452 MONTROSE AVENUE, Toronto (Palmerston-Little Italy), Ontario, M6G3H1
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. (id:2471)
McConkey Real Estate Corp. Brokerage
- 705-931-0271
- 705-745-4321
- johnmcconkey11@gmail.com
- Property Address: 452 MONTROSE AVENUE, Toronto (Palmerston-Little Italy), Ontario, M6G3H1
- Community Name: Palmerston-Little Italy
- Property Type: Multi-family
- Lot Size: 17.9 x 120 FT
- Acreage: 17.9 x 120 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Maintenance Fee: 0.00
- Structure Style: Triplex
- Storeys: 2
- Floor Space: 3000 - 3500 sqft
- Bedrooms: 5 + 1
- Bathrooms: 5-Total 2-Partial
- Basement Type: N/A (Finished)
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Steel, Wood
- Flooring: Hardwood, Porcelain Tile
- Foundation Type: Poured Concrete
| Type | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 4.63 m x 2.62 m |
| Bedroom 2 | Second level | 3.56 m x 2.44 m |
| Bedroom | Second level | 4.38 m x 4 m |
| Bedroom 2 | Second level | 4 m x 3 m |
| Bedroom | Second level | 5.69 m x 3.41 m |
| Bedroom 2 | Basement | 3 m x 2.46 m |
| Living room | Main level | 4.3 m x 4 m |
| Kitchen | Main level | 4.35 m x 4 m |
| Living room | Main level | 4.05 m x 3.44 m |
| Kitchen | Main level | 3.35 m x 2.52 m |
| Kitchen | Main level | 3.38 m x 3.38 m |
Listing Office: EXP REALTY
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Rarely available turnkey Annex triplex! This detached investment property offers...
- 7 Beds
- 3 Baths
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