Refine Search
Sort by
$1,699,000
5 Beds 4 Baths C13162902 MLS
Welcome to 588 Ossington Avenue, a rare opportunity to own a dynamic, income-generating property in the heart of Palmerston-Little Italy-one of Toronto's most vibrant and consistently high-demand rental locations. The property is currently configured as four self-contained units, offering multiple income streams and strong flexibility for investors or end-users looking to offset carrying costs. The main floor features a spacious 1+den, 1-bath suite with additional recreational space on the lower level and direct access to a large backyard. The basement includes a separate self-contained bachelor Suite. The second level offers a bright 1+den suite with a private balcony, while the third floor hosts a well-sized 1-bedroom unit. The third-floor tenant is currently on a month-to-month basis, with the remaining units vacant-providing immediate flexibility for leasing or end-user occupancy. Based on current market conditions and rental assumptions, the property presents the potential for an attractive return profile, with cap rate performance that may approach or exceed the 5% range; buyers are advised to conduct their own due diligence. This home offers a turnkey opportunity with limited immediate capital requirements. Features include three separate hydro meters, individual climate control, updated windows, and modern interior finishes throughout. A standout feature is the two-car garage with rear laneway access, significantly enhancing both functionality and tenant appeal. Positioned just steps to Ossington's renowned restaurants, cafes, parks, and transit, this location supports exceptional walkability, strong rental demand, and long-term growth potential.An outstanding opportunity to secure a well-located downtown asset with income-generating potential.

588 Ossington Avenue, Toronto

$1,175,000
3 Beds 3 Baths C13150742 MLS
Location! Location! Location! Welcome to Clinton St. in the Heart of Little Italy! An end-row property offering the distinct feel of a semi-detached dwelling. Cared for by the same family for over 50 years, this home now awaits your personal touch! Bright and spacious dwelling with great potential! The main level features living & dining areas with hardwood flooring; large eat-in kitchen with ceramic tiling overlooking the family room; 1x3pc main level bathroom and a large sunroom with a walkout to the rear yard! Upper level comprises three good sized bedrooms and one 4-piece common bathroom. Endless potential in the basement with a 1x4pc. bathroom, laundry sink, and a separate entrance with a walk-up to the side yard. Great-sized lot to enjoy a private, fenced backyard and a desirable detached two-car garage with rear laneway access. This home is steps away from some of Toronto's most iconic restaurants, local cafes and boutique shops on both trendy College St. to the south and Harbord St. to the north. For those who value community, it provides families convenient access to elementary & secondary schools, essential amenities, and city green spaces. It's more than just a neighbourhood-it's a lifestyle for people looking to be in the vibrant community of Palmerston- Little Italy! This is where you want to be! Do not miss out! Property is being sold in "as is" condition with no representations or warranties from the Seller or Listing Brokerage. Some photos have been virtually staged/virtual lawn.

215 Clinton Street, Toronto