Semi-Detached House for sale at 490 Montrose Avenue, Toronto, Ontario, M6G 3H1 - Palmerston-Little Italy - MLS: C12465483

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490 Montrose Avenue

Toronto, Ontario, M6G 3H1 - Palmerston-Little Italy

$1,449,000

Virtual Tour

Neighbourhood

Palmerston-Little Italy
Major Intersection

Bloor and Christie

Listed Since: 1 day(s)
Last update: today

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Overview

Property Type

Semi-Detached, 2 1/2 Storey
Bedrooms

3 + 1
Bathrooms

3
Basement

Full + Sep Entrance
Kitchen

2
Total Parking

n/a
Lot Size

14.01x100.17 (Feet)
Taxes

$6,553.01 (2025)
Type

Freehold

Property Description

Property description for 490 Montrose Avenue, Toronto

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!

Listed by FREEMAN REAL ESTATE LTD.

Property details

MLS #

C12465483
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Street Only
Garage

None
Total Parking

0
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Unknown
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Water
A/C

Wall Unit
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

C12465483
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Street Only
Garage

None
Total Parking

0
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

Y
Roof

Unknown
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Water
A/C

Wall Unit
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

7.68 x 3.26 ft Main level

hardwood floor, Fireplace, Open Concept
Dining

7.68 x 3.26 ft Main level

hardwood floor, Renovated, Open Concept
Kitchen

3.28 x 3.25 ft Main level

Renovated, hardwood floor, Stainless Steel Appl
Br

3.28 x 3.05 ft Main level

hardwood floor, W/O To Yard, Large Window
Bathroom

0.0 x 0.0 ft Main level

4 Pc Bath, Tile Floor, Renovated
Rec

5.49 x 7.8 ft Lower level

Open Concept, Renovated
Utility

8.69 x 2.87 ft Lower level
Foyer

0.0 x 0.0 ft 2nd level
Living

7.68 x 3.26 ft 2nd level

hardwood floor, Renovated, French Doors
Dining

7.68 x 3.26 ft 2nd level

hardwood floor, French Doors
Kitchen

4.1 x 3.2 ft 2nd level

Tile Floor, Renovated, Eat-In Kitchen
Br

3.29 x 2.45 ft 2nd level

hardwood floor, Large Window
Bathroom

0.0 x 0.0 ft 2nd level

4 Pc Bath, Tile Floor, Renovated
Primary

5.75 x 3.51 ft 3rd level

hardwood floor, 3 Pc Bath, W/O To Deck
Bathroom

0.0 x 0.0 ft 3rd level

3 Pc Bath, Separate Shower, Renovated

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 490 Montrose Avenue, Toronto

This property has been sold 6 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Local Real Estate Price Trends for Semi-Detached in Palmerston-Little Italy

Active listings

Average Selling Price of a Semi-Detached

September 2025

$1,893,333

Last 3 Months

$1,944,369

Last 12 Months

$1,813,860

September 2024

$1,833,125

Last 3 Months LY

$1,515,125

Last 12 Months LY

$1,732,857

Change

28%

Change

Historical Average Selling Price of a Semi-Detached in Palmerston-Little Italy

Average Selling Price

3 years ago

$1,729,000

Average Selling Price

5 years ago

$1,993,125

Average Selling Price

10 years ago

$1,219,875

Change

10%

Change

-5%

Change

55%

How many days Semi-Detached takes to sell (DOM)

September 2025

Last 3 Months

Last 12 Months

September 2024

Last 3 Months LY

Last 12 Months LY

Change

200%

Change

167%

Change

13%

Average Selling price

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First time home buyer

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.