490 Montrose Avenue Toronto (Palmerston-Little Italy), ON M6G 3H1
Listing Courtesy of:  CREA / Freeman Real Estate Ltd.

  490 Montrose Avenue Toronto (Palmerston-Little Italy), ON M6G 3H1

Active (27 Days)
$1,449,000 (CAD)
4
BED
3
BATH

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! (id:41440)

MLS®:
C12465483
Taxes
$6,553
Type
Single-Family Home
County
Toronto

Listed By

Trevor Jaye Freeman, Freeman Real Estate Ltd.
Source
CREA
Last checked Nov 12 2025 at 1:44 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Window Coverings
  • Water Heater
Lot Information
  • Carpet Free
  • In-Law Suite
Property Features
  • Foundation: Unknown
Heating and Cooling
  • Wall Unit
Basement Information
  • Full
  • Separate Entrance
Flooring
  • Hardwood
  • Tile
Exterior Features
  • Stucco
  • Brick
Utility Information
  • Sewer: Sanitary Sewer
Parking
  • Total: 0
  • Street
  • No Garage
Stories
  • 3
Location
   
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 11/11/25 17:44