$3,049,000
↓ $250,000 from $3,299,000
Est. payment $13,500/moCalculate yours
452 Montrose Avenue, Toronto, ON M6G 3H1
Palmerston-Little Italy, Toronto, ON M6G 3H1
- 5 + 1 Beds
- 5 Baths
- 3,000 Sq Ft
Listing courtesy of EXP REALTY 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.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 3,000 sqft
Interior
- Bedrooms
- 5 + 1
- Bathrooms
- 5
- Kitchens
- 3
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Metal/Steel Siding, Wood
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 17.92 x 120 Feet
- Parking
- None garage
Financial
- Property Taxes
- $10,688 (2025)
Location
- Neighbourhood
- Palmerston-Little Italy
- Cross Street
- Bloor St W & Montrose Ave
- Direction Faces
- West
Listing
- MLS® Number
- C13562684
- Days on Market
- 96
- Listed On
- 2026-07-14
- Possession
- Flexible
- Listed By
- EXP REALTY
Rooms
Features
Interior
- Other
Pool
- None
- Included
- All Existing Appliances.
Mortgage calculator
Estimated mortgage payment
$13,500 per month
- Principal and interest
- $13,500
- Property tax
- $891
- Condo fees
- $0
- Estimated monthly cost
- $14,391
Your mortgage
- Mortgage amount
- $2,439,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,610,894
Cash to close
- Down payment
- $609,800
- Land transfer tax (Ontario + Toronto)
- $125,890
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $735,690
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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