$1,199,000
Toronto
665 Ossington Avenue, Toronto (Palmerston-Little Italy), Ontario, M6G3T6
This 6-bedroom, 4-bathroom home in Toronto is for sale offering roughly 2,250 sq ft of space. Listed at $1,199,000, it is attractively priced about 33% below the $1,788,000 median asking price in Toronto.
Savvy Investors and Developers! Don't Miss this Exceptional Opportunity in A High Demand Neighborhood with An Outstanding Walk Score. Charming century 3-storey semi-detached home located just a short 4 minute walk from Ossington Subway Station and steps from the eclectic shops and restaurants along Bloor Street, Steps to Christie Station, Koreatown, Little Italy and Harbord Village. Full of original character and charm. Fully-fenced backyard. Detached 1.5 garage via laneway was constructed about 15 years ago (garage door remote included). Basement apartment about 8ft high with separate entrance. Basement renovation and addition in the back is about 10 years old. With over 2100 sqft above grade living space, 5+1 spacious bedrooms, a finished basement apartment with a separate entrance, multiple separate entrances can easily convert the home into a triplex or fourplex, and a fenced backyard leading to a detached garage with laneway access, this property offers immense potential. Simply clearing out the current items and do some cosmetic updates-applying a fresh coat of bright, modern paint will instantly transform the space and maximize its value. Whether you're looking to a laneway house or convert into 4 self-contained units, generate strong rental income across multiple suites or redevelop and maximize the lot's value, the possibilities are endless. Perfect for developers, contractors, investors or multi-generational living. (some of the photos are virtually staged) (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 69 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 6-bed single family in Toronto (Palmerston-Little Italy) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 13.2× the local median household income of $91,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 157% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6G)
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