493 Ossington Avenue
Palmerston-Little Italy, Toronto, M6G 3T3
FOR SALE
$1,199,000
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6 + 1
BEDROOMS2
BATHROOMS2
KITCHENS8 + 1
ROOMSC13087036
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Property Description
Welcome to 493 Ossington Avenue-an exceptional opportunity to own a legal duplex in the heart of the highly sought-after Palmerston-Little Italy neighbourhood. Built in 1896, this grand residence blends timeless character with modern upgrades, offering over 4 levels of versatile living space ideal for multi-generational families or buyers seeking a strong mortgage helper. With five bedrooms, including two on the finished third level, and soaring ceilings on the main floor, the home delivers the space and flexibility today's buyers crave.Thoughtfully updated and move-in ready, the property offers multiple living configurations. Enjoy it as a spacious single-family home, or take advantage of the legal duplex setup by living in one unit while renting the other. The upper level functions beautifully as a large 3-bedroom suite, creating excellent income potential without compromising comfort or privacy. A rear addition expands the main floor with a generous family room, while the separate living and dining areas offer the option to open up into one expansive entertaining space. Outside, a rare double-car garage with laneway access provides easy, secure parking-an incredible asset in this location. With a 95 Walk Score, 93 Transit Score, and 76 Bike Score, everything you need is at your doorstep. Walk to the vibrant energy of College Street and Little Italy, explore Kensington Market, enjoy nearby green spaces like Dufferin Grove Park and Trinity Bellwoods, and benefit from close proximity to Toronto Western Hospital.This is more than just a home-it's a flexible investment in lifestyle and long-term value. Whether you're accommodating extended family, offsetting your mortgage with rental income, or simply looking for space in one of Toronto's most dynamic communities, 493 Ossington delivers a rare and compelling opportunity.
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Property Features
Other
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Property Details
Address
493 Ossington Avenue
Community
City
Postal Code
M6G 3T3
Property Type
Semi-Detached , Semi-Detached
Lot Size
20' x 126'
Taxes
$7,692 (2025
Basement
Finished with Walk-Out
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
Detached
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Listing contracted with Royal Lepage Signature Susan Gucci Realty
Super Clean & Well Maintained !5 BEDROOM! Semi-Detached Corner Lot Property Situated On A Quiet Cul-De-Sac. A+ Walk Score, Quick Walk To TTC, Banks, Walmart, Etc. The Finished Basement With Separate Entrance Offers Flexible Living Space, And Outside You'll Find A Two-Level Composite Deck Perfect For Family Gatherings, Plus Low-Maintenance Landscaping.
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2 Car garage at back. right of way shared by 3 properties. 2nd floor tenanted, please do not disturb tenants. showing for ground floor, 3rd floor and basement which is vacant for now. Property sold in "as is" condition. Buyer take over 2 tenants on 2nd floor. no lease agreement. Room 2A from July 2022, $630 per month, Room 2B from July 2024 $610 per month.
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***Location Location Location*** Great Investment Property Is Waiting For You! Is A Hidden Gym Located In An Trendy Neighborhood Waiting For The Right Astute Buyer. The Property Currently Boasts Two Kitchens/Two Units With Multiple Bedrooms For Resident's Needs. Potential Total Market Rents Can Reach $5200 PLUS! Bathroom On Each Floor. The Property Includes a Large Lane Way Garage. House Can Be Easily Transformed Back Into Single Family Unit By Breaking Drywall Partition On Main Floor Bedrooms To Create a Large Living And Dinning Space. The Area Has Many Exciting Projects Just Finishing and Starting, Nearby Public Transit, Stockyards Shopping Centre, With Many Parks and Schools Nearby. This Is A Great Property Waiting For You. **EXTRAS** Property Is Divided Into Two Units (Front & Back Units). First Entrance To The Main & Second Floor Unit In The Front. Other Half Of Main Floor & Basement Unit Entrance Located At The Back. Two Finished Basement Bedrooms Not Shown In Pictures & Floor Plan.
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Located in a highly sought-after Toronto neighbourhood, 41 Springhurst Avenue offers exceptional space and convenience with 5 bedrooms and 2 bathrooms-ideal for families or investors. Featuring high ceilings on the main floor, the home provides an open and airy feel throughout. Step outside to enjoy your own private backyard in the city-perfect for relaxing or entertaining. Just minutes from top-rated schools, major highways, vibrant shopping, and Toronto's downtown core, this property delivers the perfect blend of urban convenience and comfortable living with endless potential.
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If you've been looking for a home that gives you options, this one is worth a closer look. Set up with two kitchens, the space is already divided in a way that works, the main floor and finished walkout basement come together as one unit, while the upper level has its own separate entrance, making it easy to live in one part and rent the other, or accommodate extended family without feeling on top of each other. With 5 bedrooms in total, there's no shortage of space to work with, whether you're thinking about long-term living or income potential. The walkout basement adds that extra layer of separation that buyers appreciate, and shared coin laundry is already in place. Out back, you've got laneway access to a detached 2-car garage for parking and storage. The location keeps things practical too, with transit, shops, parks, and schools all within reach, making it a straightforward choice for both homeowners and tenants.
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Opportunity knocks with this spacious semi-detached backsplit 5 home sitting on a rare 30x150 ft deep lot, offering exceptional flexibility for large families, multi-generational living, or investment potential. With 5 bedrooms, 3 bathrooms, two separate entrances, and a layout that allows for possible rental to up to three families. main floor features a bright and oversized living room with a walk-out to an open balcony. kitchen comes equipped with appliances and connects to a breakfast area and dedicated dining room. upper level offers three generous bedrooms, all with windows and closets, and a full 5-piece bathroom. At lower level two additional bedrooms and a 3-piece bathroom, along with a large family room featuring a fireplace and sliding doors that walk out to a deck. Two separate entrance from the garage and side of the house. Ideal for extended family or rental use. finished walk-out basement includes another 3-piece bathroom, rough-in for a future laundry room, and a second kitchen (no appliances), with direct access to the backyard-adding even more versatility and income potential. Prime location close to TTC, highway 404 & 401, schools, parks, shopping, and community amenities, offering excellent convenience and accessibility for commuters and families alike. A solid property with size, depth, and long-term potential in a well-established Toronto neighbourhood.
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