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.
Address
452 Montrose Avenue
List Price
$3,299,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Palmerston-Little Italy
Region
Toronto
Bedrooms
5 + 1
Bedrooms (Total)
6
Rooms Above Grade
15
Rooms Below Grade
1
Bathrooms
5
Floor Area
3000-3500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
120
Lot Size Units
Feet
Lot Width
17.92
Parcel Number
212690147
Occupant Type
Tenant
Cross Street
Bloor St W & Montrose Ave
MLS® Number
C13562684
Listing Brokerage
EXP REALTY
Basement Area
Finished with Walk-Out
Postal Code
M6G 3H1
Posession Details
Flexible
Parking
None
Tax Amount
$10,688.00
Tax Year
2025
Interior Features
Other
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Metal/Steel Siding, Wood
Direction Faces
West
Fireplace
No
Foundation Details
Poured Concrete
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 6 BLK F PL 430 CITY WEST AS IN CA474007; CITY OF TORONTO
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 4.3 x 4 | Combined w/Family, Hardwood Floor, Open Concept |
| Main | Kitchen | 4.35 x 4 | Breakfast Bar, Eat-in Kitchen, Hardwood Floor |
| Second | Bedroom | 4.38 x 4 | Balcony, Hardwood Floor, Skylight |
| Second | Bedroom 2 | 4 x 3 | Hardwood Floor, Large Closet, Natural Finish |
| Main | Living Room | 4.05 x 3.44 | Combined w/Family, Hardwood Floor, Large Window |
| Main | Kitchen | 3.35 x 2.52 | Combined w/Dining, Porcelain Floor, Quartz Counter |
| Second | Bedroom | 5.69 x 3.41 | 3 Pc Ensuite, Hardwood Floor, Skylight |
| Basement | Bedroom 2 | 3 x 2.46 | 3 Pc Bath, Porcelain Floor, W/O To Patio |
| Main | Kitchen | 3.38 x 3.38 | Combined w/Dining, Porcelain Floor, Quartz Counter |
| Second | Bedroom | 4.63 x 2.62 | 3 Pc Bath, Hardwood Floor, Large Closet |
| Second | Bedroom 2 | 3.56 x 2.44 | Hardwood Floor, Natural Finish, Skylight |
