$1,449,000
9.48 BTC
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490 Montrose Avenue, Toronto
$1,449,000
PRICE
3 + 1
BEDROOMS
3
BATHROOMS
C12465483
MLSID

490 Montrose Avenue, Toronto

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!
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Sold History

SOLD
5 April 2019
$1,328,000
SOLD
28 February 2013
$847,500

Summary

Address
490 Montrose Avenue
MLSID
C12465483
Property Type
Semi-Detached
Property Category
Bedrooms
3 + 1
Bathrooms
3
Kitchens
2
Zoning
Residential Duplex (additional commercial zoning)
Taxes (Annual)
$6,553.01
Tax Year
2025
Published
October 16, 2025
Days on Market
0 Days
Possession Type
Flexible
Possession Details
30-60 Tba
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Inclusions

All Existing Appliances, All Wall Mounted A/C Units, All Electrical Light Fixtures, All Window Coverings

Details

Property Features
Fenced Yard, Hospital, Park, Place Of Worship, Public Transit, School
Bathroom 1
4-Piece Ground Level
Bathroom 2
4-Piece Second Level
Bathroom 3
3-Piece Third Level
Basement
Full, Separate Entrance
Interior Features
None, Carpet Free, In-Law Suite, Separate Heating Controls, Water Heater
Parking Features
Street Only
Architectural Style
2 1/2 Storey
Roof
Unknown
Construction Materials
Brick, Stucco (Plaster)
Lot Width
14 Feet
Lot Depth
100 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Water
New Construction
No
Occupant Type
Owner+Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with FREEMAN REAL ESTATE LTD.
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