393 Ossington Avenue, Toronto C01

Price: $1,749,900

6 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: C13762708

Some houses tell you exactly what they are. This one asks what you want it to become. Set in one of Toronto's trendiest neighbourhoods, this detached wood-frame home with vinyl siding and brick at the front and rear kitchen addition offers flexibility, character and future potential. A 3-foot side walkway provides convenient access between the front and rear, while the multi-level layout gives renovators, investors and end users plenty to work with.Keep and improve the character, create a spectacular single-family home, or explore additional living space and income opportunities, subject to applicable approvals. A separate basement entrance and flexible floor plan add possibilities. Original oak floors, a bay window and French doors bring character, while important updates include a high-efficiency furnace (2019), copper water lines, updated electrical and panels, and an owned hot water heater. The sloped house and garage roofs and flat roof over the kitchen addition were replaced approx. 10 years ago. Permits are available for the garage, veranda and kitchen addition. At the rear, a patio and garden provide outdoor space, while double laneway access leads to a large detached 2.5-car garage. The laneway may also offer future laneway suite potential, subject to City approvals. Upstairs, the third-floor loft with cathedral ceilings delivers a pretty great Toronto party trick: unobstructed CN Tower views from the front. Ossington is often described as Toronto's answer to Williamsburg, Brooklyn, and has earned recognition as one of the world's trendiest neighbourhoods. Trinity Bellwoods, Little Italy, Little Portugal and Beaconsfield Village surround you, with restaurants, cafés, shops, parks, schools, transit, art and nightlife nearby. Live in it. Renovate it. Reimagine it. Whatever the plan, detached homes with this much flexibility, double laneway access and a large garage in this location don't come along often.

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New Listing
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$1,749,900 - 393 Ossington Avenue, Downtown Toronto

Detached for Sale in Downtown Toronto

New — Listed 7 days ago

Neighbourhood: Trinity-Bellwoods

6Beds
3Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
C13762708
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
6
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Downtown Toronto / Waterfront
Listing Brokerage
NEW ERA REAL ESTATE
Description

Some houses tell you exactly what they are. This one asks what you want it to become. Set in one of Toronto's trendiest neighbourhoods, this detached wood-frame home with vinyl siding and brick at the front and rear kitchen addition offers flexibility, character and future potential. A 3-foot side walkway provides convenient access between the front and rear, while the multi-level layout gives renovators, investors and end users plenty to work with.Keep and improve the character, create a spectacular single-family home, or explore additional living space and income opportunities, subject to applicable approvals. A separate basement entrance and flexible floor plan add possibilities. Original oak floors, a bay window and French doors bring character, while important updates include a high-efficiency furnace (2019), copper water lines, updated electrical and panels, and an owned hot water heater. The sloped house and garage roofs and flat roof over the kitchen addition were replaced approx. 10 years ago. Permits are available for the garage, veranda and kitchen addition. At the rear, a patio and garden provide outdoor space, while double laneway access leads to a large detached 2.5-car garage. The laneway may also offer future laneway suite potential, subject to City approvals. Upstairs, the third-floor loft with cathedral ceilings delivers a pretty great Toronto party trick: unobstructed CN Tower views from the front. Ossington is often described as Toronto's answer to Williamsburg, Brooklyn, and has earned recognition as one of the world's trendiest neighbourhoods. Trinity Bellwoods, Little Italy, Little Portugal and Beaconsfield Village surround you, with restaurants, cafés, shops, parks, schools, transit, art and nightlife nearby. Live in it. Renovate it. Reimagine it. Whatever the plan, detached homes with this much flexibility, double laneway access and a large garage in this location don't come along often.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,740.40/mo

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5-yr fixed avg.

Principal: $1,399,920Interest: $922,199
Mortgage Amount$1,399,920
Total Interest$922,199
Est. Property Tax$1,240/mo
Total Cost$2,322,119

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Trinity-Bellwoods

Discover Trinity-Bellwoods

Trinity-Bellwoods is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Trinity-Bellwoods

  • Convenient location in Downtown Toronto / Waterfront
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Trinity-Bellwoods offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

393 Ossington Avenue, Downtown Toronto / Waterfront

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,000/mo
Range: $3,400 - $4,600
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,000
Maintenance Fees-$0
Property Tax (est.)-$1,240
Insurance (est.)-$365
Net Cash Flow+$2,395

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1167/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downtown Toronto.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Trinity-Bellwoods

I know Trinity-Bellwoods well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    393 Ossington Avenue | $1,749,900 | Battaglia Team