261 Ossington Avenue

About this property

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 (Over 113k anually!) 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. *** Open House Sat 3-5pm ***