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.
Address
499 Ontario Street
List Price
$1,899,900
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2 1/2 Storey
Transaction Type
Sale
Area
Toronto C08
Sub-Area
Cabbagetown-South St. James Town
Region
Toronto
Bedrooms
5 + 2
Bedrooms (Total)
7
Rooms Above Grade
11
Rooms Below Grade
2
Bathrooms
4
Floor Area
1500-2000 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
107.81
Lot Shape
Rectangular
Lot Size Units
Feet
Lot Width
17.67
Parcel Number
210870227
Occupant Type
Partial
Cross Street
PARLIAMENT AND CARLTON
Approx. Age
100+ Years
MLS® Number
C13566570
Listing Brokerage
BOSLEY REAL ESTATE LTD.
Basement Area
Apartment
Postal Code
M4X 1M7
Posession Details
30/60/90 Flexible
Parking
Private Double
Parking Places (Total)
2
Parking Spaces
2
Tax Amount
$8,762.49
Tax Year
2026
Site Influences
Fenced Yard, Hospital, Patio, Paved Yard, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Exterior Features
Patio, Paved Yard
Interior Features
Accessory Apartment, Sump Pump
Property Features
Fenced Yard, Hospital, Place Of Worship, Public Transit, Rec./Commun.Centre, School
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Heritage
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
East
Fireplace
Yes
Fireplace Features
Natural Gas
Foundation Details
Stone
Garage
No
Garage Type
None
Kitchens Total
2
Kitchens Above Grade
2
Pool Features
None
Roof
Other, Slate
Tax Legal Description
LT B PL 440 TORONTO; CITY OF TORONTO
View Type
City
Waterfront
No
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Living Room | 3.29 x 6.44 | Bay Window, Gas Fireplace, Hardwood Floor |
| Main | Dining Room | 3.29 x 6.44 | Combined w/Living, Hardwood Floor, Large Window |
| Main | Kitchen | 2.28 x 3.95 | Centre Island, Renovated, Stainless Steel Appl |
| Main | Bedroom | 3.45 x 3.8 | Closet, Hardwood Floor, W/O To Yard |
| Main | Bedroom | 2.74 x 2.86 | 2 Way Fireplace, Closet, Window |
| Second | Living Room | 3.94 x 4.92 | Combined w/Dining, Hardwood Floor, Large Window |
| Second | Dining Room | 3.94 x 4.92 | Combined w/Living, Hardwood Floor, Large Window |
| Second | Kitchen | 5.07 x 3.54 | Centre Island, Combined w/Laundry, Stainless Steel Appl |
| Second | Bedroom | 2.98 x 3.71 | Closet, Hardwood Floor, Window |
| Third | Bedroom | 3.94 x 5.23 | Closet, Hardwood Floor, Window |
| Third | Bedroom | 3.07 x 3.86 | Closet, Hardwood Floor, W/O To Deck |
| Lower | Bedroom | 4.42 x 3.86 | Closet, Sump Pump, Vinyl Floor |
| Lower | Bedroom | 3.42 x 4.42 | Closet, Vinyl Floor, Window |
Open Houses
- July 25, 2:00 PM - 4:00 PM
- July 26, 2:00 PM - 4:00 PM
