverpool). It’s PSG now. We need to see what we will do there. But we will take a look.”
Sergio Aguero's reaction
"I am so happy because it’s a long time since i played 90 minutes. The goal is good because now maybe we can win the Premier League now. I wait tomorrow!
"Yeah, always Mendy tries to pass to me. Inside the box I need one touch, or two touches. It’s my job. Finally it's a goal. I am so happy with that.
"I don't know (if I will watch United tomorrow). I will see tomorrow. Every game is difficult. We wait until tomorrow and of course if Liverpool win, it’s better, no?"
Man of the match
Making his first start in almost a month, Sergio Aguero once again proved the man of the moment, Kun's stunning second half strike finally breaking Palace's stubborn resistance.
It was the type of goal that was the hallmark of the man - an instant half volley delivered with ferocious pace and devastating precision.
He may be moving on to pastures new at the end of the season after a magical decade at City, but on this evidence what price Sergio leaving even more magical memories before he finally bids farewell?
Taste for travel
Our latest victory on the road saw equal the Premier League record of 11 straight away wins, jointly held by
Chelsea and City themselves after their respective runs between April-December 2008 and May-December 2017.
It was also a 19th consecutive victory away from home – another remarkable record in this season like no other.
What it means
City have extended our lead at the top of the table to 13 points with four games remaining.
We need two more points to be confirmed Premier League champions for the third time in four seasons.
But if Manchester United lose at home to Liverpool tomorrow we will have officially won the title.
City are back in action on Tuesday for what is, arguably, our biggest game of this remarkable season yet.
We play host to Paris Saint-Germain at the Etihad in the second leg of the Champions League semi-final.
Holding a precious 2-1 lead from last Wednesday’s first leg, Guardiola’s side will be seeking to complete the job against Mauricio Pochettino’s side and so reach our first-ever Champions League final.
It promises to be a night to remember.
News about C Palace v Man City"
City reach 700 goals under Guardiola
Ferran Torres’ strike in our 2-0 win over Crystal Palace was the 700th goal City have scored under the management of Pep Guardiola. Read more
Crystal Palace 0-2 Man City: Match stats and reaction
Guardiola: Aguero's 93:20 moment cannot be beaten!
Pep Guardiola hailed Sergio Aguero’s man-of-the-match performance at Crystal Palace as City took a significant step towards the title with a fine 2-0 win. Read more
Palace 0-2 City: Brief highlights
Enjoy the best of the action from City's excellent Premier League win at Crystal Palace Watch more
Sergio Aguero reacts to his goal scoring return
Sergio Aguero was delighted to mark his return to the starting line-up with a goal that puts Manchester City on the brink of a third Premier League title in four seasons. Watch more
Guardiola: City will need the 'perfect performance' against PSG
Pep Guardiola has called on City to produce the ‘perfect performance’ against Paris Saint-Germain on Tuesday night as we seek to reach our first-ever Champions League final. Read more
Match gallery: Storming the Palace
City took a step closer to Premier League glory with a superb 2-0 victory at Crystal Palace. View more
Sergio Aguero: I am ready for PSG
Sergio Aguero says he is in good condition and ready to play against Paris Saint-Germain if called upon by Pep Guardiola. Read more
Guardiola sounds salute in wake of 'focused' Ake display
Pep Guardiola hailed a commanding and 'focused' display from Nathan Ake in the wake of City’s 2-0 Premier League triumph at Crystal Palace. Watch more
Palace 0-2 City: Extended highlights
Watch extended match action of Manchester City’s crucial Premier League victory away at Crystal Palace. Watch more
City on the brink of Premier League title | Palace 0-2 City | Man City Podcast episode 48
City are just two points away from winning the Premier League title for the third time in four seasons after a 2-0 win away at Crystal Palace. Watch more
Crystal Palace 0-2 City: Full-match replay
Watch the entire 90-minutes of Manchester City’s 2-0 Premier League win over Crystal Palace on CITY+. Watch more