588 Ossington Avenue

Little Italy, Toronto

588 Ossington Avenue, Little Italy, Toronto

$1,888,000


Bedrooms: 3

Bathrooms: 4

Living Area: 2,000 sqft

Price Per Sqft: $944.00


About this Townhouse

in Little Italy, Toronto

Welcome to 588 Ossington Avenue, an exceptionally located 2.5-storey end-unit row house in the heart of Palmerston-Little Italy, just steps south of Harbord Street. This vibrant downtown neighbourhood offers outstanding access to transit, parks, bars, restaurants, cafés, and all the conveniences that make city living so desirable. Completely renovated in 2015, this home blends modern updates with timeless character. Major improvements completed during the renovation include updated windows, kitchens, bathrooms, and interior finishes, offering a contemporary feel throughout while maintaining the charm of the property. The interior layout provides flexibility for potential income opportunities or multi-generational living. Adding to the property's convenience is a rare two-car garage accessible via the rear laneway, providing valuable parking and storage. Property features 3 Hydro meters for added convenience. Enjoy the character of a historic Toronto streetscape combined with the energy and amenities of one of the city's most desirable neighbourhoods. This is your opportunity to invest in a beautifully updated property, surrounded by the best that Palmerston- Little Italy has to offer.

Listed by RE/MAX REALTRON REALTY INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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