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452 Montrose Avenue
homes for sale · Toronto · Palmerston-Little Italy
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$3,049,000

452 Montrose Avenue

Palmerston-Little Italy, Toronto · MLS® C13562684

65

House · Multi-family · 102 days on market

listed by Wafa Momani, EXP REALTY

realtor's 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.

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property details

type
House, Multi-family
bedrooms
6
bathrooms
5
parking
0
property tax
$10,688 / yr
days on market
102
MLS®
C13562684

monthly cost

$14,175/mo
Mortgage $13,284 · Tax $891

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$13,284/ monthly
loan $2,439,200
25-year amortization
total interest
$1,546,060
cash to close
$609,800
down payment; transfer tax and fees not included
total paid
$3,985,260

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Wafa Momani
EXP REALTY
call Wafa · 866-530-7737
Powered by: REALTOR.ca
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location

Palmerston-Little Italy, TorontoGoogle Maps ↗

location

Palmerston-Little Italy, TorontoGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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