For Sale: 493 Ossington Avenue, Toronto, ON - REW
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$1,199,000
6 + 1 bd • 2 ba • 1500 - 2000 sf • House
493 Ossington Avenue
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$1,199,000
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493 Ossington AvenueToronto, ON, M6G 3T3

Palmerston-Little Italy
  • 6 + 1 Bed
  • 2 Bath
  • 1500 - 2000 Sqft
  • House

About this home

Welcome to 493 Ossington Avenue-an exceptional opportunity to own a legal duplex in the heart of the highly sought-after Palmerston-Little Italy neighbourhood. Built in 1896, this grand residence blends timeless character with modern upgrades, offering over 4 levels of versatile living space ideal for multi-generational families or buyers seeking a strong mortgage helper. With five bedrooms, including two on the finished third level, and soaring ceilings on the main floor, the home delivers the space and flexibility today's buyers crave.Thoughtfully updated and move-in ready, the property offers multiple living configurations. Enjoy it as a spacious single-family home, or take advantage of the legal duplex setup by living in one unit while renting the other. The upper level functions beautifully as a large 3-bedroom suite, creating excellent income potential without compromising comfort or privacy. A rear addition expands the main floor with a generous family room, while the separate living and dining areas offer the option to open up into one expansive entertaining space. Outside, a rare double-car garage with laneway access provides easy, secure parking-an incredible asset in this location. With a 95 Walk Score, 93 Transit Score, and 76 Bike Score, everything you need is at your doorstep. Walk to the vibrant energy of College Street and Little Italy, explore Kensington Market, enjoy nearby green spaces like Dufferin Grove Park and Trinity Bellwoods, and benefit from close proximity to Toronto Western Hospital.This is more than just a home-it's a flexible investment in lifestyle and long-term value. Whether you're accommodating extended family, offsetting your mortgage with rental income, or simply looking for space in one of Toronto's most dynamic communities, 493 Ossington delivers a rare and compelling opportunity.
Listed by: Susan Gucci, Broker, ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY

Home facts and features

Price details
List Price
$1,199,000
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Gross Taxes for 2025
$7,692
Home facts
Bedrooms
6 + 1
Full Bathrooms
2
Parking Spaces
1
Property Type
House
Lot Size
20 ft x 126 ft (2520 ft²)
Depth
126.0
Frontage
20.0
Exterior Finish
Brick
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Finished with Walk-Out
Community
Agent details
Primary Agent
Primary Broker
ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
Listing details
Days on REW
35 Days
Property Views
17
MLS® Number
C13087036
Source
Toronto Real Estate Board
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25 Years
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Property Insights

Dewson Street Junior Public School
  • Public
  • JK - 6
Central Toronto Academy
  • Public
  • 9 - 12
Ossington/Old Orchard Junior Public School
  • Public
  • JK - 6
The Orchard Montessori School Ltd. (Elem
  • Private
  • 1 - 6
Montrose School
  • Public
  • JK - 6
Pope Francis Catholic School
  • Catholic
  • JK - 8
St Francis of Assisi Catholic School
  • Catholic
  • JK - 8
St Mary Catholic Academy Secondary School
  • Catholic
  • 9 - 12
Clinton Street Junior Public School
  • Public
  • JK - 6
É Élém Pierre-Elliott-Trudeau
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Broker
Susan Gucci
Phone:
416-500-0075
Office:
416-443-0300
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.