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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Palmerston-Little Italy
  • 497 Ossington Avenue
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  • Sold Sold in Nov 2025
  • Semi Detached

497 Ossington Avenue

Toronto, Palmerston-Little Italy
  • 3 Bedrooms
  • 4 Bathrooms
  • 2 Garage
  • Share
Sold Price: $ 1,225,000
22.51%
Listed Price: $ 999,900
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Room Details of 497 Ossington Avenue, Toronto

FloorBedroomsBathrooms
Second 3 *

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Key Facts About 497 Ossington Avenue, Toronto

  • Tax $7,488 / 2025
  • Property Type Residential
  • Building Type Semi-Detached
  • Building Style 2-Storey
  • Size 1500 - 2000 feet²
  • Lot Size 20 x 126 feet
  • Basement Finished with Walk-Out, Apartment
  • Listing # C12542620
  • Data Source PROPTX
  • Days on Market 11
  • Listed On 13/11/2025
  • Updated On 26/11/2025
  • Market Demand
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Description

Welcome to 497 Ossington Ave! This 2-storey, semi detached home is full of potential! With three bedrooms, 4 full bathrooms, and over 1600 sqft of above grade living space, there is plenty of opportunity here. Walk into a spacious front room with big bright windows. Barn doors separate another spacious room that could be used as a dining room, office or fourth bedroom. The kitchen walks out to a covered patio in the backyard, perfect for entertaining. Enjoy the convenience of a full washroom on the main floor! The second story boasts three larg

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Property Details of 497 Ossington Avenue, Toronto

Property

  • Property Type Semi Detached
  • Style 2-Storey
  • Fronting On E
  • Community Palmerston-Little Italy
  • Municipality Toronto

Inside

  • Bedrooms 3
  • Bathrooms 4
  • Basement Finished with Walk-Out, Apartment
  • Kitchen 1 + 1
  • Rooms 8
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Water Municipal
  • Cooling Central Air
  • Heating Type Forced Air
  • Heating Fuel Gas

Building

  • Size 1500 - 2000 feet²
  • Architecture Style 2-Storey
  • Exterior Feature Brick

Parking

  • Garage Type Detached
  • Garage 2
  • Total Parking Places 2

Land

  • Sewer Sewer
  • Frontage 20
  • Depth 126
  • Lot Size 20 x 126 feet
  • Lot Size Code Feet
  • Cross Street College and Ossington

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Our Estimate

See Real Estate Market Trends in Toronto

Estimated Rent

$ 6,815

Rental Yield

5.55%

School Score

7.5/10

Rental Score

5/5

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Rooms

Kitchen (4.27X3.58 metre)
Level: Basement
Recreation (8.69X4.45 metre)
Level: Basement
Utility Room (2.79X2.34 metre)
Level: Basement
Laundry (2.87X2.06 metre)
Level: Basement
Dining Room (3.43X3.99 metre)
Level: Main
Kitchen (4.27X3.86 metre)
Level: Main
Primary Bedroom (4.52X3.61 metre)
Level: Second
Bedroom 2 (3.51X3.28 metre)
Level: Second
Bedroom 3 (4.27X3.86 metre)
Level: Second
Living Room (4.39X4.5 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 497 Ossington Avenue, Toronto

Welcome to the delightful house for sale in Toronto , located at 497 Ossington Avenue, Toronto. This charming semi-detached home, which boasts a classic 2-storey design, is nestled in the vibrant community of Palmerston-Little Italy. With its attractive brick exterior, this property presents a wonderful opportunity for those looking to settle in a lively area that is rich in culture and amenities.

As you step inside this inviting house for sale in Toronto, you are greeted by a spacious front room that features large, bright windows, allowing natural light to flood the space. This welcoming atmosphere sets the tone for the rest of the home. The layout is thoughtfully designed, with barn doors leading to another generous room that could serve multiple purposes—be it a dining room, an office, or even a fourth bedroom. The versatility of this space is a significant advantage for potential buyers.

The main floor also features a well-appointed kitchen, which conveniently walks out to a covered patio in the backyard. This outdoor space is ideal for entertaining friends and family during those warm summer evenings. Moreover, the convenience of a full washroom on the main floor adds to the practicality of this house for sale in Toronto, making it perfect for both residents and guests.

Venturing to the second storey, you will find three spacious bedrooms that are bathed in natural light. Each room offers ample space, ensuring comfort for family members or guests. The layout of the bedrooms is designed to provide privacy while maintaining a sense of openness throughout the home.

The finished basement is another highlight of this property. It features a full kitchen and two additional washrooms, making it an excellent space for guests or as a potential rental unit, given its separate entrance to the back patio. This flexibility adds to the appeal of the house for sale in Toronto, catering to a variety of living arrangements.

The property is situated on a generous lot measuring 20 by 126 feet, providing ample outdoor space for gardening or relaxation. While there is no pool, the backyard offers a lovely area for outdoor activities. Additionally, the house comes with a detached double garage, complete with laneway access, which is a significant advantage in urban living. Parking is made easy, even though there is no driveway or additional parking space.

In terms of utilities, this home is equipped with central air conditioning, ensuring comfort during the warmer months. The heating system operates on forced air, and the property is connected to municipal water and sewer services, providing peace of mind regarding essential amenities. Internet access is readily available, making it convenient for those who work from home or enjoy streaming their favourite shows.

It is important to note that this house for sale in Toronto is unfurnished, allowing new owners the freedom to personalise the space according to their tastes and preferences. The absence of a central vacuum system and a family room may be seen as drawbacks, but they also present an opportunity for buyers to create their own unique living environment.

In summary, this well-maintained family home at 497 Ossington Avenue, Toronto, is ready for its next chapter. With its three bedrooms, four full bathrooms, and a finished basement, this house for sale in Toronto is brimming with potential. The prime location in the Palmerston-Little Italy community adds to its desirability, making it an ideal choice for families, professionals, or investors alike. Don’t miss the chance to explore this fantastic property and envision the possibilities that await!

Palmerston-Little Italy is a vibrant and culturally rich neighbourhood nestled in the heart of Toronto, renowned for its charming blend of historic architecture and modern amenities. Characterised by tree-lined streets and an eclectic mix of shops, cafés, and restaurants, this area boasts a lively atmosphere that reflects its diverse heritage, particularly its Italian roots. Residents enjoy easy access to lush parks, local markets, and a strong sense of community spirit, making it an ideal place for those seeking both urban convenience and a welcoming environment. With its excellent public transport links and proximity to downtown, Palmerston-Little Italy offers a unique living experience that captures the essence of city life while maintaining a close-knit, neighbourhood feel.

Schools in the Neighbourhood

This property is ideally located near several educational institutions, catering to various educational needs for families. The closest option is Dewson Street Junior Public School, just 0.1 km away, offering elementary education from Junior Kindergarten to Grade 6, with a commendable school rating of 5.1. Horizon Alternative Senior School, located 0.2 km away, serves grades 7 to 8, although it currently has a rating of 0. For secondary education, Harbord Collegiate Institute is a notable choice, situated 0.9 km from the property, boasting an impressive rating of 8.8. Additional options include Pope Francis Catholic School, a nearby elementary school (0.5 km) with a rating of 6.6, and St. Mary Catholic School (1.9 km), which offers education in French and has a rating of 5.7. Other schools, such as Bishop Marrocco/Thomas Merton Catholic Secondary School (2.3 km) and Ryerson Community School (1.7 km), provide further choices for families. Overall, the area is rich in educational resources, ensuring that residents have access to quality schooling options within a convenient distance.

FAQs About 497 Ossington Avenue, Toronto

How many bathrooms does this property have?

This property features 4 bathroom(s) and 3 bedroom(s).

Does this 3 bedroom property have additional bedrooms or a den?

This Semi Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Semi Detached property?

The total square footage of this Semi Detached 3 bed property in Toronto is 1500 - 2000.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 497 Ossington Avenue?

This property features a garage with space for 2 cars.

What type of garage does this property have?

This property includes an Detached garage with space for 2 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Finished with Walk-Out, Apartment basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Forced Air.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 497 Ossington Avenue, Toronto

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Listing History

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