ON > Toronto > Palmerston-Little Italy
Toronto, ON M6G 3H1,490 Montrose AVE
Toronto, ON M6G 3H1,490 Montrose AVE
Toronto, ON M6G 3H1,490 Montrose AVE
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$1,449,000
Est. payment /mo
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4 Beds
3 Baths
Active

490 Montrose AVE Toronto, ON M6G 3H1

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Palmerston-Little Italy

MLS Listing ID C12465483

Style 2 1/2 Storey

Bedrooms 4

Annual Tax Amount $6,553

Tax Year 2025

Property Sub-Type Semi-Detached

Property Description

Absolutely 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!

Location

Province ON

County Toronto

Community Palmerston-Little Italy

Area Toronto

Rooms

Family Room Yes

Basement Full, Separate Entrance

Kitchen 2

Separate Den/Office 1

Interior

Interior Features None, Carpet Free, In-Law Suite, Separate Heating Controls, Water Heater

Cooling Wall Unit(s)

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Street Only

Pool None

Roof Type Unknown

Lot Frontage 14.01

Lot Depth 100.17

Building

Unit Features Fenced Yard,Hospital,Park,Place Of Worship,Public Transit,School

Foundation Unknown

Others

ParcelsYN No

Virtual Tour https://www.houssmax.ca/vtournb/h5698617

Listed by FREEMAN REAL ESTATE LTD.
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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490 Montrose AVE

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