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For saleMLS® C13562684

452 Montrose Avenue, Toronto, ON M6G 3H1

Palmerston-Little Italy · C01 · M6G 3H1

$3,049,000

$1,016 / sq ft

3 months on market

Bedrooms
5+1
Bathrooms
5
Interior
3,000 sf
Lot
17.92 × 120 ft

What's special

  • Central air
  • Walk-out basement

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About this property

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.

Rooms

12 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain4.30 × 4.00 m14.1 × 13.1 ftHardwood Floor · Combined w/Family · Open Concept
KitchenMain4.35 × 4.00 m14.3 × 13.1 ftHardwood Floor · Eat-in Kitchen · Breakfast Bar
Living RoomMain4.05 × 3.44 m13.3 × 11.3 ftHardwood Floor · Combined w/Family · Large Window
KitchenMain3.35 × 2.52 m11.0 × 8.3 ftQuartz Counter · Combined w/Dining · Porcelain Floor
RoomMain3.77 × 3.38 m12.4 × 11.1 ftHardwood Floor · 2 Pc Bath · W/O To Patio
KitchenMain3.38 × 3.38 m11.1 × 11.1 ftQuartz Counter · Combined w/Dining · Porcelain Floor
BedroomSecond4.38 × 4.00 m14.4 × 13.1 ftHardwood Floor · Skylight · Balcony
Bedroom 2Second4.00 × 3.00 m13.1 × 9.8 ftHardwood Floor · Large Closet · Natural Finish
BedroomSecond5.69 × 3.41 m18.7 × 11.2 ftHardwood Floor · 3 Pc Ensuite · Skylight
BedroomSecond4.63 × 2.62 m15.2 × 8.6 ftHardwood Floor · 3 Pc Bath · Large Closet
Bedroom 2Second3.56 × 2.44 m11.7 × 8.0 ftHardwood Floor · Skylight · Natural Finish
Bedroom 2Basement3.00 × 2.46 m9.8 × 8.1 ftPorcelain Floor · 3 Pc Bath · W/O To Patio

Features

  • Other

Property details

Property

Property type
multiplex
Bedrooms
5 + 1
Bathrooms
5
Interior size
3,000 sq ft
Lot size
17.92 × 120 ft
Possession
Flexible

Interior

Basement
Finished with Walk-Out
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Metal/Steel Siding, Wood
Sewer
Sewer

Costs

List price
$3,049,000
Property taxes
$10,688 / year (2025)
Price per sq ft
$1,016

Listing

MLS® number
C13562684
Status
For sale
Listed
July 14, 2026
Days on market
114
Last updated
July 31, 2026
Listing brokerage
EXP REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 94% of comparable multiplex listings in Toronto are asking less.

$977KMedian $1.74M$2.97M
This home
$1,016 / sq ft
Comparable median
$835 / sq ft

Based on 96 comparable active multiplex listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $609,800
$609,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$13,486.76
Property tax (est.)
$890.67
Estimated monthly
$14,377

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$62,700
Toronto municipal
$63,190
Total due on closing
$125,890

An estimate on the asking price of $3,049,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of EXP REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$3,049,000

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