452 Montrose Avenue, Toronto, ON M6G 3H1
Palmerston-Little Italy, Toronto · Near Bloor St W & Montrose Ave · View map
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.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 3000-3500 sq ft
- Bedrooms
- 5
- Basement bedrooms
- 1
- Bathrooms
- 5
- Kitchens
- 3
- Rooms
- 15
- Basement
- Finished with Walk-Out
- Lot size
- 17.9 x 120 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Metal/Steel Siding, Wood
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $10,688/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Bloor St W & Montrose Ave
- Neighbourhood
- Palmerston-Little Italy
More
- Price per sq ft
- ~$938 (at 3,250 sq ft)
- MLS® number
- C13562684
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
452 Montrose Avenue, Toronto, ON M6G 3H1
Palmerston-Little Italy, Toronto · Near Bloor St W & Montrose Ave
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Listing history for 452 Montrose Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 452 Montrose Avenue
Answers come straight from this home’s MLS® listing.
How much is 452 Montrose Avenue listed for, and what would it cost each month?
452 Montrose Avenue is listed for $3,049,000. With 20% down ($609,800), the mortgage payment would be roughly $12,299 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $13,189 a month, all in. That figure is an illustration, not a quote.
Is 452 Montrose Avenue freehold or a condo, and is there a monthly fee?
452 Montrose Avenue is a triplex in Palmerston-Little Italy, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 452 Montrose Avenue have?
452 Montrose Avenue has 5 bedrooms, plus 1 more bedroom in the basement, and 5 bathrooms. The listing gives the style as 2-storey.
Does 452 Montrose Avenue have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
Does 452 Montrose Avenue have a finished basement?
The listing describes the basement as finished with walk-out. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 452 Montrose Avenue?
452 Montrose Avenue is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 452 Montrose Avenue, and what is the lot size?
The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 17.9 x 120 ft.
How is 452 Montrose Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 452 Montrose Avenue?
Property taxes are $10,688 a year (2025), or about $891 a month.
Where is 452 Montrose Avenue?
452 Montrose Avenue is in the Palmerston-Little Italy community of Toronto. The nearest main intersection is Bloor St W & Montrose Ave. The postal code is M6G 3H1.
Is 452 Montrose Avenue still for sale?
Yes. It is an active listing (MLS® C13562684). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 452 Montrose Avenue asking?
Similar properties for sale nearby right now include 539 Crawford Street at $3,960,000 (3+1 bed), 11 Poplar Plains Crescent at $2,800,000 (5+2 bed) and 1349/1351 Queen Street E at $2,299,000 (5+5 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 452 Montrose Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 452 Montrose Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Multiplex$2,299,0001349/1351 Queen Street E, Toronto5+5 bed · 6 bath · Greenwood-CoxwellCourtesy of: PSRView home →Courtesy of: EXP REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.