NewFor Sale

490 Montrose Avenue
Toronto C01, Toronto, ON, M6G 3H1

Investment
TRREB
MLS® Number: C12468439
$1,449,000List Price
InvestmentProperty Type
3,400 sq ftSize
$6,885 / 2025Taxes (Annual)
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Listing History

Buy/sell history for 490 Montrose Avenue, Toronto C01, ON M6G 3H1

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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!

Features

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Amenities

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Summary

Tax (Annual):$6,885 / 2025
Listing #:C12468439
Property Type:Investment
Size:3,400 sq ft
Land Size:14.01 x 100
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:FREEMAN REAL ESTATE LTD.

Rooms

Details

Property

Property Type:Investment
Community:Palmerston-Little Italy
Municipality:Toronto

Building

Size:3,400 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Hot Water

Land

Cross Street:Bloor & Montrose

$1,449,000

List price

490 Montrose Avenue, Toronto C01 – Investment for sale · MLS® # C12468439 | CPRB