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Saad Saleem Tabani
Broker of Record & Home Developer

Meet Saad Saleem Tabani

With over a decade of experience in the Canadian housing market and leading many residential development projects. At Bridge we have honed our skills to provide you with a results-driven real estate experience. We build homes, help families Bridge into their next home and navigate complex real estate trends. Learn more

641 Ossington Avenue Toronto (Palmerston-Little Italy), Ontario M6G3T6

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5
Beds
4
Baths

Property Details

Basic Information
MLS® ID: 29270896
Status: Active
Bedrooms: 5
Bathrooms: 4
Location
Full Address: 641 Ossington Avenue Toronto (Palmerston-Little Italy), Ontario M6G3T6
City: Toronto (Palmerston-Little Italy)
Province/State: Ontario
Postal Code: M6G3T6
Country: Canada
Coordinates: 43.659774, -79.424496
Property Details
Property Type: house
Utility Information

Financial Details

Detail Amount
List Price $1,550,000

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Toronto (Palmerston-Little Italy) Property Description

Live in one and rent two, co-own with privacy, or hold as a fully operational income property – 641 Ossington Ave offers multiple ownership paths, backed by proven rent and two of three units vacant and ready to lease. This fully maintained semi features 3 self-contained units on a 19′ x 126′ lot in Palmerston-Little Italy. The renovated upper 3-bed/2-bath suite (private entry, hardwood, rooftop deck, keypad entry, central air; water included) is leased to excellent tenants at $3,569.50/mo who’d like to stay, delivering market rent from day one. The main-floor 1-bed/1-bath is vacant, reinsulated, with newer fridge and stacked laundry and exclusive use of the paved backyard, while the renovated 1-bed/1-bath basement suite (separate keypad entry) is also vacant and rental-ready. Seller improvements focus on the items that protect cash flow: exterior waterproofing along the north wall, sump pump, redone side-yard concrete for drainage, extensive north-wall masonry/tuckpointing (2024), exterior window sealing (2025), insulation upgrades, updated kitchens/appliances, new lighting, and newer shared washer/dryer for upper and lower units. A detached two-car garage adds real Ossington value for parking or storage (no driveway). Steps to TTC, bike lanes, Bloor and Ossington’s shops and restaurants – strong tenant demand today with long-term value for owners. (id:58062)