$1,899,900
20.40 BTC
Photos
499 Ontario Street, Toronto
$1,899,900
PRICE
5 + 2
BEDROOMS
4
BATHROOMS
C13566570
MLSID

499 Ontario Street, Toronto

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.
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Summary

Address
499 Ontario Street
MLSID
C13566570
Property Type
Duplex
Property Category
Bedrooms
5 + 2
Bathrooms
4
Kitchens
2
Taxes (Annual)
$8,762.49
Tax Year
2026
Published
July 15, 2026
Days on Market
1 Days
Possession Type
Flexible
Possession Details
30/60/90 Flexible
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Inclusions

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.

Exclusions

All hung mirrors and art.

Details

Property Features
Fenced Yard, Hospital, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Bathroom 1
3-Piece Main Level
Bathroom 2
3-Piece Second Level
Bathroom 3
3-Piece Third Level
Bathroom 4
3-Piece Basement Level
Basement
Apartment
Exterior Features
Patio, Paved Yard
Interior Features
Accessory Apartment, Sump Pump
Parking Spaces
2
Parking Total
2
Parking Features
Private Double
Architectural Style
2 1/2 Storey
Roof
Other, Slate
Construction Materials
Brick
Lot Width
18 Feet
Lot Depth
108 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Partial
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with BOSLEY REAL ESTATE LTD.
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