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490 Montrose Avenue in Toronto: Palmerston-Little Italy House for sale (Toronto C01) : MLS®# C12465483
490 Montrose Avenue Toronto M6G 3H1 : Palmerston-Little Italy
- $1,449,000
- Prop. Type:
- Residential Freehold
- MLS® Num:
- C12465483
- Status:
- Active
- Bedrooms:
- 3+1
- Bathrooms:
- 3
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!
- Property Type:
- Residential Freehold
- Property Sub Type:
- Semi-Detached
- Home Style:
- 2 1/2 Storey
- Total Approx Floor Area:
- 2000-2500
- Lot Depth:
100'2"
- Lot Frontage:
14'⅛"
- Direction Faces:
- West
- Bedrooms:
- 3+1
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 2
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Kitchens Above Grade:
- 2
- Rooms Above Grade:
- 13
- Rooms Below Grade:
- 2
- Zoning:
- Residential Duplex (additional commercial zoning)
- Heating type:
- Water
- Heating Fuel:
- Gas
- Foundation:
- Unknown
- Roof:
- Unknown
- Basement:
- Full, Separate Entrance
- Fireplace/Stove:
- Yes
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Features:
- Street Only
- Parking Spaces:
- 0
- Total Parking Spaces:
- 0.0
- Family Room:
- Yes
- Possession Details:
- 30-60 TBA
- Pool:
- None
- HST Applicable To Sale Price:
- Not Subject to HST
- Taxes:
- $6,553.01 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto C01
- Palmerston-Little Italy
- Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School
- None, Carpet Free, In-Law Suite, Separate Heating Controls, Water Heater
- All Existing Appliances, All Wall Mounted A/C Units, All Electrical Light Fixtures, All Window Coverings
- Brick, Stucco (Plaster)
- Floor
- Type
- Dimensions
- Other
- Main
- Living Room
25'2" x 10'8"
- Hardwood Floor, Fireplace, Open Concept
- Main
- Dining Room
25'2" x 10'8"
- Hardwood Floor, Renovated, Open Concept
- Main
- Kitchen
10'9" x 10'8"
- Renovated, Hardwood Floor, Stainless Steel Appl
- Main
- Bedroom
10'9" x 10'
- Hardwood Floor, W/O To Yard, Large Window
- Lower
- Recreation
25'7" x 18'
- Open Concept, Renovated
- Lower
- Utility Room
28'6" x 9'5"
- Second
- Foyer
0' x 0'
- Second
- Living Room
25'2" x 10'8"
- Hardwood Floor, Renovated, French Doors
- Second
- Dining Room
25'2" x 10'8"
- Hardwood Floor, French Doors
- Second
- Kitchen
13'5" x 10'6"
- Tile Floor, Renovated, Eat-in Kitchen
- Second
- Bedroom
10'9½" x 8'½"
- Hardwood Floor, Large Window
- Third
- Primary Bedroom
18'10" x 11'6"
- Hardwood Floor, 3 Pc Bath, W/O To Deck
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- 4
- 0' x 0' 4 Pc Bath, Tile Floor, Renovated
- Second
- No
- 4
- 0' x 0' 4 Pc Bath, Tile Floor, Renovated
- Third
- No
- 3
- 0' x 0' 3 Pc Bath, Separate Shower, Renovated
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Wall Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Ensuite Laundry:
- No
Listed by FREEMAN REAL ESTATE LTD.
Data was last updated October 21, 2025 at 06:15 AM (UTC)
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