499 Ontario Street
About This Home
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.
Property Information
Building Details
Features & Amenities
Financials & Fees
Inclusions & Exclusions
All existing appliances - 2 fridges, 2 stoves, 2 range hoods, 2 dishwashers, 2 washers/2 dryers; all ELFs; all window coverings; gas fireplace in main floor living room (has been disconnected); basement waterproofed and sump pump installed. 2-car parking has been moved to increase yard size - could be easily reconfigured by moving fence to original posts. Smart water valve shut-off; Heated eavestrough waterproofing and damp proofing around the roof line; roof is synthetic slate, rated for 40 years. Freshly painted and move-in ready.
All hung mirrors and art.
Location
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Source: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.
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