452 Montrose Avenue, Toronto, ON M6G 3H1

$3,299,000
6
BD
5
BA
3,000
SqFt

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List Price
$3,299,000
MLS#
C13562684
Status
ACTIVE
Type
Multifamily
SubType
Triplex
Style
2-Storey
Bedrooms
6
Bathrooms
5
Living Area
3000-3500
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Palmerston-Little Italy
Subdivision
Bloor St W & Montrose Ave

Property Description

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.

Additional Information

Taxes
$10,688
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Kitchens
3
Exterior
Metal/Steel Siding, Wood
Garage Type
None
Pool
None
Parking Type
None

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Calculator source: Real Geeks

Listing courtesy of EXP REALTY.