For sale · Triplex · 2-Storey
452 Montrose Avenue.
Palmerston-Little Italy, Toronto, ON M6G 3H1
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
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
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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
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 4.35 × 4 m | hardwood floor · eat-in kitchen · breakfast bar |
| Living Room | Main | 4.3 × 4 m | hardwood floor · combined w/family · open concept |
| Living Room | Main | 4.05 × 3.44 m | hardwood floor · combined w/family · large window |
| Bedroom | Second | 4.63 × 2.62 m | hardwood floor · 3 pc bath · large closet |
| Bedroom 2 | Second | 4 × 3 m | hardwood floor · large closet · natural finish |
| Bedroom 2 | Basement | 3 × 2.46 m | porcelain floor · 3 pc bath · w/o to patio |
| Bedroom 2 | Second | 3.56 × 2.44 m | hardwood floor · skylight · natural finish |
| Bedroom | Second | 5.69 × 3.41 m | hardwood floor · 3 pc ensuite · skylight |
| Kitchen | Main | 3.35 × 2.52 m | quartz counter · combined w/dining · porcelain floor |
| Bedroom | Second | 4.38 × 4 m | hardwood floor · skylight · balcony |
| Kitchen | Main | 3.38 × 3.38 m | quartz 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.
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- Mortgage—
- Mortgage insurance (added to loan)—
- 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
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The area
Listing brokerage · MLS® C13562684Exp RealtyData last updated Jul 31, 2026 2:31 pm.
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