499 Ontario Street, Toronto, Ontario, Canada, M4X1M7

1,799,900
Sold Conditionally
5 + 2
4
1500-2000

About the 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.

Extra info:

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. Property is a designated Heritage Property.

House features:

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. Property is a designated Heritage Property.
Duplex duplex
Property Type:
Duplex
Status:
Sold Conditionally
House Style:
duplex
Bedrooms:
5 + 2
Bathrooms:
4
Land Size:
17.67 x 107.81 FT
Central A/C:
Yes
Garage/Parking Type:
Private Double
Parking Places:
2
Heating Type:
Forced Air
Heating Fuel:
Gas
Cross Street:
PARLIAMENT AND CARLTON
Exterior:
Brick
Basement:
Apartment, Apartment
Fronting On:
E
Possession Date:
30/60/90 Flexi
Annual Property Taxes:
8,762.49
Listing ID:
C13566570

Rooms

Dimensions

Main
Living Room
3.29m x 6.44m Gas Fireplace Hardwood Floor Bay Window
Dining Room
3.29m x 6.44m Combined w/Living Hardwood Floor Large Window
Kitchen
2.28m x 3.95m Renovated Stainless Steel Appl Centre Island
Bedroom
3.45m x 3.8m W/O To Yard Hardwood Floor Closet
Bedroom
2.74m x 2.86m Closet Window 2 Way Fireplace
Second
Living Room
3.94m x 4.92m Large Window Hardwood Floor Combined w/Dining
Dining Room
3.94m x 4.92m Combined w/Living Hardwood Floor Large Window
Kitchen
5.7m x 3.54m Stainless Steel Appl Centre Island Combined w/Laundry
Bedroom
2.98m x 3.71m Window Closet Hardwood Floor
Third
Bedroom
3.94m x 5.23m Hardwood Floor Window Closet
Bedroom
3.7m x 3.86m W/O To Deck Closet Hardwood Floor
Lower
Bedroom
4.42m x 3.86m Sump Pump Vinyl Floor Closet
Bedroom
3.42m x 4.42m Window Closet Vinyl Floor
Brokered by:
Bosley Real Estate Ltd.
Source: TRREB/PROPTX
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