628 Ossington Avenue, Toronto C01

$1,299,000
628 Ossington Avenue

$1,299,000

New
21d
Semi-Detached 2-Storey

628 Ossington Avenue, Toronto C01

Total Monthly Obligation $6,165

Beds
2
Baths
3
Park
1
Sqft
1100-1500
DOM
21d
Score
15
Yield
2.9%
Cash on Cash
-11.0%
Cap Rate
2.2%
5Y IRR
7.0%
10Y IRR
7.9%
Property Type-Semi-Detached
MLS® Number-C13856864
Beds-2
Bathrooms-3
Size-1100-1500 sqft
Lot Size-18.33 × 92 ft
Listed on site-Oct 2, 2026
Style-2-Storey
Building Type-Semi-Detached
Taxes-$6,606.55 (2026)
Parking-1 - None
Basement-Finished, Separate Entrance
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Central Air, Wall Unit(s)
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle, Membrane
Foundation-Brick
Sewer-Sewer
Possession-30 Days or TBD
Neighbourhood-Palmerston-Little Italy
Title-Residential Freehold

No agent assigned

Renovated, stylish, and made for city living, this 2-bed, 3-bath home with parking pairs thoughtful updates with a functional floor plan and a covetable west-end location. The open-concept main floor is designed for everyday living and entertaining, with bamboo hardwood floors, thoughtful built-in storage, ample natural light from large, bright windows, crown moulding, built-in speakers, and a convenient powder room. A renovated kitchen (2026), complete with brand new stainless steel appliances, stone counters, subway tile backsplash, and a walkout that makes summer dinners and weekend get-togethers easy. Step outside to your own private backyard, where mature greenery, a landscaped pond, and a covered deck create a peaceful escape from the city. Upstairs, two spacious bedrooms share a generous 6pc bath and ultra-convenient second-floor laundry. Downstairs, the finished basement gives you room to adapt as life changes, with a rec room, additional 3pc bath, & separate entrance, ideal for movie nights, a home office, or workout space. A convenient laneway parking space adds everyday convenience. Behind the style are substantial peace of mind updates, including furnace (2026), central air conditioning (2026), interior and front exterior painting (2026), exterior parging (2026), electrical panel (2026), roof (2022), Eco-Energy doors and windows, two additional mini-split heat pump units (2017), and an owned water heater. An unbeatable location, with long-term, friendly neighbours, here you're surrounded by the best of the west. This is also a transit hub: choose from the subway, streetcar, bus, or bike share to be across the city in minutes. On weekends, wander to Christie Pits, explore Little Italy, enjoy coffee along Bloor, or spend the afternoon strolling the Ossington strip. The options are endless! Stylishly renovated, thoughtfully updated, and set in a spectacular west-end pocket, this is city living at it's finest!

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,039,200
Land Transfer Taxes$22,455
Legal Fees (Est.)
$
Total cash required for closing$283,755

Total Monthly Obligation

$6,165/mo
Mortgage $5,240
Monthly Loss $4,787
Principal$1,379
Interest$3,861
Property Tax$551
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.8%11
Cash-on-Cash
-14.2%0
5-Year IRR
4.5%9
10-Year IRR
6.3%
Returns Index
6.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$38,196/yr
NOI
$23,270/yr
Net Cash Flow
-$3,301/mo
Cash Margin
-103.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.373
LTV Ratio
80.0%18
Vacancy Buffer
1.6 mo24
Risk Index
15.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 628 Ossington Avenue

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