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Palmerston-Little Italy, Toronto
$1,499,000
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.
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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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