282 Ossington Ave

FOR SALE
$1,895,000
282 Ossington Ave, Toronto
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
282 Ossington Ave
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6 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
10 + 4
ROOMS
C8311156
MLSID
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Property Description
Fantastic opportunity to live or invest on Ossington Ave. just north of Dundas St W, in the heart of Trinity Bellwoods neighbourhood. This property is VACANT , comprising 3 separate units. Currently configured as a large 4 bedroom unit on 2nd & 3rd floors w/deck, a 2 bedroom unit on main floor and a large 2 bedroom basement unit. The layout is ideal for many Buyers: Investors looking for a turnkey property with an w/estimated income of $120K per annum, or for those looking for a beautiful, well maintained detached home w supplemental income of over $5,000/mo to pay the expenses/mortgage costs, or the property can be easily converted back to a single family home. An oversized 2 car garage w/lane access in the rear completes this amazing opportunity.
Extras
3 fridges, 3 stoves, 1 dishwasher, washer, dryer, all Elf's belonging to the Seller, 60 gallon HWT, High Efficiency Furnace, 200 amp service.
Nearby Intersections
Property Details
Property Type
Detached, 3-Storey
Lot Size
23' x 100'
Fronting
West
Taxes
$6,563 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
Lane
Garage Type
Detached
Room Summary
RoomLevelSizeFeatures
BrMain11.68' x 12.83'Fireplace, Hardwood Floor
LivingMain8.92' x 17.75'Hardwood Floor
2nd BrMain10.76' x 12.83'Bay Window, Hardwood Floor
KitchenMain13.68' x 9.42'Pantry, Eat-In Kitchen
Living2nd15.16' x 12.66'Bay Window, Combined W/Kitchen, Fireplace
Kitchen2nd13.25' x 5.25'Galley Kitchen
Br2nd11.84' x 12.34'Combined W/Sunroom, Closet
2nd Br2nd12.93' x 10.76'Bay Window, Closet
3rd Br3rd12.93' x 12.99'W/O To Deck, Closet
3rd Br3rd16.50' x 12.01'Closet
KitchenBsmt8.17' x 27.85'Combined W/Dining
BrBsmt12.17' x 10.99'
Toronto Market Statistics
Toronto Price Trend
282 Ossington Ave is a 6-bedroom 3-bathroom home listed for sale at $1,895,000, which is $1,124,376 (37.2%) lower than the average sold price of $3,019,376 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 6 bedroom home in Toronto declined by $38,698 (1.3%) compared to the previous 30 day period (March 15 - April 13) and down $282,910 (8.6%) from the same time one year ago.
Inventory Change
There were 44 6-bedroom homes listed in Toronto over the last 30 days (April 14 - May 13), which is up 158.8% compared with the previous 30 day period (March 15 - April 13) and up 25.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
6-bedroom homes in Toronto typically sold ($197,494) (6.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $511,252 decrease compared to the previous 30 day period (March 15 - April 13) and ($18,090) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 6-bedroom homes in Toronto over the last 30 days (April 14 - May 13) stood at 38.6%, down from 70.6% over the previous 30 days (March 15 - April 13) and up from 31.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 6-bedroom 3-bathroom home in Toronto stood at 21 days when successfully sold over the last 30 days (April 14 - May 13), compared to 48 days before being removed from the market upon being suspended or terminated.
Listing contracted with Bosley Real Estate Ltd.
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