490 Montrose Avenue
Palmerston-Little Italy, Toronto, M6G 3H1
For Sale
10.84 BTC

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3 + 1
BEDROOMS3
BATHROOMS2
KITCHENS13 + 2
ROOMSC12552506
MLSIDContact Us
Property Description
Absolutely perfect Palmerston/Little Italy legal Duplex steps from Bloor street overlooking famed Christie Pits Park. Perfect as full investment, live/rent or multi generational. Even zoning for different commercial uses opening the door to various legal options. No tenants to assume! PROPERTY NOW VACANT! Currently divided into 2 two-storey units seamlessly combining chic modern renovations with sought after mechanical upgrades. Choose whatever use suits you best. 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!
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Nearby Intersections
Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School, None, Carpet Free, In-Law Suite, Separate Heating Controls, Water Heater, Street Only
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Property Details
Property Type
Semi-Detached
Lot Size
14' x 100'
Taxes
$6,553 (2025)
Basement
Full, Separate Entrance
Heat Type
Water
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Freeman Real Estate Ltd.
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