$1,675,000
Toronto
227 Montrose Avenue, Toronto (Palmerston-Little Italy), Ontario, M6G3G6
This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Its $1,675,000 asking price sits right in line with the $1,729,000 median in Toronto. It has been on the market 23 days, fresher than the Toronto average of 54 days.
Welcome to 227 Montrose Avenue, ideally situated in the Iconic Little Italy, one of central Toronto's most vibrant and walkable neighbourhoods. This versatile home offers an exceptional combination of charactor, space, lifestyle and future potential. The home features a rear extension that expands the living space, a fully underpinned basement, and three kitchens, providing the potential to configure the property into up to three separate living suites. Adding even more versatility is the double-car laneway garage, offering valuable parking in the heart of the city and potential future garden suite opportunities. A newer roof, (approx) 7 years new, provides additional peace of mind. The location is equally impressive. With an approximate Walk Score of 97/100, Transit Score of 89/100 and Bike Score of 100/100, everyday convenience is right outside your door. Enjoy easy access to Christie Pits Park, College Street, Little Italy, Kensington Market, Bloor Street, restaurants, cafes, shopping, schools and TTC transit. The neighbourhood offers the best of cental Toronto living - quiet residential streets combined with an incredible selection of dining, recreation, entertainment and urban amenities. Whether you're looking for a spacious family home, a multi-generational property, an income-producing opportunitiy or a home with future development potential, 227 Montrose offers tremendous flexibility. Live, invest and enjoy everything central Toronto has to offer, all from one exceptional location. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 23 days on market, against an average age of 54 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 4-bed single family in Toronto (Palmerston-Little Italy) has been listed for 23 days, which is 31 days fresher than the city average of 54. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,675,000, about 18.4× the local median household income of $91,000.
Carrying it typically needs a household income of about $327,186 (20% down, 25-yr amortization, stress-tested) — roughly 260% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6G)
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.