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Multiplex

452 Montrose Avenue

Palmerston-Little Italy · Toronto, M6G 3H1

$3,049,000

Price changed since listing

Beds
5+1
Baths
5
Size
3,000-3,500 ft²
Type
Multiplex
Listed
104 days
MLS®
C13562684

About this home

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.
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Property details

MLS® number
C13562684
Property type
Triplex
Style
2-Storey
Bedrooms
5+1
Bathrooms
5
Kitchens
3
Interior size
3,000-3,500 ft²
Lot
17.92 × 120 ft
Basement
Finished with Walk-Out
Heating
Forced Air, Gas
Cooling
Central Air
Parking
0 total
Exterior
Metal/Steel Siding, Wood
Property taxes
$10,688 (2025)
Possession
Flexible
Cross street
Bloor St W & Montrose Ave
Community
Palmerston-Little Italy
City
Toronto

Rooms

  • Living Room

    14' 1" × 13' 1"

    Main

    Hardwood Floor, Combined w/Family, Open Concept

  • Kitchen

    14' 3" × 13' 1"

    Main

    Hardwood Floor, Eat-in Kitchen, Breakfast Bar

  • Bedroom

    14' 4" × 13' 1"

    Second

    Hardwood Floor, Skylight, Balcony

  • Bedroom 2

    13' 1" × 9' 10"

    Second

    Hardwood Floor, Large Closet, Natural Finish

  • Living Room

    13' 3" × 11' 3"

    Main

    Hardwood Floor, Combined w/Family, Large Window

  • Kitchen

    11' × 8' 3"

    Main

    Quartz Counter, Combined w/Dining, Porcelain Floor

  • Bedroom

    18' 8" × 11' 2"

    Second

    Hardwood Floor, 3 Pc Ensuite, Skylight

  • Bedroom 2

    9' 10" × 8' 1"

    Basement

    Porcelain Floor, 3 Pc Bath, W/O To Patio

  • Room

    12' 4" × 11' 1"

    Main

    Hardwood Floor, 2 Pc Bath, W/O To Patio

  • Kitchen

    11' 1" × 11' 1"

    Main

    Quartz Counter, Combined w/Dining, Porcelain Floor

  • Bedroom

    15' 2" × 8' 7"

    Second

    Hardwood Floor, 3 Pc Bath, Large Closet

  • Bedroom 2

    11' 8" × 8'

    Second

    Hardwood Floor, Skylight, Natural Finish

Room measurements are provided by the listing brokerage, converted from metres. They are deemed reliable but not guaranteed; verify before relying on them.

Location

Palmerston-Little Italy · Toronto, near Bloor St W & Montrose Ave

452 Montrose Avenue, Toronto

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$13,500per month

$609,800 down · 4.5% · 25 years

Down payment

%
Open the full calculator

An estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.

Toronto

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452 Montrose Avenue, Toronto | Multi-unit for sale