$1,690
641 Ossington Avenue Basement, Toronto C01, ON M6G 3T6
1 Beds
1 Baths
0 Parking
Private 1-bed, 1-bath basement suite at 641 Ossington Ave featuring a separate keypad entry for added convenience and security. This cozy unit offers a functional layout and comfortable living in one of Toronto's most sought-after neighbourhoods. Located steps from the vibrant Ossington strip, you'll enjoy easy access to trendy cafés, restaurants, boutiques, grocery stores, fitness studios, and TTC transit. With nearby parks and a lively community atmosphere, this home is perfect for a single professional or couple looking to experience the best of downtown Toronto living.

Property Summary

Property Type Residential Freehold
Property Sub Type Semi-Detached
Transaction Type For Lease
Style 2 1/2 Storey
Bedrooms Above Grade 1
Bathrooms 1
Kitchens 1
Basement Apartment, Finished with Walk-Out
Exposure East
Possession Immediate

Building

Building Type Semi-Detached
Portion for Lease Not specified by MLS
Square Footage < 700
Exterior Brick, Vinyl Siding
Foundation Brick
Roof Asphalt Shingle, Flat
Heating Forced Air
Heat Source Gas
Cooling Central Air
Fireplace No
Laundry Shared, Common Area

Measurements

Total Living Area < 700

Land

Address 641 Ossington Avenue Basement, Toronto C01, ON M6G 3T6
City Toronto C01
Community Palmerston-Little Italy
County / Area Toronto
Cross Street Bloor St W / Ossington Ave
Sewer Sewer
Pool None
Parcel Number 212700084

Parking and Garage

Total Parking 0
Garage Spaces 0
Garage Type None
Parking Features None

Taxes and Listing Info

List Price $1,690
Status Active
Listing Date 2026-05-15T13:44:35Z
Updated 2026-05-25T16:49:02Z
MLS Number C13132966
Local Market Insight

What Buyers Should Know About 641 Ossington Avenue Basement, Toronto C01, ON M6G 3T6

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

641 Ossington Avenue Basement, Toronto C01, ON M6G 3T6 is positioned in Palmerston-Little Italy, a part of Toronto C01 where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2 1/2 Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Semi-Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Bloor St W / Ossington Ave, public transit options, parking availability, and drive times to employment areas. A property with 0 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,690, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 1 bedrooms, 1 bathrooms, basement details marked as Apartment, Finished with Walk-Out, and a lot size of to be reviewed, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Toronto C01, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Palmerston-Little Italy. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 641 Ossington Avenue Basement, Toronto C01, ON M6G 3T6, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.