$1,499,000 - 464 Montrose Avenue, Downtown Toronto
Detached for Sale in Downtown Toronto
New — Listed 2 days agoNeighbourhood: Palmerston-Little Italy
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- MLS Number
- C13783528
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Welcome to 464 Montrose Avenue, an inviting detached three-bedroom, three-bathroom residence in the heart of sought-after Bickford Park. Framed by a classic white picket fence and landscaped front garden, the property makes a memorable first impression. Set on a generous 21 x 120 ft west-facing lot, bright principal rooms with high ceilings lead to a sizeable eat-in kitchen, while a rare main-floor powder room adds everyday convenience. Beyond, a lush perennial garden creates a private setting for outdoor dining and entertaining. Upstairs, the spacious primary bedroom and second bedroom each offer double closets, while the third provides flexibility for family, guests or a home office. A renovated family bathroom with heated floors, linen closet and built-in cabinetry completes the second level. The newly finished lower level expands the living space with a separate entrance, second kitchen, bathroom, cold room and ample storage, ideal for extended family, a nanny suite or potential income. A detached double-car garage is a coveted bonus, while a laneway housing report indicates the possibility of an approximately 1,300 sq. ft. laneway suite, presenting further opportunity for future living space or revenue. Steps to Christie Pits Park, the subway, and neighbourhood cafés, restaurants, and shops, this is an exceptional opportunity to enjoy space, versatility, and connectivity in one of Toronto's most vibrant neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$6,630.58/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Palmerston-Little Italy
Palmerston-Little Italy is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Palmerston-Little Italy
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Palmerston-Little Italy offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
464 Montrose Avenue, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1363/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Palmerston-Little Italy
I know Palmerston-Little Italy well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.