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Tony & Ledi Real Estate Team

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

Est. payment | -/mo

7 Beds

4 Baths

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Est. payment | -/mo

Save Virtual Tour

7 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto C08

Subdivision Cabbagetown-South St. James Town

MLS Listing ID C13566570

Style 2 1/2 Storey

Bedrooms 7

Annual Tax Amount $8,762

Tax Year 2026

Property Sub-Type Duplex

Property Description

Welcome to 499 Ontario Street, a spectacular, fully renovated legal duplex in the heart of historic Cabbagetown. The ultimate turnkey opportunity for investors, multi-generational families, or live-rent buyers, this property seamlessly blends classic character with high-end modern design. Step inside to discover soaring ceilings, stunning exposed brick accents, gorgeous marble floors, and premium contemporary finishes throughout. The building is divided into two well-appointed, self-contained residences, each featuring independent ensuite laundry, gourmet kitchens with sleek stainless-steel appliances, and rare, private outdoor spaces. The upper unit is a sun-drenched sanctuary boasting 3 spacious bedrooms, 2 elegant bathrooms, and a spectacular private rooftop deck perfect for relaxing above the city. Below, the main-floor and lower-level suite offers a beautifully executed 4-bedroom, 2-bathroom layout, complete with direct walk-out access to its own private, fully fenced yard. To top it off, this property includes a highly coveted two-car parking pad at the rear-an absolute premium in this historic downtown neighbourhood. Perfectly positioned just steps from vibrant shops, cafes, and patios of Parliament Street, scenic local parks, and transit - this exceptional asset delivers the perfect combination of location, modern luxury, and incredible cash flow.

Location

Province ON

County Toronto

Community Toronto C08

Area Toronto

Rooms

Family Room No

Basement Apartment

Kitchen 2

Separate Den/Office 2

Interior

Interior Features Accessory Apartment, Sump Pump

Cooling Central Air

Fireplaces Type Natural Gas

Inclusions All existing appliances - 2 fridges, 2 stoves, 2 range hoods, 2 dishwashers, 2 washers/2 dryers; all ELFs; all window coverings; gas fireplace in main floor living room (has been disconnected); basement waterproofed and sump pump installed. 2-car parking has been moved to increase yard size - could be easily reconfigured by moving fence to original posts. Smart water valve shut-off; Heated eavestrough waterproofing and damp proofing around the roof line; roof is synthetic slate, rated for 40 years. Freshly painted and move-in ready.

Exterior

Exterior Feature Patio, Paved Yard

Parking Features Private Double

Pool None

View City

Roof Type Other,Slate

Lot Frontage 17.67

Lot Depth 107.81

Total Parking Spaces 2

Building

Building Age 100+

Foundation Stone

Others

Senior Community No

ParcelsYN No

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Listed by BOSLEY REAL ESTATE LTD.

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

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499 Ontario ST Toronto C08, ON M4X 1M7