20 hours ago
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$1,499,000
For Sale

490 Montrose Ave

Palmerston-Little Italy, Toronto

3+1 Bed|3+1 Bath|No|20 hours ago

$1,499,000

Buy with Dwelly and Save $14,990

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Home Details

Taxes
$547 / month
Total Parking Spots
0
Driveway
Street Only
Garage Spaces
NaN
Furnished
No
Lot Size
14.01 x 100.17 Feet
Move-in Date
30-60 TBA
Hydro Included
No
Heating
Water
Water Included
No
Kitchens
2
Family Room
Yes
Basement
Full
Fireplace
Y
Air Conditioning
Wall Unit
Central Vaccum
No
Exterior
Brick, Stucco/Plaster
Zoning
Commercial/Residential Duplex
Sewer
Sewers
Property Type
Semi-Detached
Style
2 1/2 Storey
Status
New
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Listing Description

Stunning Palmerston/Little Italy, legal Duplex, with incredibly rare commercial & residential zoning perfectly located steps to Bloor St and Christie Pits Park. Truly an amazing offering! Currently divided into two two-storey units seamlessly combining chic modern renovations with sought after mechanical upgrades. Main floor / lower features a light filled open concept design highlighted by the original exposed brick party, hardwood floors and gas fireplace. One of a kind restaurant style kitchen with commercial appliances and walk out to professionally landscaped backyard urban oasis. 2nd/3rd flr 2 bedroom, 2 bath unit offers a sun drenched eat in kitchen, large principle rooms and large roof top terrace potential! Both units mechanically upgraded with ensuite laundry. Enjoy a private courtyard like front entrance on iconic Montrose Ave and take advantage of this perfect location to further tailor this gem of a property 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 History

or to view this property's history
Listing DateDOMList PriceSold PriceEventMLS ID
Jul 22, 202232$3,795$3,945LeasedC5707463
Aug 20, 202038$3,095$3,295LeasedC4879563
Jul 5, 201917$3,495$3,495LeasedC4508927
Apr 5, 20190$1,100,000$1,328,000SoldC4406272
Feb 20, 20138$850,000$847,500SoldC2562001

Rooms

Room dimensions for 490 Montrose Ave, Toronto
Living
25 x 11275 sqft
Dining
25 x 11275 sqft
Kitchen
11 x 11121 sqft
Br
11 x 10110 sqft
Bathroom
0 x 00 sqft
Rec
18 x 26468 sqft
Utility
29 x 9261 sqft
Foyer
0 x 00 sqft
Living
25 x 11275 sqft
Dining
25 x 11275 sqft
Kitchen
13 x 10130 sqft
Br
11 x 888 sqft
Bathroom
0 x 00 sqft
Primary
19 x 12228 sqft
Bathroom
0 x 00 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 490 Montrose Ave is 7936

Price

$

Rate

%

Ammortization

Down Payment

$

Total Mortgage


Purchase Price$1499000
Down Payment$299800
Mortgage Insurance$0
Total Mortgage$1199200

Monthly Payment


Mortgage Payment$7390
Property Taxes$546
Maintenance Fees$0
Monthly Payment$7936
$7936
monthly

Sold Comparables

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About 490 Montrose Ave, Toronto

Located at 490 Montrose Ave , this Toronto house is available for sale. This property was listed for $1,499,000 on Mon Sep 15 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Living, Dining, Kitchen, Br, Bathroom, Rec, Utility, Foyer, Living, Dining, Kitchen, Br, Bathroom, Primary, Bathroom. 490 Montrose Ave, Toronto is situated in the Palmerston-Little Italy neighbourhood.


MLS#: C12404553 · $1,499,000 · 3 bedroom house in Palmerston-Little Italy, Toronto