623 Ossington Ave

FOR SALE
$1,399,999
623 Ossington Ave, Downtown Toronto
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
623 Ossington Ave
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4
BEDROOMS
2
BATHROOMS
1
KITCHENS
8
ROOMS
C9347810
MLSID
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Property Description
Welcome to 623 Ossington Ave, a rarely offered detached Located in the heart of Palmerston-Little Italy, one of Toronto's most desirable neighbourhoods. This detached home on a wide lot is a Renovator's dream as it presents limitless opportunities. Either renovate your dream home or renovate as an investment property. The detached lot allows for tear down and rebuild opportunities as well. The long lot allows for building of a sizable laneway house and still provides ample backyard space. Laneway Housing Advisors confirmed the property is eligible for building a 1,312 square feet laneway house over 2 floors. A++ location minutes away from Ossington Subway, restaurants, cafes, shops along Bloor, Harbord and College Streets. Family oriented neighbourhood with great schools. This home is well maintained and being offered for the first time in almost 30 years. Your next home is here!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-25 2024-08-31 128 $1,449,999 - Expired
2023-10-19 2024-01-31 104 $1,499,999 - Expired
Nearby Intersections
Property Details
Property Type
Detached, 2-Storey
Lot Size
19' x 126'
Fronting
East
Taxes
$6,416 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
2
Driveway
Lane
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain10.20' x 13.42'Fireplace, Window, Hardwood Floor
DiningMain8.89' x 10.07'Bay Window, Hardwood Floor
KitchenMain10.99' x 18.60'Large Window, Window, Tile Floor
MudroomMain7.55' x 10.99'Separate Rm, Window, Laminate
Br2nd10.07' x 12.89'Bay Window, Closet, Vinyl Floor
Br2nd7.78' x 13.42'Window, Vinyl Floor
Br2nd9.19' x 10.07'Window, Closet, Vinyl Floor
Br2nd8.69' x 10.99'Window, Broadloom
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
623 Ossington Ave is a 4-bedroom 2-bathroom home listed for sale at $1,399,999, which is $521,733 (27.1%) lower than the average sold price of $1,921,732 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 4 bedroom home in Downtown Toronto declined by $26,954 (1.4%) compared to the previous 30 day period (July 20 - August 18) and up $16,194 (0.8%) from the same time one year ago.
Inventory Change
There were 599 4-bedroom homes listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 64.6% compared with the previous 30 day period (July 20 - August 18) and up 20.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
4-bedroom homes in Downtown Toronto typically sold ($30,418) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $18,834 increase compared to the previous 30 day period (July 20 - August 18) and ($9,046) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 32.2%, down from 54.7% over the previous 30 days (July 20 - August 18) and down from 36.3% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 2-bathroom home in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (August 19 - September 17), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with World Class Realty Point
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