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Tertiary Property View
Exceptional Property

490 Montrose Avenue, Toronto (Palmerston-Little Italy)

$1,449,000
null Bedrooms
null Bathrooms
3400 sqft

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Multi-family

Style

Multi-Family

Year Built

N/A

Square Footage

3400 square feet

Bedrooms

N/A

Bathrooms

N/A

Distinguished Features

Property Overview

A Closer Look at This Distinguished Residence

Absolutely perfect Palmerston/Little Italy legal Duplex steps from Bloor street overlooking famed Christie Pits Park. Experience extremely rare property versatility and utilize as full investment, live/rent, multi generational and even zoning for different commercial uses! Property sold with VACANT possession so the choice is yours! Currently divid...

MLS Number

C12468439

Listed By

FREEMAN REAL ESTATE LTD.

Last Updated

Oct 17, 2025, 5:30 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Multi-family
Architectural Style
Multi-Family
Square Footage
3400

Climate Control & Utilities

Heating System
Hot water radiator heat, Natural gas
Air Conditioning
Fully air conditioned
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
40
New
MLS# C12465483
List Date
Oct 16, 2025, 4:00 p.m.
List Price
$1,449,000
Property Type
Sale
Bedrooms
4
Bathrooms
3
Property image
40
New
MLS# C12468439
List Date
Oct 17, 2025, 5:20 p.m.
List Price
$1,449,000
Property Type
Sale

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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