Skip to main content

For sale · Triplex · 2-Storey

452 Montrose Avenue.

Palmerston-Little Italy, Toronto, ON M6G 3H1

On the market107 days
MLS® C13562684Courtesy of Exp Realty
Bedrooms5+1Plus 1 more
Bathrooms5
Lot17.92 x 120 ftFrontage by depth, as listed
ParkingNoneNone

Balanced market

House market in Palmerston-Little Italy. Sales and new listings are roughly in step, so neither side has a clear edge. Homes here sell in about 20 days. Market data

Sales-to-new-listings ratio, last 3 months: 48%
Months of supply: 4.2

What it means

  • Balanced market in Palmerston-Little Italy: houses take about 20 days to sell.
  • About 4.2 months of houses for sale in Palmerston-Little Italy at the current pace of sales.

At a glance

Property taxes$10,688 / year
BasementFinished with Walk-Out
Size3,000–3,500 sq ft
PossessionFlexible

About this home

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.

Home details

Click the + to read more.

The homeproperty type, style, size, heating
Property type
Triplex
Style
2-Storey
Size
3,000–3,500 sq ft
Heating
Forced Air
Cooling
Central Air
Basement
Finished with Walk-Out
Lot size
17.92 × 120 feet
Possession
Flexible
Parking and storageparking, garage
Parking
0
Garage
None
Fees and taxesproperty taxes, price per sq ft
Property taxes
$10,688 (2025)
Price per sq ft
$938
Rooms11 rooms with sizes
RoomLevelSizeFeatures
KitchenMain4.35 × 4 mhardwood floor · eat-in kitchen · breakfast bar
Living RoomMain4.3 × 4 mhardwood floor · combined w/family · open concept
Living RoomMain4.05 × 3.44 mhardwood floor · combined w/family · large window
BedroomSecond4.63 × 2.62 mhardwood floor · 3 pc bath · large closet
Bedroom 2Second4 × 3 mhardwood floor · large closet · natural finish
Bedroom 2Basement3 × 2.46 mporcelain floor · 3 pc bath · w/o to patio
Bedroom 2Second3.56 × 2.44 mhardwood floor · skylight · natural finish
BedroomSecond5.69 × 3.41 mhardwood floor · 3 pc ensuite · skylight
KitchenMain3.35 × 2.52 mquartz counter · combined w/dining · porcelain floor
BedroomSecond4.38 × 4 mhardwood floor · skylight · balcony
KitchenMain3.38 × 3.38 mquartz counter · combined w/dining · porcelain floor
What is includedAppliances and fixtures

All Existing Appliances.

What it could cost each month

— a month, estimated

With 20% down. Includes property tax. Estimate only.

Change the numbersHide the calculator
  • Mortgage—
  • Property tax—

Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.

Sale and listing history

Past sales at this address are for members

A free account shows past sale prices and dates, sold prices nearby, and alerts when similar homes list.

Sign in to view

The area

Listing brokerage · MLS® C13562684Exp RealtyData last updated Jul 31, 2026 2:31 pm.

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein is deemed reliable but is not guaranteed accurate by TRREB or its members. It is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under licence.

Want to see it in person?

Tell us when suits you and our team will set up a private showing.

$3,049,0005+1 bed · 5 bathBook a showing