Home / Listings
All Photos · 44
Palmerston-Little Italy · M6G 3T3
$1,199,000
MLS® #C13087036
7
Bedrooms (6+1)
2
Bathrooms
1500-2000
Sq Ft
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.
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Main | 9' 7" × 11' 1" |
| Dining Room | Main | 9' 7" × 12' 11" |
| Family Room | Main | 10' 10" × 14' 5" |
| Kitchen | Main | 10' 10" × 16' 1" |
| Primary Bedroom | Second | 15' × 9' 2" |
| Bedroom 2 | Second | 9' 11" × 12' 1" |
| Kitchen | Second | 10' 10" × 10' 2" |
| Bedroom 3 | Third | 15' × 9' 2" |
| Bedroom 4 | Third | 10' 5" × 8' 10" |
| Recreation | Basement | 9' 7" × 17' 1" |
| Laundry | Basement | 6' 6" × 5' 7" |
| Other | Basement | 9' 11" × 14' 3" |
Mortgage Calculator
Estimated monthly payment
$5,890
Down payment: $239,800 · Loan: $959,200
Estimate only. Actual rates and payments vary by lender.
Virtual Tour
View Virtual Tour →Listing Information
Listing courtesy of:
ROYAL LEPAGE SIGNATURE SUSAN GUCCI REALTY
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Jun 3, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.