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288 Ossington Avenue, Trinity-Bellwoods M6J 3A3

Price

$1,619,000

Bedrooms

5 Beds

Bathrooms

4 Baths

Size

2000-2500 sqft

Year Built

Not listed

Property Type

House

Property Taxes

$6356.95

Description

288 Ossington is a turnkey, income-generating duplex with easy triplex potential, offering flexibility for investors or end-users. Live in one unit and rent the others, or fully optimize as a high-yield multi-family asset. Featuring a 2 bed, 1 bath main floor suite ($2,850 + utilities) and a spacious 3+ office, 2 bath upper unit spanning the 2nd and 3rd floors (vacating June 30th). Located steps from the Ossington Strip, Trinity Bellwoods, transit, and top restaurants, this property sits in a high-demand rental neighbourhood known for consistently strong tenant demand and long-term investment stability. Extensively updated with modern kitchens and bathrooms, upgraded finishes, and improved mechanical systems. Features include new 200 AMP electrical service (2025), electrical baseboard heating in all rooms for independent climate control, updated lighting, and custom blinds throughout. Exterior improvements include new gutters (2023) and a refreshed front façade. The vacant basement with two existing walk-outs, kitchen, and bathroom presents an excellent opportunity to create a third unit with minimal work, unlocking additional income potential.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$6,846 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,295,200

Total Interest Payments

$798,570

Total Payment (Principal + Interest)

$2,093,770

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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