490 Montrose Avenue Toronto (Palmerston-Little Italy), Ontario M6G 3H1
$1,449,000
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:41954)
Property Details
| MLS® Number | C12465483 |
| Property Type | Single Family |
| Community Name | Palmerston-Little Italy |
| Amenities Near By | Hospital, Park, Place Of Worship, Public Transit, Schools |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Basement Features | Separate Entrance |
| Basement Type | Full |
| Construction Style Attachment | Semi-detached |
| Cooling Type | Wall Unit |
| Exterior Finish | Brick, Stucco |
| Fireplace Present | Yes |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Unknown |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Stories Total | 3 |
| Size Interior | 1500 - 2000 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage | |
| Street |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Hospital, Park, Place Of Worship, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 100 Ft ,2 In |
| Size Frontage | 14 Ft |
| Size Irregular | 14 X 100.2 Ft |
| Size Total Text | 14 X 100.2 Ft |
| Zoning Description | Commercial/residential Duplex |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 4.1 m | 3.2 m | 4.1 m x 3.2 m |
| Second Level | Bedroom | 3.29 m | 2.45 m | 3.29 m x 2.45 m |
| Second Level | Bathroom | Measurements not available | ||
| Second Level | Foyer | Measurements not available | ||
| Second Level | Living Room | 7.68 m | 3.26 m | 7.68 m x 3.26 m |
| Second Level | Dining Room | 7.68 m | 3.26 m | 7.68 m x 3.26 m |
| Third Level | Primary Bedroom | 5.75 m | 3.51 m | 5.75 m x 3.51 m |
| Third Level | Bathroom | Measurements not available | ||
| Lower Level | Recreational, Games Room | 5.49 m | 7.8 m | 5.49 m x 7.8 m |
| Lower Level | Utility Room | 8.69 m | 2.87 m | 8.69 m x 2.87 m |
| Main Level | Living Room | 7.68 m | 3.26 m | 7.68 m x 3.26 m |
| Main Level | Dining Room | 7.68 m | 3.26 m | 7.68 m x 3.26 m |
| Main Level | Kitchen | 3.28 m | 3.25 m | 3.28 m x 3.25 m |
| Main Level | Bedroom | 3.28 m | 3.05 m | 3.28 m x 3.05 m |
| Main Level | Bathroom | Measurements not available |
Interested?
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October 16 2025 04:00:12
Toronto Real Estate Board
Freeman Real Estate Ltd.