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. (id:56069)
| MLS® Number | C12713720 |
| Property Type | Single Family |
| Community Name | Palmerston-Little Italy |
| Amenities Near By | Park, Public Transit, Schools |
| Equipment Type | Water Heater - Tankless, Water Heater |
| Features | Sump Pump |
| Parking Space Total | 2 |
| Rental Equipment Type | Water Heater - Tankless, Water Heater |
| Structure | Deck, Patio(s), Porch |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Age | 100+ Years |
| Appliances | Water Heater, Garage Door Opener Remote(s), Water Heater - Tankless, Blinds, Dishwasher, Dryer, Hood Fan, Stove, Washer, Refrigerator |
| Basement Features | Apartment In Basement, Separate Entrance |
| Basement Type | N/a, N/a |
| Construction Style Attachment | Semi-detached |
| Cooling Type | Central Air Conditioning, Ventilation System |
| Exterior Finish | Brick, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 126 Ft |
| Size Frontage | 19 Ft ,1 In |
| Size Irregular | 19.1 X 126 Ft |
| Size Total Text | 19.1 X 126 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Living Room | 4.5 m | 4.4 m | 4.5 m x 4.4 m |
| Second Level | Kitchen | 3.1 m | 2.6 m | 3.1 m x 2.6 m |
| Second Level | Bedroom | 2.8 m | 3.5 m | 2.8 m x 3.5 m |
| Third Level | Bedroom | 2.6 m | 2.9 m | 2.6 m x 2.9 m |
| Third Level | Bedroom | 4.5 m | 3.3 m | 4.5 m x 3.3 m |
| Lower Level | Bedroom | 4.1 m | 3.4 m | 4.1 m x 3.4 m |
| Lower Level | Living Room | 4.1 m | 6 m | 4.1 m x 6 m |
| Lower Level | Kitchen | 4.1 m | 6 m | 4.1 m x 6 m |
| Main Level | Living Room | 3.6 m | 4.1 m | 3.6 m x 4.1 m |
| Main Level | Kitchen | 3.3 m | 4.6 m | 3.3 m x 4.6 m |
| Main Level | Bedroom | 3.2 m | 4.2 m | 3.2 m x 4.2 m |
Contact us for more information
Halina Bucchino
Broker
(416) 274-2068
www.getwhatyouwant.ca/
Matt Shapiro
Broker
(416) 274-2068
www.getwhatyouwant.ca/
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