$1,499,900Asking Price
261 Ossington Avenue, Toronto C01, ON M6J 3A1
Little Italy, Toronto
Handsome and grand, this exceptional Victorian residence is ideally situated in the heart of Toronto's coveted Trinity-Bellwoods neighbourhood, just steps from the iconic Ossington Strip. Offering timeless architectural charm & outstanding income potential, this rare three-storey property presents an exceptional opportunity for investors, multi-generational families, or buyers seeking owner-occupancy with significant income! Live comfortably in the spacious vacant 2-bedroom owner's suite , complete with a walkout to a private backyard oasis, while generating approximately $6,000 per month in rental income from the other two suites to pay your mortgage! Currently configured as three self-contained apartments, the home features a large upper level 4-bedroom, 2-bathroom suite with two private outdoor spaces - currently tenanted, a bright and character-filled vacant main-floor 2-bedroom suite, and a tenanted 1-bedroom basement apartment. Excellent tenants in place. Built in 1889, this distinguished home showcases beautifully preserved original 19th-century details, including exquisite stained-glass windows, intricate wood trim, and a striking arched second-floor hallway that speaks to its rich heritage and craftsmanship.Outside, the deep, professionally landscaped backyard is framed by mature trees, creating a private urban retreat rarely found in the city.With an impressive Walk Score of 99, Transit Score of 89, and Bike Score of 84, this address offers the very best of city living. Enjoy immediate access to acclaimed restaurants, cafés, boutiques, galleries, and green spaces in one of Toronto's most vibrant and sought-after communities.A truly rare opportunity to own a remarkable piece of Toronto history in one of its most dynamic neighbourhoods.
Handsome and grand, this exceptional Victorian residence is ideally situated in the heart of Toronto's coveted Trinity-Bellwoods neighbourhood, just steps from the iconic Ossington Strip. Offering timeless architectural charm & outstanding income potential, this rare three-storey property presents an exceptional opportunity for investors, multi-generational families, or buyers seeking owner-occupancy with significant income! Live comfortably in the spacious vacant 2-bedroom owner's suite , complete with a walkout to a private backyard oasis, while generating approximately $6,000 per month in rental income from the other two suites to pay your mortgage! Currently configured as three self-contained apartments, the home features a large upper level 4-bedroom, 2-bathroom suite with two private outdoor spaces - currently tenanted, a bright and character-filled vacant main-floor 2-bedroom suite, and a tenanted 1-bedroom basement apartment. Excellent tenants in place. Built in 1889, this distinguished home showcases beautifully preserved original 19th-century details, including exquisite stained-glass windows, intricate wood trim, and a striking arched second-floor hallway that speaks to its rich heritage and craftsmanship.Outside, the deep, professionally landscaped backyard is framed by mature trees, creating a private urban retreat rarely found in the city.With an impressive Walk Score of 99, Transit Score of 89, and Bike Score of 84, this address offers the very best of city living. Enjoy immediate access to acclaimed restaurants, cafés, boutiques, galleries, and green spaces in one of Toronto's most vibrant and sought-after communities.A truly rare opportunity to own a remarkable piece of Toronto history in one of its most dynamic neighbourhoods.
See MoreKey Info
- 2.5-Storey Rowhouse
- 0-Car Driveway
- No Garage
- Ossington/Dundas
- 1500-2000 Approximate Sq Feet
- Basement Apartment
- 3 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 16.67 x 132.5 Feet
- Brick Exterior
- Taxes were $6,606 in 2025
- Possession: 30-60 TBA
Details
- No Fireplace
- No Family Room
- Sewers
- Municipal Water
- MLS #C13078170
- RE/MAX HALLMARK REALTY LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.60' x 14.34' | Hardwood Floor |
 | 1 5-Piece Bathroom | |||
| 1 2-Piece Bathroom | |||
| 2 4-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
Little Italy, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives, science, education, law & public sector and arts & culture professionals and salespeople. It has a higher than average population of immigrants from Portugal and China, and Cantonese and Portuguese speakers. Residents tend to be younger with a significant number of adults aged 25 to 49.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
54%
of residents are
single and loving it.
54% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
50%
of residents
are renters.
50% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
56%
of residents are
university grads.
56% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$141K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Government | 13% |
| Business | 10% |
| Culture | 10% |
| Management | 9% |
Immigrants
36%
of residents were
born outside of Canada.
36% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
10.4% from Portugal
All-time
Birthplace - Recent
1.7% from China
Recent
Foreign Languages
Foreign Languages
| Portuguese | 15% |
| Cantonese | 6% |
| Italian | 5% |
| Mandarin | 4% |
| French | 2% |
Religions
Religions
| Christian | 49% |
| Jewish | 3% |
| Buddhist | 3% |
| Muslim | 1% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
