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MLS® C13562684
Palmerston-Little Italy, Toronto, ON
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.
Inclusions
All Existing Appliances.
Broker
EXP REALTY
Neighbourhood
Palmerston-Little Italy
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Triplex
452 Montrose Avenue Toronto
Palmerston-Little Italy
Type
Triplex
Basement
Finished with Walk-Out
Parking
None (0)
Property Tax
~$10,688/yr
Heating
Forced Air
Buying Essentials
Square Feet
3250 sqft
Facing Direction
West
Parking
None (0)
Finances
List Price
$3,049,000
Price per SQFT
$938/sqft
Property Tax
~$10,688/yr
Property Specs
Property Type
Triplex
MLS Size
3250 sqft
Basement
Finished with Walk-Out
Living & Amenities
Heating Type
Forced Air
Features
Other
Policies & Utilities
Neighbourhood
Palmerston-Little Italy
Listed On
Jul 14, 2026
Days on Market
Current: 116 days
Hardwood Floor, Combined w/Family, Open Concept
14.1 x 13.1
185 sqft
Hardwood Floor, Eat-in Kitchen, Breakfast Bar
14.3 x 13.1
187 sqft
Hardwood Floor, Skylight, Balcony
14.4 x 13.1
189 sqft
Hardwood Floor, Large Closet, Natural Finish
13.1 x 9.8
129 sqft
Hardwood Floor, Combined w/Family, Large Window
13.3 x 11.3
150 sqft
Quartz Counter, Combined w/Dining, Porcelain Floor
11.0 x 8.3
91 sqft
Hardwood Floor, 3 Pc Ensuite, Skylight
18.7 x 11.2
209 sqft
Porcelain Floor, 3 Pc Bath, W/O To Patio
9.8 x 8.1
79 sqft
Hardwood Floor, 2 Pc Bath, W/O To Patio
12.4 x 11.1
137 sqft
Quartz Counter, Combined w/Dining, Porcelain Floor
11.1 x 11.1
123 sqft
Hardwood Floor, 3 Pc Bath, Large Closet
15.2 x 8.6
131 sqft
Hardwood Floor, Skylight, Natural Finish
11.7 x 8.0
93 sqft
Rooms
12
Listed Room Area
1,703 sqft
Source
Estimated from MLS room dimensions
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