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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 1,199,000

Est. payment | -/mo

7 Beds

2 Baths

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$ 1,199,000

Est. payment | -/mo

Save Virtual Tour

7 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Semi-Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto C01

Subdivision Palmerston-Little Italy

MLS Listing ID C13087036

Style 2-Storey

Bedrooms 7

Annual Tax Amount $7,691

Tax Year 2025

Property Sub-Type Semi-Detached

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.

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Rooms

Family Room No

Basement Finished with Walk-Out

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Other

Cooling Central Air

Inclusions See Schedule B attached.

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 20.0

Lot Depth 126.0

Total Parking Spaces 1

Building

Foundation Concrete Block

Others

Senior Community Yes

ParcelsYN No

Virtual Tour https://vimeo.com/1187179961/85e7e65e10?share=copy&fl=sv&fe=ci

Listed by ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY

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+1(647) 493-3579

info@tonyledi.com

CAN

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493 Ossington AVE Toronto C01, ON M6G 3T3