227 Montrose Ave
Palmerston-Little Italy, Toronto, Ontario M6G 3G6
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 1,500–2,000sq ft
- Per sq ft
- $957at the range’s middle
- Lot
- 16.5 x 110 ft
- Tax a year
- $7,2182026 tax year
- Parking
- 22 detached
- Days on market
- Members
The brief
About 227 Montrose Ave
227 Montrose Ave is a 4-bedroom, 2-bathroom semi-detached house in Palmerston-Little Italy, Toronto, listed for sale at an asking price of $1,675,000 (MLS® C14030820).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall8/100−$4,294/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 43 semi-detached homes with 4 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $7,218 / 2026
- MLS® number
- C14030820
- Board
- TRREB MLS®
- Property Type
- Semi-Detached
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 16.5 x 110 ft
- Listed on
- Parking
- 2 Detached, 2 Parking
Property details
Property
- Property Type
- Semi-Detached
- Style
- 2 1/2 Storey
- Community
- Palmerston-Little Italy
- Municipality
- Toronto
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 4
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 4pc Lower
- Basement Type
- Finished
- Kitchens
- 2
Parking
- Driveway
- Lane
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 16.5 ft
- Depth
- 110 ft
- Lot Size
- 16.5 x 110 ft
Additional
- Foundation
- Brick, Concrete, Concrete Block
- Roof
- Asphalt Shingle, Flat, Rolled, Membrane
- Fireplace
- Yes
- Pool
- None
- Den
- No
- Family room
- No
- Extras
- All window coverings, electrical fixtures, exisiting appliances (2x Fridge, 2x Stove, 2X Hoodfan, Dishwasher, Washer and Dryer, Furnance, Central Air Conditioning Unit, Hot Water Tank, Garage Door Opener)
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 1.13 × 1.32 m | Tile Floor, Wood Trim | Main |
| Living | 3.13 × 3.97 m | Stone Fireplace, hardwood floor, Large Window | Main |
| Dining | 3.46 × 4.03 m | hardwood floor, Wood Trim, Large Window | Main |
| Kitchen | 2.83 × 4.54 m | Family Size Kitchen, Ceramic Floor, Double Sink | Main |
| Breakfast | 2.68 × 2.87 m | Ceramic Floor, W/O To Patio, Large Window | Main |
| Br | 3.22 × 4.35 m | hardwood floor, Closet, Large Window | 2nd |
| 2nd Br | 2.64 × 3.68 m | hardwood floor, Closet, O/Looks Backyard | 2nd |
| Kitchen | 2.54 × 2.83 m | Combined W/Br, Tile Floor, Stainless Steel Sink | 2nd |
| Primary | 3.68 × 4.35 m | W/O To Patio, hardwood floor, Closet | 3rd |
| 4th Br | 3.22 × 4.36 m | hardwood floor, Closet, Window | 3rd |
| Rec | 4.01 × 6.37 m | Tile Floor, Closet, 4 Pc Bath | Lower |
| Kitchen | 2.83 × 4.47 m | Tile Floor, Backsplash, Double Sink | Lower |
| Laundry | 1.4 × 1.79 m | Tile Floor, Laundry Sink | Lower |
| Cold/Cant | 2.46 × 3.71 m | Concrete Floor, B/I Shelves | Lower |
| Cold/Cant | 2.78 × 2.83 m | Above Grade Window, B/I Shelves, Tile Floor | Lower |
Listing history
Buy/sell history for 227 Montrose Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,675,000 | N/A | For Sale | C14030820 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $335,000
- Total mortgage amount
- $1,340,000
- Total interest payment
- $952,600
- Total purchase cost
- $2,627,600
- Mortgage payment
- $7,642/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
65%Monthly carrying cost
$8,244- Rent $3,950
- Shortfall $4,294
Rental income opens at $3,950, the median asking rent of 43 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $29,975
- Toronto municipal land transfer tax
- $29,975
- Total land transfer tax
- $59,950
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $51,475
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,675,000
- $25,500
- Ontario total
- $29,975
Toronto’s municipal tax uses the same brackets at this price, so it adds another $29,975.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 1,815 sq ft169 m²
- Street frontage
- 16.5 ft5 m
- Depth
- 110 ft33.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by MPAC.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m3 test or monitoring holes also recorded.250 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 105 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 3.2 km3.2 km
- Mapped parcel: about 1,660 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Mondelez Canada Inc — Gladstone, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
R (d0.6) (x735)By-law
569-2013Municipality
Toronto1 d0.6
Density: floor area is capped at 0.6 times the lot area.
2 x735
Site-specific exception 735: this site has rules of its own, written in the by-law.
3 Where this is written
Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(735)
4 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 2 open development applications within 800 m of this home.
833 COLLEGE STSite planUnder Review
INACTIVE Proposed development consists of a six (6) storey mixed-use building including 58.4 square metres of commercial space at grade and 5 residential dwelling units above totaling 982.48 square metres. Proposed pedestrian access to the commercial unit is proposed from College Street and proposed pedestrian and vehicular access to the Residential Lobby is from Ossington Avenue. Four (4) surface parking spaces are proposed including one (1) Low Emitting Vehicle (LEV) Parking Spaces and one (1) Electric Vehicle Supply Equipment (EVSE) Parking Spaces.
430 m away108 HARRISON STSite planUnder Review
Site Plan Approval for renovations to the existing building at 108 Harrison Street to serve as a municipal shelter.
650 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Semi-detached homes for sale in Palmerston-Little Italy right now
- For sale now
- 18
- Median asking price
- $1.79M
- New in 7 days
- 3
- Price cuts
- 6%
Middle half: $1.42M to $2.2M
10 in 28 days
1 listing
This home is asking 6% below the median.
See all homes in Palmerston-Little ItalyAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Christie Station | TTC subway: Line 2 Bloor-Danforth | 850 m |
| Ossington Station | TTC subway: Line 2 Bloor-Danforth | 900 m |
| Bathurst Station | TTC subway: Line 2 Bloor-Danforth | 1.3 km |
| Exhibition GO | GO Transit train: Lakeshore West | 2.3 km |
| Cedarvale Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 5 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Montrose Junior Public SchoolToronto DSB | Public · grades JK–6 | 250 m | 90%Grade 6 average |
| St Francis of Assisi Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 300 m | 80%Grade 6 average |
| Clinton Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 400 m | 92%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 600 m | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Central Toronto AcademyToronto DSB | Public · grades 9–12 | 350 m | 47%Grade 9 math |
| Harbord Collegiate InstituteToronto DSB | Public · grades 9–12 · French Immersion | 650 m | 77%Grade 9 math |
| St Mary Catholic AcademyToronto CDSB | Catholic · grades 9–12 | 1.1 km | 45%Grade 9 math |
| ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 1.8 km | 69%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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