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1of10
Multi-Family for sale: 490 MONTROSE AVENUE, Toronto
490 Montrose Avenue
$1,399,000
Toronto , Ontario M6G3H1
bed
bath
About the Property

Cross Streets: Bloor & Montrose. ** Directions: Montrose Ave; South of Bloor(west of Bathurst; south of Bloor. Client RemarksAbsolutely perfect Palmerston/Little Italy legal Duplex steps from Bloor street overlooking famed Christie Pits Park. Experience extremely rare property versatility and utilize as full investment, live/rent, multi generational and even zoning for different commercial uses! Property sold with VACANT possession so the choice is yours! Currently divided into 2 two-storey units seamlessly combining chic modern renovations with sought after mechanical upgrades.

Benefit from extremely high rent of roughly $93,000 - $102,000 per year depending on property use, WOW! Main floor / lower features a light filled open concept design highlighted by the original exposed brick, hardwood floors and gas fireplace. One of a kind restaurant style kitchen with commercial appliances and walk out to professionally landscaped urban oasis. 2nd/3rd 2 bedroom, 2 bath offers a sun drenched eat in kitchen, large principle rooms and incredible roof top terrace potential! Enjoy a private courtyard like front entrance on iconic Montrose Ave and take advantage of this perfect location to further tailor this gem to suit your needs! Live and rent, full investment, Live and work, convert to single family...the possibilities are endless!!! Enjoy living in the heart of Toronto with elite access to Bloor St, Beautiful Parks, Delicious Restaurants, Boutique Shops, Nightlife, Community Centres and Coveted Schools. This is the property you always dreamed of and now it could be yours! Don't miss out! (id:27476)

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Property Details
MLS® Number
C12552514
Type
Multi-family
Community Name
Palmerston-Little Italy
Land Size
14.01 x 100 FT
Building
Building Type
Multi-Family
Square Footage
3400 sqft
Fireplace Present
No
Building Heating Type
Hot water radiator heat
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned
Utilities
Water
Municipal water
Monthly Payment Calculator
$
%
3.49%
5.5%
6%
7%
Years
15 Years
20 Years
25 Years
30 Years
Your Monthly Payment
$3,625
Book a Showing
Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca

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Listing provided by: FREEMAN REAL ESTATE LTD.

$1,399,000 - 490 MONTROSE AVENUE, Toronto Ontario M6G 3H1, Canada | Real Estate For Sale | HomeAds.ca

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Updated November 18th 2025 1:09 pm

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Darya Strilyana
Darya Strilyana
Real Estate Expert
Phone
+1 .647 .896 .7668
Email
ds@homeads.ca
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