5 Bedroom
4 Bathroom
1,500 - 2,000 ft2
Central Air Conditioning, Ventilation System
Forced Air
$1,550,000
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. (id:50976)
Property Details
|
MLS® Number
|
C12713720 |
|
Property Type
|
Single Family |
|
Community Name
|
Palmerston-Little Italy |
|
Amenities Near By
|
Park, Public Transit, Schools |
|
Equipment Type
|
Water Heater - Tankless, Water Heater |
|
Features
|
Sump Pump |
|
Parking Space Total
|
2 |
|
Rental Equipment Type
|
Water Heater - Tankless, Water Heater |
|
Structure
|
Deck, Patio(s), Porch |
Building
|
Bathroom Total
|
4 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Below Ground
|
1 |
|
Bedrooms Total
|
5 |
|
Age
|
100+ Years |
|
Appliances
|
Water Heater, Garage Door Opener Remote(s), Water Heater - Tankless, Blinds, Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
|
Basement Features
|
Apartment In Basement, Separate Entrance |
|
Basement Type
|
N/a, N/a |
|
Construction Style Attachment
|
Semi-detached |
|
Cooling Type
|
Central Air Conditioning, Ventilation System |
|
Exterior Finish
|
Brick, Vinyl Siding |
|
Fire Protection
|
Smoke Detectors |
|
Flooring Type
|
Hardwood, Tile |
|
Foundation Type
|
Brick |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
1,500 - 2,000 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Fence Type
|
Fenced Yard |
|
Land Amenities
|
Park, Public Transit, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
126 Ft |
|
Size Frontage
|
19 Ft ,1 In |
|
Size Irregular
|
19.1 X 126 Ft |
|
Size Total Text
|
19.1 X 126 Ft |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Second Level |
Living Room |
4.5 m |
4.4 m |
4.5 m x 4.4 m |
|
Second Level |
Kitchen |
3.1 m |
2.6 m |
3.1 m x 2.6 m |
|
Second Level |
Bedroom |
2.8 m |
3.5 m |
2.8 m x 3.5 m |
|
Third Level |
Bedroom |
2.6 m |
2.9 m |
2.6 m x 2.9 m |
|
Third Level |
Bedroom |
4.5 m |
3.3 m |
4.5 m x 3.3 m |
|
Lower Level |
Bedroom |
4.1 m |
3.4 m |
4.1 m x 3.4 m |
|
Lower Level |
Living Room |
4.1 m |
6 m |
4.1 m x 6 m |
|
Lower Level |
Kitchen |
4.1 m |
6 m |
4.1 m x 6 m |
|
Main Level |
Living Room |
3.6 m |
4.1 m |
3.6 m x 4.1 m |
|
Main Level |
Kitchen |
3.3 m |
4.6 m |
3.3 m x 4.6 m |
|
Main Level |
Bedroom |
3.2 m |
4.2 m |
3.2 m x 4.2 m |
https://www.realtor.ca/real-estate/29270896/641-ossington-avenue-toronto-palmerston-little-italy-palmerston-little-italy
