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588 Ossington Avenue — Att/Row/Townhouse

For Sale

Toronto, ON M6G 3T5

5 Bed · 4 Bath · Att/Row/Townhouse

MLS #C13162902

$1,699,000

Listed Price

About This Property

Welcome to 588 Ossington Avenue, a rare opportunity to own a dynamic, income-generating property in the heart of Palmerston-Little Italy-one of Toronto's most vibrant and consistently high-demand rental locations. The property is currently configured as four self-contained units, offering multiple income streams and strong flexibility for investors or end-users looking to offset carrying costs. The main floor features a spacious 1+den, 1-bath suite with additional recreational space on the lower level and direct access to a large backyard. The basement includes a separate self-contained bachelor Suite. The second level offers a bright 1+den suite with a private balcony, while the third floor hosts a well-sized 1-bedroom unit. The third-floor tenant is currently on a month-to-month basis, with the remaining units vacant-providing immediate flexibility for leasing or end-user occupancy. Based on current market conditions and rental assumptions, the property presents the potential for an attractive return profile, with cap rate performance that may approach or exceed the 5% range; buyers are advised to conduct their own due diligence. This home offers a turnkey opportunity with limited immediate capital requirements. Features include three separate hydro meters, individual climate control, updated windows, and modern interior finishes throughout. A standout feature is the two-car garage with rear laneway access, significantly enhancing both functionality and tenant appeal. Positioned just steps to Ossington's renowned restaurants, cafes, parks, and transit, this location supports exceptional walkability, strong rental demand, and long-term growth potential.An outstanding opportunity to secure a well-located downtown asset with income-generating potential.

Property Details

Bedrooms

5

Bathrooms

4

Square Feet

2000-2500 sqft

Property Type

Att/Row/Townhouse

Style2 1/2 Storey
Lot Size19 127 ft
Frontage19.1 ft
Depth127.0 ft
GarageDetached
BasementFinished, Separate Entrance
CoolingCentral Air
HeatingForced Air
Parking Spaces2
Listed OnMay 21, 2026
MLS Size2000-2500
Property Tax$9,637/year

Rooms

NameSize (m)Size (ft)Features
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Living Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Dining Room(Main)3.59 x 5.4611.8 x 17.9-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Kitchen(Main)3.59 x 4.0811.8 x 13.4-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Primary Bedroom(Main)3.74 x 3.812.3 x 12.5-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Den(Main)3.6 x 2.9511.8 x 9.7-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Living Room(Second)4.68 x 4.6815.4 x 15.4-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Kitchen(Second)2.74 x 4.579.0 x 15.0-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Primary Bedroom(Second)3.69 x 3.7512.1 x 12.3-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Den(Second)2.7 x 2.328.9 x 7.6-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Living Room(Upper)3.82 x 3.3212.5 x 10.9-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Kitchen(Upper)4.68 x 3.2615.4 x 10.7-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Primary Bedroom(Upper)3.93 x 4.1612.9 x 13.6-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-
Recreation(Lower)3.46 x 6.0911.4 x 20.0-

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Home Features

Property TypeAtt/Row/Townhouse
Style2 1/2 Storey
Lot Size19 × 127 ft
Frontage19.1 ft
Depth127.0 ft
GarageDetached
BasementFinished, Separate Entrance
CoolingCentral Air

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About 588 Ossington Avenue, Toronto, ON M6G 3T5

588 Ossington Avenue, Toronto, ON M6G 3T5 is a 5-bedroom, 4-bathroom 2 1/2 storey att/row/townhouse with approximately 2000-2500 square feet of living space, situated on a 19 127 foot lot. This property is currently for sale at $1,699,000. The home features a detached garage and a finished, separate entrance basement.

Palmerston-Little Italy Neighbourhood

This home is located in Palmerston-Little Italy, part of Toronto C01 in the Toronto area. Explore more homes for sale and recently sold properties in this neighbourhood.

Whether you are looking to buy, sell, or lease in Palmerston-Little Italy, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.

588 Ossington Avenue, Toronto, ON M6G 3T5

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