$1,550,000Asking Price
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.
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.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 10.83' x 15.09' | Combined with Dining, Tile Floor, Stainless Steel Appliances |
| 2 | Kitchen | Lower | 13.45' x 19.69' | Window, Tile Floor, Combined with Living |
| 1 4-Piece Bathroom on Main Floor | ||||
| 1 4-Piece Bathroom | ||||
| 1 3-Piece Bathroom | ||||
| 1 4-Piece Bathroom | ||||
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Bickford Park, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and science, education, law & public sector and arts & culture professionals. It has a higher than average population of immigrants from Portugal, and Italian and Portuguese speakers. Residents tend to be younger with a significant number of adults aged 25 to 49.
Kids Per Family
0.9
kids per family
in the neighbourhood.
55%
of residents are
single and loving it.
55% singles
Toronto (50%)
53%
of residents
are renters.
53% renters
Toronto (47%)
57%
of residents are
university grads.
57% university grads
Toronto (48%)Average Household Income
$140K
is the average household
income in the neighbourhood.
Professions
| Sales | 14% |
| Government | 12% |
| Culture | 11% |
| Business | 11% |
| Management | 9% |
35%
of residents were
born outside of Canada.
35% immigrants
Toronto (48%)8.7% from Portugal
All-time
0.4% from China
Recent
Foreign Languages
| Portuguese | 11% |
| Italian | 5% |
| Cantonese | 4% |
| French | 3% |
| Spanish | 2% |
Religions
| Christian | 52% |
| Jewish | 5% |
| Buddhist | 3% |
| Hindu | 1% |
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
1
Homeless shelters in
the neighbourhood.