Toronto C01, ON M6G 3T6,641 Ossington AVE
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Toronto C01, ON M6G 3T6,641 Ossington AVE
Toronto C01, ON M6G 3T6,641 Ossington AVE
Toronto C01, ON M6G 3T6,641 Ossington AVE
Toronto C01, ON M6G 3T6,641 Ossington AVE
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$ 1,550,000
Est. payment /mo
New

641 Ossington AVE Toronto C01, ON M6G 3T6

5 Beds

4 Baths


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto C01

Subdivision Palmerston-Little Italy

MLS Listing ID C12713720

Style 2 1/2 Storey

Bedrooms 5

Annual Tax Amount $8,672

Tax Year 2025

Property Sub-Type Semi-Detached

Lot Depth 126.0

Lot Front 19.08

Property Description

Live in one and rent two, co-own with privacy, or hold as a fully operational income property - 641 Ossington Ave offers multiple ownership paths, backed by proven rent and two of three units vacant and ready to lease. This fully maintained semi features 3 self-contained units on a 19' x 126' lot in Palmerston-Little Italy. The renovated upper 3-bed/2-bath suite (private entry, hardwood, rooftop deck, keypad entry, central air; water included) is leased to excellent tenants at $3,569.50/mo who'd like to stay, delivering market rent from day one. The main-floor 1-bed/1-bath is vacant, reinsulated, with newer fridge and stacked laundry and exclusive use of the paved backyard, while the renovated 1-bed/1-bath basement suite (separate keypad entry) is also vacant and rental-ready. Seller improvements focus on the items that protect cash flow: exterior waterproofing along the north wall, sump pump, redone side-yard concrete for drainage, extensive north-wall masonry/tuckpointing (2024), exterior window sealing (2025), insulation upgrades, updated kitchens/appliances, new lighting, and newer shared washer/dryer for upper and lower units. A detached two-car garage adds real Ossington value for parking or storage (no driveway). Steps to TTC, bike lanes, Bloor and Ossington's shops and restaurants - strong tenant demand today with long-term value for owners.

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 3

Separate Den/Office 1

Interior

Interior Features Accessory Apartment, Water Heater, Sump Pump, Auto Garage Door Remote, On Demand Water Heater, Ventilation System

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck, Patio, Porch

Parking Features None

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle,Flat

Lot Frontage 19.08

Lot Depth 126.0

Total Parking Spaces 2

Building

Building Age 100+

Unit Features Fenced Yard,Park,Public Transit,School

Foundation Brick

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Virtual Tour https://www.getwhatyouwant.ca/whitelabel/641-ossington-ave-3


Listed by BSPOKE REALTY INC.
The Nunno Group

The Nunno Group

Broker | License ID: 4555-00

+1(416) 690-2121

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641 Ossington AVE