547 Ossington Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Trinity-Bellwoods. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 20.83 x 80 ft lot
- Features a full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Capability, Storage
- equipped with other central cooling and highly efficient radiant heating via gas
Description
If only every great opportunity came with some sort of a sign...Hold on! Here, there are two: "Dewson" & "Ossington"! The first time offered in over 60 years, this centre hall 3 bedroom 2-storey corner lot with a front door on Dewson and private drive leading to detached garage is the perfect property and location for your renovation. It is very rare that a property downtown has such W-I-D-E room sizes and so many windows on three sides of the home that truly anything is possible here. Located in close proximity to some of the best schools in downtown along with Bloor to the North and Little Italy, Trinity-Bellwoods and the Ossington Strip to the South. Are you a builder? Corner lots like this are given more permissions from the committee. Also, a perfect property for multi unit (CMHC MLI select program). There are 3 main floor entrance doors plus a separate entrance to the basement already! See attached multi-unit report which states that a third floor and 3,825SF total are allowable "as-of-right" (think four 950SF 2-bedroom units)! Also would be easy to renovate to your perfect single family home. Perhaps add a Garden Suite!? Possibilities are endless but properties like this are rare and do not become available often. This is your time to shine! Floor plans attached. Carson Dunlop inspection attached.
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Pricing & Value Insights
Data-driven valuation for 547 Ossington Avenue, Toronto C01, ON M6G 3T4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,199,000 in Toronto, the legal minimum down payment is $239,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
