490 Montrose Avenue, Toronto - Sold for $1,150,000 | Modern Solution Realty

490 Montrose Avenue, Toronto

490 Montrose Avenue in Toronto - 4 bedroom, 3 bathroom. Sold for $1,150,000. Listed at $1,099,000.

Magnificent Montrose!!! Beautifully renovated, mechanically updated and legally registered Duplex steps from Bloor street overlooking famed Christie Pits Park. Perfect full investment, live/rent or multi generational! Even zoning for different commercial uses. Move right in with no tenants to assume. Currently divided into 2 two-storey units seamlessly combining chic modern renovations with sought after mechanical upgrades. Choose whatever use best suits your needs! 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!

Property Details

  • Property Type: Mortgage
  • Style: 2 1/2 Storey
  • Square Footage: 2250 sqft
  • Basement: Full
  • Heating: Gas
  • Cooling: Wall Unit(s)
  • Parking: 0 space
  • Property Taxes: $6,553.01/yr
  • Neighbourhood: Palmerston-Little Italy
  • Postal Code: M6G 3H1

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