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About the Listing 328000 -
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.
Listing Highlights
Status
Pending
Days on Site
41
Property Type
Residential
MLS ®
C12713720
Year Built
Total Square Footage
1,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 5
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Separate Entrance
- Other: Accessory Apartment,Water Heater,Sump Pump,Auto Garage Door Remote,On Demand Water Heater,Ventilation System,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: 2 car
- Roof: Asphalt Shingle,Flat
- Others: Deck,Patio,Porch
- Sewer: Sewer
- Parking Features: Detached
Financial Details
- Tax Amount: $8,672
- Taxes w/Assessments: N/A
- Tax/Property ID: 212700084
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
641 Ossington Ave Toronto, ON M6G 3T6
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