490 Montrose Avenue Toronto, Ontario M6G 3H1
$1,449,000
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! (id:60365)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | C12468439 |
| Property Type | Multi-family |
| Community Name | Palmerston-Little Italy |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| SizeInterior | 3400 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 100 Ft |
| SizeFrontage | 14 Ft |
| SizeIrregular | 14.01 X 100 Ft |
| SizeTotalText | 14.01 X 100 Ft |
| ZoningDescription | Cr 3.0(cl.0; 23.5)ss2 (x1570) |
Trevor Jaye Freeman
Broker
988 Bathurst Street
Toronto, Ontario M5R 3G6
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October 17 2025 05:20:47
Toronto Real Estate Board
Freeman Real Estate Ltd.
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