493 OSSINGTON AVENUE - Photo 1 of 41, Toronto (Palmerston-Little Italy), Ontario
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$1,199,000

493 OSSINGTON AVENUE — Toronto (Palmerston-Little Italy), Ontario

M6G3T3

7Beds
2Baths
1Parking

About This Property

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. **OPEN HOUSE Sat/Sun 2-4 pm** (id:63357)

Property Location

Map

Property Details

Property Type
Detached
Bedrooms
7
Bathrooms
2
Stories
2.0
Status
Active

Location & Neighborhood

What's nearby 493 OSSINGTON AVENUE

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

Dining

Fitness

POI data updated 5/5/2026

Toronto (Palmerston-Little Italy) Market Snapshot

33

Active Listings

$1495K

Median Price

0

Avg Days on Market

Last updated: May 5, 2026

Listed by

ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY

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$1,199,000
Oakwyn Realty Ltd.

Oakwyn Realty Ltd.

Search Listings Online Inc.

3195 Oak St, Vancouver, BC V6H 2L2

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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