$1,596,000 - 418 Ossington Avenue, Downtown Toronto
Detached for Sale in Downtown Toronto
Popular ListingNeighbourhood: Trinity-Bellwoods
- MLS Number
- C13671544
- Property Type
- Detached
- Status
- active
- Days on Site
- 10
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Live out loud! 418 Ossington. Nearly 2,000 square feet above grade across three storeys of late 1800s Victorian character, completely reimagined for people who love the best of downtown living (hello 9 Michelin restos under a 7-minute walk).The main level hits differently. Ten foot ceilings, original plaster medallions, rich Brazilian hardwood, and a foyer built for a proper arrival - yours and everyone you're about to invite over. The living and dining rooms are impressively large and cohesive, anchored by the original exposed staircase and banister winding upward through the middle of it all. At the back a chef's kitchen with stone counters, commercial Viking appliances, open burners and a 1300 degree salamander - weeknight dinners don't need to be boring and you know it. A hotel style powder room behind the oversized wooden door rounds out the main level nicely. Upstairs: two principal sized bedrooms each with serious closet space and their own tree lined terraces. One has radiant heaters - you're not going to stop enjoying the outdoors just because it got cold. The bathroom between them was likely a third bedroom in a previous life: custom drop in tub, rain shower, double vanity, space for a water closet. It's a lot. You're welcome. Third floor: seven skylights, bedroom, office, SKY. Then the rooftop - outdoor bar with working sink and an outdoor rain shower because who needs a cottage commute when this is waiting at home. The lower level is upgraded mechanicals, a pantry, and a valuable storage area that will have every smaller home dweller rethinking their life choices - plus a blank canvas for whatever comes next. The backyard is surprisingly large, lush and PRIVATE. Built in speakers, cedar decking, 3 pane front windows, exceptional HVAC. The full package. 418 Ossington. Come get it. Neighbours willing to rent parking space :)
Estimate your monthly payments for this property
Estimated Payment
$7,059.65/mo
5-yr fixed avg.
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.
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
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.
418 Ossington Avenue, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1064/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,650 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.