For Lease
497 Ossington Avenue Bsmt #Bsmt
Palmerston-Little Italy, Toronto, ON
$2,200
1Bd
2Ba
1,750+sqft
0Parking
20 x 126 ftlot
$1/sqft
Semi-DetachedMLS# C12999942Listed 2026-04-1561 DOM
Heating
On Demand Water Heater
Cooling
Central Air
Basement
Finished
On the market for 61 days — longer than average. The seller may be open to negotiation.
About this home
Turnkey fully furnished open concept layout combining living and dining with a wet-bar. With almost 1200sqft of living space and large windows exuding natural light throughout you won't feel like you are in a basement. Newly renovated kitchen with brand new stainless steel kitchen appliance. Two full 4-piece bathroom with exclusive use laundry. Access to a large shared covered backyard patio. With a walk score of 96 you are conveniently located in one of the hottest Toronto areas with nearby shops, restaurants, transit, parks, place of worship and so much more!! Don't miss your chance to make this your new home. 1.5GB High Speed Internet Included. Tenant pays 25 percent of all utilities(gas, water and hydro).
Renovated
Rooms
Basement
| Living Room | 5.86 × 4.47 m | Combined w/Dining Window |
| Dining Room | 5.86 × 4.47 m | Combined w/Living Wet Bar |
| Kitchen | 4.08 × 3.54 m | Backsplash Window |
| Bedroom | 4.47 × 2.70 m | Ensuite Bath Window |
| Bathroom | 2.04 × 1.50 m | 4 Pc Ensuite Window Tile Floor |
| Bathroom | 2.30 × 1.81 m | 4 Pc Ensuite Window Tile Floor |
| Laundry | 2.81 × 2.07 m | Window |
Features
- Carpet Free
- Floor Drain
- On Demand Water Heater
- Controlled Entry
- Landscaped
- Patio
- Privacy
- Porch
- Year Round Living
- Apartment
- Full
- Separate Entrance
- Walk-Up
- Finished
- Central Air
- 2-Storey
Financials
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Basement apartment$1,800 – $2,500/mo
Rental yield1090.9% – 1636.4%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market61 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
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Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
71
/ 100
Walk Score
Very Walkable
63
/ 100
Transit Score
Good Transit
65
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.