Toronto C01 M6G 3T6 Ontario
MLS: C12713720
Added 9 hours ago | For Sale
Listed by: BSPOKE REALTY INC.
Live in one and rent two, co-own with privacy, or hold as a fully operational income property - 641 Ossington Ave offers multiple ownership paths, backed by proven rent and two of three units vacant and ready to lease. This fully maintained semi features 3 self-contained units on a 19' x 126' lot in Palmerston-Little Italy. The renovated upper 3-bed/2-bath suite (private entry, hardwood, rooftop deck, keypad entry, central air; water included) is leased to excellent tenants at $3,569.50/mo who'd like to stay, delivering market rent from day one. The main-floor 1-bed/1-bath is vacant, reinsulated, with newer fridge and stacked laundry and exclusive use of the paved backyard, while the renovated 1-bed/1-bath basement suite (separate keypad entry) is also vacant and rental-ready. Seller improvements focus on the items that protect cash flow: exterior waterproofing along the north wall, sump pump, redone side-yard concrete for drainage, extensive north-wall masonry/tuckpointing (2024), exterior window sealing (2025), insulation upgrades, updated kitchens/appliances, new lighting, and newer shared washer/dryer for upper and lower units. A detached two-car garage adds real Ossington value for parking or storage (no driveway). Steps to TTC, bike lanes, Bloor and Ossington's shops and restaurants - strong tenant demand today with long-term value for owners.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Main | Living Room | Hardwood Floor, Window, Pot Lights | 11 ft, 10 in x 13 ft, 5 in |
| Kitchen | Combined w/Dining, Tile Floor, Stainless Steel Appl | 10 ft, 10 in x 15 ft, 1 in | |
| Bedroom | Hardwood Floor, Window, Ceiling Fan(s) | 10 ft, 6 in x 13 ft, 9 in | |
| Second | Living Room | Window, Hardwood Floor | 14 ft, 9 in x 14 ft, 5 in |
| Kitchen | Tile Floor, Stainless Steel Appl, Window | 10 ft, 2 in x 8 ft, 6 in | |
| Bedroom | Window, Closet, Hardwood Floor | 9 ft, 2 in x 11 ft, 6 in | |
| Third | Bedroom | Closet, Window, Hardwood Floor | 8 ft, 6 in x 9 ft, 6 in |
| Bedroom | W/O To Deck, Closet, Hardwood Floor | 14 ft, 9 in x 10 ft, 10 in | |
| Lower | Living Room | Combined w/Kitchen, Pot Lights, Tile Floor | 13 ft, 5 in x 19 ft, 8 in |
| Kitchen | Window, Tile Floor, Combined w/Living | 13 ft, 5 in x 19 ft, 8 in | |
| Bedroom | Tile Floor, Window, Closet | 13 ft, 5 in x 11 ft, 2 in |
No property rooms available.
