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493 Ossington Avenue, Toronto, ON M6G 3T3

Toronto C01, ON, M6G 3T3 · Palmerston-Little Italy

7 Beds
2 Baths
Sq Ft
Semi-Detached Type
C13621004 MLS#

About this property

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 2-4PM**

Features & Amenities

  • Basement: Finished with Walk-Out
  • Garage: Detached
  • Cooling: Central Air
  • Heat Type: Forced Air
  • Heat Source: Gas
  • Style: 2-Storey
  • Construction: Brick
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Semi-Detached
Architectural Style 2-Storey
Bedrooms 7
Bathrooms 2
Basement Finished with Walk-Out
Garage Detached
Heat Type Forced Air
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $7,692
Tax Year 2025

Interior Features

Interior Features
Other

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
2-Storey
Construction Materials
Brick
Foundation Details
Concrete Block
Roof
Asphalt Shingle
Basement
Finished with Walk-Out

Heating & Cooling

Heat Type
Forced Air
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
Detached
Garage
Yes
Parking Spaces
0
Parking Total
1.00
Covered Spaces
1

Lot & Land

Lot Size Units
Feet
Lot Depth
126.00
Lot Width
20.00

Financial & Tax

Tax Annual Amount
$7,692
Tax Year
2025
Possession Type
Flexible
Possession Details
TBA

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
8
Rooms Below Grade
1
Kitchens Above Grade
2
Kitchens Total
2
Bedrooms Above Grade
6
Bedrooms Below Grade
1

Additional Details

Occupant Type
Vacant
Direction Faces
East
County Or Parish
Toronto
Cross Street
College St & Ossington Ave
Directions
College St & Ossington Ave
Special Designation
Unknown
Showing Requirements
Showing System

Location

493 Ossington Avenue, Toronto, ON M6G 3T3, Toronto C01, ON, M6G 3T3

Listing courtesy of ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
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