Address
452 Montrose Avenue, Toronto, ON
Price
$ 3,049,000
Property Attributes
  • MLS#C13562684
  • TypeMulti-Family
  • Listing Status Price Change
  • CityToronto
  • AreaPalmerston-Little Italy
  • NeighbourhoodPalmerston-Little Italy
  • Postal CodeM6G 3H1
  • Style2-Storey
  • Taxes$ 10688
  • Price$ 3,049,000
  • Bedrooms6
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage3000-3500
Data Source:
Toronto Real Estate Board (TRREB)
Property 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.

Price History
7/14/2026 Listed $3,299,000
7/30/2026 8$3,049,000

General Features

Sewer Sewer
Cooling Central Air
Roof Asphalt Shingle
Architectural Style 2-Storey
Pool Features None
Construction Materials Metal/Steel Siding,Wood
Heater Type Forced Air
Property Subtype Triplex
Tax Year 2025
Lot Depth 120.0
County Toronto
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction West
Garage Y/N No
Status Price Change
City Toronto C01
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 10688.0
Virtual Tour https://my.matterport.com/show/?m=emB4THqfe8j&t=3102
Standard Status Active
Occupancy Type Tenant
Legal Description PT LT 6 BLK F PL 430 CITY WEST AS IN CA474007; CITY OF TORONTO

Interior Features

Interior Amenities Other
Basement Finished with Walk-Out
Heat Source Gas
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 6
Elevator? No
Total Baths 5
Bedrooms 5+1
Living Area Range 3000-3500

Exterior Features

Parking Features None
Total Parking 0.0
Garage Type None
Foundation Details Poured Concrete
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 0.0

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in M6G 3H1

Price
AVG $3.05M
$3.05M
Visits
AVG 39
85
Data Provided by Inside Real Estate®