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493 Ossington Avenue, Toronto, ON M6G 3T3

Toronto C01, ON

$1,099,000
MLS® #: C13621004
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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. **OPEN HOUSE SUN AUG 9, 2-4PM**

Quick Details

Beds7
Baths2
TypeResidential Freehold
Sq Ft0
Parking Spaces1
Taxes$7,692
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Comprehensive Property Details

Bedrooms Above Grade 6
Bedrooms Below Grade 1
Central Vacuum Y N No
City Region Palmerston-Little Italy
Contract Status Available
Country CA
County Or Parish Toronto
Covered Spaces 1
Cross Street College St & Ossington Ave
D D F Y N Yes
Den Familyroom Y N No
Direction Faces East
Directions College St & Ossington Ave
Ensuite Laundry Y N No
Expiration Date 2026-09-30
Fireplace Y N No
Garage Type Detached
Garage Y N Yes
Heat Source Gas
Heat Type Forced Air
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
Kitchens Above Grade 2
Kitchens Total 2
List A O R Toronto Regional Real Estate Board
List Office Name ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
Living Area Range 1500-2000
Lot Depth 126
Lot Size Area Units SquareFeet
Lot Size Source MPAC
Lot Size Units Feet
Lot Width 20
Mls Status New
Occupant Type Vacant
Parcel Number 212720064
Parking Spaces 0
Possession Details TBA
Possession Type Flexible
Postal Code M6G 3T3
Property Sub Type Semi-Detached
Roll Number 190404417002000
Rooms Above Grade 8
Rooms Below Grade 1
Sign On Property Y N Yes
Standard Status Active
State Or Province ON
Street Name Ossington
Street Number 493
Street Suffix Avenue
Survey Type None
Tax Legal Description PT LT 45 PL 302 CITY WEST AS IN CT77899; CITY OF TORONTO
Tax Year 2025
Transaction Type For Sale
Vendor Property Info Statement No
Washrooms Type1 1
Washrooms Type1 Level Second
Washrooms Type1 Pcs 4
Washrooms Type2 1
Washrooms Type2 Level Basement
Washrooms Type2 Pcs 4
Waterfront Y N No