641 Ossington Avenue

Toronto, ON M6G 3T6

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.

Listing courtesy of BSPOKE REALTY INC.

Listing information is provided by Participants of the Toronto Real Estate Board. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Toronto Real Estate Board
Last checked 2026-02-04 09:00 AM UTC