493 Ossington Ave

LocationPalmerston-Little Italy, Toronto, M6G 3T3
$1.099M For Sale
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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**

Features

  • House Facing
    Facing: East
  • Bedrooms
    Bedrooms: 6
  • Bathrooms
    Bathrooms: 2
  • Garages
    Garages: 1
  • Kitchens
    Kitchens: 2

Details

  • Front Lot
    Lot size: 20.00 x 126.00 Feet
  • Lot Depth
    Space: 1500-2000
  • Tax Amount
    Tax: $ 7691.69
  • MLS
    C13621004
  • Listing contracted with: ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
Room Size(M) Description
Living Rm2.93x3.38

Dining Rm2.93x3.94

Family Rm3.30x4.40

Kitchen3.30x4.89

Primary B4.57x2.80

2nd Br3.01x3.69

Kitchen3.30x3.11

3rd Br4.57x2.80

4th Br3.18x2.68

Recreatio2.92x5.21

Laundry1.98x1.69

Other3.01x4.35



Bathroom Pieces Level
1xBath4 pcs

Second

1xBath4 pcs

Basement



Property Summary

Located close to the intersection of College St & Ossington Ave, 493 Ossington Ave is a 6+1 bedrooms 2 washrooms Semi-Detached. The unit has a Single Detached Parking Space. The property has many nice features including Other. Living Room Rm, Dinning Room Rm, Family Room Rm and Kitchen are on the Main floor.

Local Area Profile

This property is located in an area with a high level of homeownership with a strong concentration of apartment and condominium housing, along with some townhouses. Approximately 60% of residents hold a bachelor's degree or higher, while about 16% have a college credential. Residents use a combination of driving and public transit for commuting.





School Information

  • elementary schools
    King Edward Junior and Senior Public School (Grade:JK-8) 1119/3037
  • secondary schools
    Harbord Collegiate Institute (Grade:9-12) 163/739
  • elementary schools
    Ryerson Community School (Grade:JK-8) 2413/3037
  • elementary schools
    Lord Lansdowne Junior Public School (Grade:0-6) 548/3037
  • elementary schools
    King Edward Junior and Senior Public School (Grade:JK-8) 1119/3037


Commute Information

Toronto Subway Ossington Subway Station (0.8km)
GTA Go Train Bloor Go Train Station (2.2km)

Location





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