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Home ON Greater Toronto Area Toronto Palmerston - Little Italy Bickford Park
490 MONTROSE AVENUE
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490 MONTROSE AVENUE $1,399,000
$1,399,000
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490 MONTROSE AVENUE
Toronto (Palmerston-Little Italy), Ontario M6G3H1

MLS® Number: C12552514

Listing Description

Absolutely perfect legally registered Duplex steps from Bloor street overlooking famed Christie Pits Park. Ideal as full investment, live/rent or multi generational! Even zoning for different commercial uses, which opens up multiple other uses as legal options! Property NOW VACANT! No tenants to assume. Currently divided into 2 two-storey units seamlessly combining chic modern renovations with sought after mechanical upgrades. Choose whatever use best suits your needs! 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! (41664067)

Location Description

Cross Streets: Bloor & Montrose. ** Directions: Montrose Ave; South of Bloor(west of Bathurst; south of Bloor.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Palmerston-Little Italy
Land Size
14.01 x 100 FT
Annual Property Taxes
$6,885
Time on REALTOR.ca
27 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Hot water radiator heat (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
3400 sqft

Land

Lot Features
Frontage
14 ft
Land Depth
100 ft
Other Property Information
Zoning Description
CR 3.0(CL.0; 23.5)ss2 (X1570)
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TREVOR JAYE FREEMAN