641 Ossington Ave delivers from day one: a semi-detached, fully maintained 3 self-contained units on a 19' x 126' lot in PalmerstonLittle Italy with proven rent and flexible paths for owners. The renovated upper 3-bed/2-bath suite (private entry, hardwood, rooftop deck, parking, central air; water included) is leased to excellent tenants at $3,569.50 /mo who'd love to stay; with proper notice, the largest unit can be owner-occupied later. The main-floor1-bed/1-bath is vacant, reinsulated, with newer fridge and stacked laundry and exclusive use of the paved backyard ready for dining and low-maintenance outdoor living. The renovated 2022 basement 1-bed/1-bath has newer insulation, lighting, kitchen and closet plus keypad entry; shared new washer/dryer for upper and lower. Each unit has a separate entrance. Recent building care includes interior waterproofing, sump pump, redone side-yard concrete for drainage, extensive north-wall masonry/tuck pointing, exterior window sealing, new garage door opener/components, new front-porch railings and carpeted stairs. Out front: a useful porch for coffee or bike storage; out back: a two-car detached garage for parking or storage. Steps to Ossington's restaurants, cafés and shops with TTC, bike lanes and major routes nearby high demand for renters and long-term value for owners. Options abound: live in one and rent two, co-own with privacy, hold as a turnkey investment, or explore converting back to single-family(buyer to verify).
Address
641 Ossington Avenue
List Price
$1,599,000
MLS® Status
New
Expiration Date
2026-01-07
Property Type
Residential Freehold
Type of Dwelling
Semi-Detached
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Palmerston-Little Italy
Region
Toronto
Bedrooms
4 + 1
Bedrooms (Total)
5
Rooms Above Grade
8
Rooms Below Grade
3
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Depth
126
Lot Size Units
Feet
Lot Width
19.08
Parcel Number
212700084
Occupant Type
Tenant
Cross Street
Bloor / Ossington
Approx. Age
100+ Years
MLS® Number
C12449762
Listing Brokerage
BSPOKE REALTY INC.
Basement Area
Apartment, Separate Entrance
Postal Code
M6G 3T6
Posession Details
Flex TBD
Parking
None
Parking Places (Total)
2
Tax Amount
$8,672.00
Tax Year
2025
Site Influences
Deck, Fenced Yard, Park, Patio, Porch, Public Transit, School
Exterior Features
Deck, Patio, Porch
Interior Features
Accessory Apartment, Water Heater, Sump Pump, Auto Garage Door Remote, On Demand Water Heater, Ventilation System
Property Features
Fenced Yard, Park, Public Transit, School
Central Vacuum
No
Family Room
No
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Vinyl Siding
Direction Faces
East
Fireplace
No
Foundation Details
Brick
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Pool Features
None
Roof
Asphalt Shingle, Flat
Tax Legal Description
PT LT 39 BLK 1 PL D198 TORONTO AS IN CA385208; CITY OF TORONTO
Security Features
Carbon Monoxide Detectors, Smoke Detector
Waterfront
No
Sewer
Sewer