452 Montrose Avenue

Palmerston-Little Italy, Toronto, M6G 3H1

$3,049,000

Reduced $250,000 from $3,299,000

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  • 5+1 bedrooms
  • 5 bathrooms
  • 0 parking
  • 3000-3500 sq ft

Listed 98 days ago · 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.

Details

Type
Triplex
Style
2-Storey
Size
3000-3500 sq ft
Lot
17.92 × 120 ft
Basement
Finished with Walk-Out
Garage
None
Kitchens
3
Property tax
$10,688 (2025)
Neighbourhood
Palmerston-Little Italy
Municipality
Toronto C01

Interior

Bedrooms
5 above ground + 1 below
Bathrooms
1 × 2-piece (main), 3 × 3-piece (second), 1 × 2-piece (main)
Rooms
15 above ground + 1 below
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Metal/Steel Siding, Wood
Roof
Asphalt Shingle
Foundation
Poured Concrete
Faces
West

Lot

Size
17.92 × 120 ft

More

Possession
Flexible
Cross street
Bloor St W & Montrose Ave

Rooms

RoomLevelSizeFeatures
Living RoomMain4.3 × 4 m (14'1" × 13'1")Hardwood Floor, Combined w/Family, Open Concept
KitchenMain4.35 × 4 m (14'3" × 13'1")Hardwood Floor, Eat-in Kitchen, Breakfast Bar
BedroomSecond4.38 × 4 m (14'4" × 13'1")Hardwood Floor, Skylight, Balcony
Bedroom 2Second4 × 3 m (13'1" × 9'10")Hardwood Floor, Large Closet, Natural Finish
Living RoomMain4.05 × 3.44 m (13'3" × 11'3")Hardwood Floor, Combined w/Family, Large Window
KitchenMain3.35 × 2.52 m (11' × 8'3")Quartz Counter, Combined w/Dining, Porcelain Floor
BedroomSecond5.69 × 3.41 m (18'8" × 11'2")Hardwood Floor, 3 Pc Ensuite, Skylight
Bedroom 2Basement3 × 2.46 m (9'10" × 8'1")Porcelain Floor, 3 Pc Bath, W/O To Patio
KitchenMain3.38 × 3.38 m (11'1" × 11'1")Quartz Counter, Combined w/Dining, Porcelain Floor
BedroomSecond4.63 × 2.62 m (15'2" × 8'7")Hardwood Floor, 3 Pc Bath, Large Closet
Bedroom 2Second3.56 × 2.44 m (11'8" × 8')Hardwood Floor, Skylight, Natural Finish

History of this address

8 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Christie Subway5 min walk
  • 🚇 Ossington Subway7 min walk
  • 🚆 Exhibition GO2.9 km

Within a 10-minute walk: 14 grocery stores, 189 cafés and restaurants, 15 parks, 13 pharmacies. Nearest grocery: Bloor Fresh Market (350 m). Nearest park: Bickford Park (200 m).

Schools nearby

Elementary

  • Montrose Junior Public School
    EQAO: Gr 6 reading 100%, math 70%
    6 min walk
  • Dewson Street Junior Public School
    EQAO: Gr 6 reading 89%, math 60%
    11 min walk
  • Clinton Street Junior Public School
    EQAO: Gr 6 reading 96%, math 84%
    11 min walk
  • Hawthorne II Bilingual Alternative Junior School
    EQAO: Gr 6 reading 94%, math 67%
    12 min walk

Secondary

  • The Bickford Centre2 min walk
  • West End Alternative Secondary School2 min walk
  • Delta Senior Alternative School6 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M6G

Owners / renters
49% / 51%
Median household income
$91,000
Average age
43
Children under 15
12%
Homes
13% detached, 8% high-rise
Commute by transit
25%
Population
30,600

Languages spoken most at home besides English: Portuguese 3.2%, Yue (Cantonese) 2.6%, Italian 1.6%, Greek 1.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Palmerston-Little Italy (2025): about the Toronto average, up 15% from the year before.

  • Assaultabout average
  • Break and enter35% above average
  • Auto theft49% below average
  • Robbery45% above average
  • Theft from vehicles33% below average
  • Shootingsabout average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby

No planning applications within 500 m in the last five years.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 4 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Multiple Projects · 2020 · Closed
    Revision #01 - Structural changes to the front porch entrence.Rear two storey addition, to create a second unit, including basement…
  • Garage · 2015 · Closed
    Proposal to demolish existing garage and replace it with new private detached garage in rear yard of existing detached - single family…

3 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

75 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by EXP REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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