Allan-John Boulanger

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(647) 880-8771

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490 MONTROSE AVENUE, Toronto, Ontario

$1,449,000

3,400 Square Feet

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:23309)

Listing ID: C12468439
Property Type: Multi-family

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Details

Transaction: For sale
Zoning Description: CR 3.0(CL.0; 23.5)ss2 (X1570)

Building

Cooling: Fully air conditioned
Fireplace Present: False
Heating: Hot water radiator heat
Heating Fuel: Natural gas
Size Interior: 3400 sqft
Type: Multi-Family
Utility Water: Municipal water

Land

Size Frontage: 14 ft
Size Irregular: 14.01 x 100 FT

Listing provided by FREEMAN REAL ESTATE LTD.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 490 MONTROSE AVENUE in Toronto Ontario. It was last modified on October 17th, 2025. Contact Allan-John Boulanger to schedule a viewing or to discover other Toronto real estate for sale.

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