Handsome and grand, this exceptional Victorian residence is ideally situated in the heart of Toronto's coveted Trinity-Bellwoods neighbourhood, just steps from the iconic Ossington Strip. Offering timeless architectural charm & outstanding income potential, this rare three-storey property presents an exceptional opportunity for investors, multi-generational families, or buyers seeking owner-occupancy with significant income! Live comfortably in the spacious vacant 2-bedroom owner's suite , complete with a walkout to a private backyard oasis, while generating approximately $6,000 per month in rental income from the other two suites to pay your mortgage! Currently configured as three self-contained apartments, the home features a large upper level 4-bedroom, 2-bathroom suite with two private outdoor spaces - currently tenanted, a bright and character-filled vacant main-floor 2-bedroom suite, and a tenanted 1-bedroom basement apartment. Excellent tenants in place. Built in 1889, this distinguished home showcases beautifully preserved original 19th-century details, including exquisite stained-glass windows, intricate wood trim, and a striking arched second-floor hallway that speaks to its rich heritage and craftsmanship.Outside, the deep, professionally landscaped backyard is framed by mature trees, creating a private urban retreat rarely found in the city.With an impressive Walk Score of 99, Transit Score of 89, and Bike Score of 84, this address offers the very best of city living. Enjoy immediate access to acclaimed restaurants, cafés, boutiques, galleries, and green spaces in one of Toronto's most vibrant and sought-after communities.A truly rare opportunity to own a remarkable piece of Toronto history in one of its most dynamic neighbourhoods.
Address
261 Ossington Avenue
List Price
$1,499,900
MLS® Status
New
Expiration Date
2026-10-04
Property Type
Residential Freehold
Type of Dwelling
Att/Row/Townhouse
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Trinity-Bellwoods
Region
Toronto
Bedrooms
6 + 1
Bedrooms (Total)
7
Rooms Above Grade
9
Rooms Below Grade
3
Rooms (Total)
12
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Depth
132.5
Lot Size Units
Feet
Lot Width
16.67
Parcel Number
212730131
Occupant Type
Tenant
Cross Street
Ossington/Dundas
MLS® Number
C13078170
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Basement Area
Apartment
Postal Code
M6J 3A1
Posession Details
30-60 TBA
Parking
None
Tax Amount
$6,606.00
Tax Year
2025
Interior Features
Other
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heating
Yes
Heat Source
Gas
Heat Type
Forced Air
Cooling
Yes
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
East
Fireplace
No
Foundation Details
Brick
Garage
No
Garage Type
None
Kitchens Total
3
Kitchens Above Grade
3
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
Plan D29 Blk A Pt Lot 8
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 3.23 x 3.6 Meters | Hardwood Floor |
| Main | Kitchen | 3.23 x 4.37 Meters | Hardwood Floor |
| Main | Bedroom | 2.73 x 3.96 Meters | Hardwood Floor |
| Second | Bedroom | 2.94 x 3.02 Meters | Wood |
| Second | Living Room | 4.04 x 5.99 Meters | Hardwood Floor |
| Second | Bedroom | 3.14 x 3 Meters | Closet, Wood |
| Second | Bedroom | 3.14 x 3.77 Meters | Closet, Wood |
| Second | Kitchen | 2.17 x 3.13 | W/O To Balcony |
| Second | Bedroom | 4.08 x 3.62 | |
| Second | Bedroom | 3.06 x 3.16 | W/O To Balcony |
| Basement | Recreation | 4.07 x 6.78 | |
| Basement | Kitchen | 3.58 x 3.16 | |
| Basement | Bedroom | 3.58 x 3.49 |