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$ 1,449,000
Est. payment /mo
Active
490 Montrose AVE Toronto, ON M6G 3H1
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Palmerston-Little Italy
MLS Listing ID C12468439
Annual Tax Amount $6,885
Tax Year 2025
Property Sub-Type Investment
Property Description
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!
Location
Province ON
County Toronto
Community Palmerston-Little Italy
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 14.01
Lot Depth 100.0
Others
Security Features No
ParcelsYN No
Virtual Tour https://www.houssmax.ca/vtournb/h5698617
Listed by FREEMAN REAL ESTATE LTD.