$3,049,000
 $16,368 est/mo Sourced by Back At You

452 Montrose Avenue,Toronto (Palmerston-Little Italy, ON M6G3H1

Toronto (Palmerston-Little Italy, ON M6G3H1

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Description

A rare opportunity to own an architecturally acclaimed, turnkey income property in the heart of Toronto's coveted Bickford Park/Christie Pits neighbourhood. Delivering a true 3.5%+ cap rate with strong positive monthly cash flow, this exceptional investment offers immediate income with long-term appreciation potential. The property features three separately contained residences: two spacious townhome-style suites plus a newly built, detached laneway house. Designed by Toronto's renowned Fishtnk Design, every detail was thoughtfully considered to maximize tenant appeal while providing low-maintenance, hassle-free ownership. Each suite offers 2 bedrooms, 2 full bathrooms, a private entrance, and its own exclusive courtyard, creating highly desirable living spaces that command premium rents. Bright, open-concept interiors are flooded with natural light and showcase contemporary finishes, efficient layouts, and all-new mechanical systems and infrastructure for worry-free ownership. This award-worthy property has been featured in The Globe and Mail, blogTO, and City Pages, highlighting its exceptional design and innovation. Fully tenanted with excellent occupants, this is a true turnkey investment requiring nothing to do but collect the rent. Located steps from Christie Pits Park, Bickford Park, TTC subway stations, vibrant cafés, restaurants, shops, and some of Toronto's most desirable neighbourhood amenities, this is a premier investment opportunity in one of the city's strongest rental markets. Zoning-compliant, fully-permitted, legal rental suites. New appliances, HVAC, smart thermostats, tankless HWTs, three laundry sets, LEDs, white oak floors, porcelain tile, quartz counters. Separately metered gas and hydro. (id:13843)

Details

MLS #C13562684
Listing TypeFor Sale
StatusActive
Days On Site109
Listing Provided ByEXP REALTY | Wafa Momani

Features

Bed(s)6
Bath(s) 5 Total
SQ Feet3,000
BasementY
Story(s)2

Interior

CoolingCentral air conditioning
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Exterior

Foundation DetailsPoured Concrete

Parking

Parking FeaturesNo Garage
Parking Total0

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount10688
Tax Year2025

Area Information

ProvinceON
CityToronto (Palmerston-Little Italy
Postal CodeM6G3H1
Listing VS Median (in M6G3H1)
Price:
$3,049,000
low | high
Med:
$1,526,300
99.940964250574% of Average
sqft:
3,000
low | high
Med:
3,000
50% of Average
$ / sqft:
$1,016
low | high
Med:
$509
99.940964250574% of Average
On site:
109
low | high
Med:
55
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityToronto (Palmerston-Little Italy
Postal CodeM6G3H1
Listing VS Median (in M6G3H1)
Price:
$3,049,000
low | high
Med:
$1,526,300
99.940964250574% of Average
sqft:
3,000
low | high
Med:
3,000
50% of Average
$ / sqft:
$1,016
low | high
Med:
$509
99.940964250574% of Average
On site:
109
low | high
Med:
55
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $2.286M - $3.811M
sqft: 2,000 - 3,500
Listing Updated: October 20, 2026 at 3:47:07 PM PDT