Welcome To

Coming Soon | 641 Ossington Ave

Property Style: 3-units

Lot Size: 19 x 126

Parking: 2-car garage

Basement: separate apartment

Side Represented: Seller

Coming Soon

Coming to MLS on October 7

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641 Ossington Ave delivers from day one: proven rent upstairs and two vacant suites ready to fill. This semi-detached triplex gives you the playbook—live in one, co-own, or hold as a turnkey income property—with a two-car garage, separate entrances, and outdoor space on every level.

  • Upper Unit (Tenanted, $3,250/mo): A renovated three-bedroom, two-bath suite with hardwood floors, a private roof deck, key-pad entry, and parking. The current tenants — praised by the seller as her best in years — would happily stay on, making this a turnkey investment from the moment you close. Prefer to live in the largest unit yourself? Serve notice (per the Residential Tenancies Act guidelines) and make it yours.

  • Main Level (Vacant): A bright one-bedroom, one-bath apartment with a mix of hardwood and tile floors, newer appliances, ensuite laundry, and exclusive access to the backyard. Freshly painted and reinsulated, it’s move-in ready for an owner or a new tenant.

  • Basement (Vacant): Fully renovated in 2022 with updated insulation, new lighting, a refreshed kitchen, and a proper bedroom closet. Secure keypad entry and thoughtful upgrades make it a rental-ready suite with minimal effort.

Recent building care—waterproofing, masonry, drainage, updated systems—means less fixing and more earning. Steps to the Ossington strip and transit, demand here stays strong and vacancy stays low. For the rent roll, projected net and a quiet preview, please contact the listing agents.

 

5 Things We Love

  1. Ownership Your Way – Live in one unit and rent the rest, co-buy with a partner(s), hold as an investment, or convert back to a single-family home. This triplex flexes to your strategy.
  2. Turnkey and Low Maintenance – With extensive upgrades already done — from waterproofing and masonry to insulation and appliances — this property is ready to perform without the headaches.
  3. Outdoor Space for Everyone – A front porch for coffee (or bike storage), a rooftop deck upstairs, a private backyard on the main, and a two-car garage out back. Every unit gets its own slice of the outdoors.
  4. Value That Builds Over Time – Multi-unit homes in prime locations tend to hold and grow value. This property offers market-rate rental income from day one (upper unit) and the opportunity to set your own rents (main and lower units). Here, strong tenant demand and transit access make appreciation a built-in feature.
  5. The Ossington Effect – Few streets carry as much weight as Ossington. It’s a destination for dining, culture, and nightlife — which translates into higher rental desirability and long-term investment strength.

About Palmerston-Little Italy

Listing Agent

Halina Bucchino, Broker

halina@getwhatyouwant.ca

416-822-5976

Matthew-Shapiro
Listing Agent

Matthew Shapiro, Broker

matt@getwhatyouwant.ca

647.501.5655

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