499 Ontario Street

Toronto, ONMulti-family
$1,799,900
MLS® C13566570
Multi-family7 beds4 baths2 total
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About This Property

Welcome to 499 Ontario Street, a spectacular, fully renovated legal duplex in the heart of historic Cabbagetown. The ultimate turnkey opportunity for investors, multi-generational families, or live-rent buyers, this property seamlessly blends classic character with high-end modern design. Step inside to discover soaring ceilings, stunning exposed brick accents, gorgeous marble floors, and premium contemporary finishes throughout. The building is divided into two well-appointed, self-contained residences, each featuring independent ensuite laundry, gourmet kitchens with sleek stainless-steel appliances, and rare, private outdoor spaces. The upper unit is a sun-drenched sanctuary boasting 3 spacious bedrooms, 2 elegant bathrooms, and a spectacular private rooftop deck perfect for relaxing above the city. Below, the main-floor and lower-level suite offers a beautifully executed 4-bedroom, 2-bathroom layout, complete with direct walk-out access to its own private, fully fenced yard. To top it off, this property includes a highly coveted two-car parking pad at the rear-an absolute premium in this historic downtown neighbourhood. Perfectly positioned just steps from vibrant shops, cafes, and patios of Parliament Street, scenic local parks, and transit - this exceptional asset delivers the perfect combination of location, modern luxury, and incredible cash flow. (id:63604)

Key Facts

Type
Multi-family
Beds
7
Baths
4
Size
1,500 sqft
Lot
17.7 x 107.8 FT
Parking
2 total

Highlights

  • Dishwasher
  • Dryer
  • Hood Fan
  • Two stoves
  • Window Coverings
  • Two Washers
  • Two Refrigerators
Property Details 17 details
Bedrooms
7 bedrooms
5 above grade + 2 below grade
Bathrooms
4 bathrooms
Parking
2 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Duplex
Attached status
Attached
Storeys
2.50
Basement
Apartment in basement
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Lot dimensions
17.7 x 107.8 FT
Frontage
17.80 feet
Taxes
$8,762.49
Water source
Municipal water
Sewer
Sanitary sewer
Views
City view

Interior features

DishwasherDryerHood FanTwo stovesWindow CoveringsTwo WashersTwo RefrigeratorsHardwoodVinylFireplace(s)

Exterior features

BrickStoneFenced yard

Lot and water

Paved yardSump Pump
Rooms 13 rooms
Level
Room
Dimensions
Main level
Living room
3.29 m x 6.44 m
Third level
Bedroom
3.07 m x 3.86 m
Lower level
Bedroom
4.42 m x 3.86 m
Lower level
Bedroom
3.42 m x 4.42 m
Main level
Dining room
3.29 m x 6.44 m
Main level
Kitchen
2.28 m x 3.95 m
Main level
Bedroom
3.45 m x 3.8 m
Main level
Bedroom
2.74 m x 2.86 m
Second level
Living room
3.94 m x 4.92 m
Second level
Dining room
3.94 m x 4.92 m
Second level
Kitchen
5.07 m x 3.54 m
Second level
Bedroom
2.98 m x 3.71 m
Third level
Bedroom
3.94 m x 5.23 m

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Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$1,799,900
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Cabbagetown-South St. James Town
City
Toronto
Postal code
M4X 1M7
Nearby
PARLIAMENT AND CARLTON
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