3 SELF-CONTAINED UNITS in the heart of Palmerston-Little Italy, offering exceptional versatility for both investors and end users. Currently configured as three self-contained units, each with its own kitchen and bath, this property presents an excellent opportunity to generate rental income or live comfortably while offsetting expenses. Spanning three levels, each with seperate enterances, bright & functional layouts. Seperate laundry room with coin operated washer/dryer(2025) and seperate hot water tank(2025). The detached two-car garage off the laneway adds rare value and potential for additional income if converted to a coach house (buyer to verify). Enjoy Toronto's most desirable amenities right at your doorstep - steps to Bloor, College, and Harbord, surrounded by trendy cafés, parks, and convenient transit options that make this location truly unbeatable. Whether you're an investor seeking a turnkey income property or a homeowner looking for a flexible live-and-rent setup, 515 Ossington Avenue offers endless potential in one of the city's most sought-after neighbourhoods.
Address
515 Ossington Avenue
List Price
$1,450,000
MLS® Status
New
Expiration Date
2026-04-20
Property Type
Residential Freehold
Type of Dwelling
Semi-Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Palmerston-Little Italy
Region
Toronto
Bedrooms
6
Bedrooms (Total)
6
Rooms Above Grade
11
Bathrooms
3
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
131.5
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
18.75
Occupant Type
Tenant
Cross Street
Bloor/College Ossington
MLS® Number
C12473504
Listing Brokerage
RE/MAX ABOUTOWNE REALTY CORP.
Basement Area
Apartment, Separate Entrance
Postal Code
M6G 3T3
Posession Details
Immediate or 60 if primary occupancy
Parking
None
Parking Places (Total)
2
Tax Amount
$7,722.00
Tax Year
2024
Site Influences
Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School
Interior Features
Accessory Apartment, In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor, Water Heater Owned
Property Features
Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School
Central Vacuum
No
Family Room
Yes
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
Aluminum Siding, Brick
Direction Faces
West
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Detached
Covered Spaces
2
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT LT 41 PL 302 CITY WEST AS IN CA608468; CITY OF TORONTO
Security Features
Carbon Monoxide Detectors, Smoke Detector
Waterfront
No
Sewer
Sewer