296 MONTROSE Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,177,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 23 x 67.33 ft lot
- Features a separate entrance, walk-up, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Carpet Free, Floor Drain, Guest Accommodations
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled in the heart of the highly coveted Palmerston-Little Italy enclave, this rare gem offers a unique opportunity to curate your dream lifestyle in one of Toronto's most coveted neighborhoods. Bathed in natural light from the front facing Family Room, this unusually wide3-bedroom residence impresses with airy 9-foot ceilings on Main Floor and a versatile, functional layout. Whether you are hosting in the oversized eat-in kitchen or utilizing the rear living/dining room as a main-floor den, the home's original character provides an sense of warmth and comfort. With three distinct entry points and direct access to a private carport, convenience is built-in. The Bright And Airy Charm Continues In The Three Sun-Filled Bedrooms Upstairs. The property's potential extends to the fully finished basement, which features a private, separate entrance, a second kitchen, large laundry area and ample storage. This masterclass in versatility is ideal for a private in-law suite, a dedicated nanny quarters, multigenerational living, or high-demand rental to generate premium income. Beyond the front door, you are in the center of it all: steps from the vibrant energy of College Street's famous cafes, Christie Pits Park, top-tier schools, and effortless transit via the Bloor subway line. This home is a beautiful blank canvas, offering a high-value opportunity to secure a classic residence in a world-class neighborhood. Bring your vision and apply your final finishing touches to transform this classic residence into your ultimate urban masterpiece.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Hospital, Park, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Interior Features
Carpet Free, Floor Drain, Guest Accommodations, In-Law Suite, Storage, Water Heater
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 296 MONTROSE Avenue, Toronto C01, ON M6G 3G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,177,000 in Toronto, the legal minimum down payment is $235,400 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,015 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,015 also applies, bringing the total estimated land transfer taxes to $40,030.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.