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Palmerston-Little Italy, Toronto
$1,499,000
Welcome to 464 Montrose Avenue, a beautifully presented detached three-bedroom, three-bathroom home in the heart of sought-after Bickford Park. Framed by a classic white picket fence and pretty front garden, this is a home with wonderful curb appeal from the moment you arrive. Set on a generous 21 x 120 ft west-facing lot, the home features bright principal rooms with high ceilings, a sizeable eat-in kitchen, a rare main-floor powder room and a private west-facing perennial garden. Upstairs, the spacious primary bedroom and second bedroom each feature double closets, while a third bedroom provides flexibility for family, guests or a home office. A renovated family bathroom with heated floors, linen closet and additional built-in cabinetry complete the second level. The detached double-car garage-an exceptional find in this prime urban neighbourhood-is another significant advantage.The newly finished lower level provides incredible versatility with a separate entrance, second kitchen, bathroom, cold room and ample storage space, ideal for extended family, a nanny suite or potential income. A laneway housing report indicates the possibility of an approximately 1,300 sq. ft. laneway suite, creating an exciting opportunity for additional living space or future revenue. Just steps to Christie Pits Park, the subway, neighbourhood cafés, restaurants and shops, 464 Montrose combines character, functionality and exciting future possibilities in one of Toronto's most vibrant neighbourhoods.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $7,274 |
| Lot Size | 21 ft x 120 ft |
| mls© Number | C13783528 |
| Listed By | CHESTNUT PARK REAL ESTATE LIMITED |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $7,673
- Property tax
- $606
- Heat allowance
- $150
- Housing costs
- $8,429 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$259,000
gross annual household income
- Payment at 4%
- $6,308 / mo
- Cash down
- $299,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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