499 Ontario Street — photo 1For sale

I don't have enough recent comparable sales to call this one's price, but price reduced $100k. Here's everything I've got on it — ask me anything.

Toronto · Toronto Region · Cabbagetown-South St. James Town

499 Ontario Street

Duplex

MLS® #C13566570

Listed for$1,799,900$1,899,900Price reduced from $1,899,90057 days on market
5+2 bed 4 bath 2 parking 1500-2000 sq ft~$1,029/sq ft
  • Price reduced $100K
  • 57 days on market
  • Listing states: renovated
  • 12 schools within 1 km
  • Subway ~10 m
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Est. all-in monthly~$9,105/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

12 schools within ~1 km · nearest subway ~0.01 km

Property information
What house buyers ask first
Lot size
17.67 × 107.81 ft
Square footage
1500-2000 sq ft
Age
~100+ years old
Property tax
$8,762 / yr
Parking
2 spaces · None
Basement
Apartment

Property summary

Property type
Duplex
Style
2 1/2 Storey
Approx. age
100+ years
Lot size
17.67 × 107.81 ft
Parking
2 spaces · None
Heating
Forced Air
Air conditioning
Central Air
Basement
Apartment
Kitchens
2
Exterior
Brick
Property tax
$8,762 / yr
MLS®
C13566570

Room dimensions

Dining Roomcombined w/living, hardwood floor, large window
Second3.94 × 4.92 m
Bedroomsump pump, vinyl floor, closet
Lower4.42 × 3.86 m
Bedroomw/o to deck, closet, hardwood floor
Third3.07 × 3.86 m
Bedroomwindow, closet, vinyl floor
Lower3.42 × 4.42 m
Kitchenrenovated, stainless steel appl, centre island
Main2.28 × 3.95 m
Living Roomgas fireplace, hardwood floor, bay window
Main3.29 × 6.44 m
Living Roomlarge window, hardwood floor, combined w/dining
Second3.94 × 4.92 m
Bedroomhardwood floor, window, closet
Third3.94 × 5.23 m
Bedroomwindow, closet, hardwood floor
Second2.98 × 3.71 m
Bedroomw/o to yard, hardwood floor, closet
Main3.45 × 3.8 m
Dining Roomcombined w/living, hardwood floor, large window
Main3.29 × 6.44 m
Bedroomcloset, window, 2 way fireplace
Main2.74 × 2.86 m
Kitchenstainless steel appl, centre island, combined w/laundry
Second5.07 × 3.54 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

55 Sunny Glenway, Unit 302Condo Townhouse

$499,888

Below recent sales

55 Sunny Glenway, Unit 302

3 bed · 2 bath·900-999 sq ft·1 parking·$860/mo fee

Toronto

Listed 2 days ago · Bay Street Group Inc.

  • Listing states: renovated
82 Dalhousie Street, Unit 1108Condo Apartment

$325,000

Below recent sales

82 Dalhousie Street, Unit 1108

— bed · 1 bath·0-499 sq ft·$326/mo fee

Toronto

Listed 2 days ago · Homelife Frontier Realty Inc.

155 Dalhousie Street, Unit 521Condo Apartment

$949,900

Below recent sales

155 Dalhousie Street, Unit 521

2+1 bed · 2 bath·1600-1799 sq ft·1 parking·$1,913/mo fee

Toronto

Listed 2 days ago · Sage Real Estate Limited

197 Yonge Street, Unit 4213Condo Apartment

$400,000

In line with recent sales

197 Yonge Street, Unit 4213

— bed · 1 bath·0-499 sq ft·$451/mo fee

Toronto

Listed 2 days ago · Homelife Landmark Realty Inc.

188 Spadina Avenue, Unit 301Condo Apartment

$1,100,000

In line with recent sales

188 Spadina Avenue, Unit 301

3 bed · 2 bath·1600-1799 sq ft·1 parking·$1,727/mo fee

Toronto

Listed 2 days ago · Chestnut Park Real Estate Limited

  • Listing states: renovated
96 St Patrick Street, Unit 1202Condo Apartment

$628,000

Above recent sales

96 St Patrick Street, Unit 1202

1 bed · 1 bath·600-699 sq ft·1 parking·$758/mo fee

Toronto

Listed 2 days ago · Sage Real Estate Limited

The numbers that matter
The numbers that matter
Property tax
$8,762/yr
Est. all-in
~$9,105/mo
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools

Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.

  • Contact Alternative School SchoolPublic · Secondary · Toronto DSB0.2 km
  • Cornerstone Preparatory - MainPrivate · Elementary & Secondary · ..0.5 km
  • Heydon Park Secondary SchoolPublic · Secondary · Toronto DSB0.5 km
  • Orde Street Public SchoolPublic · Elementary & Secondary · Toronto DSB0.5 km
  • Ronald McDonald House Charities TorontoPrivate · Elementary & Secondary · ..0.5 km
  • Beverley SchoolPublic · Elementary & Secondary · Toronto DSB0.6 km

Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

  • St. PatrickNearest transit · Subway~10 m
  • Toronto Union StationNearest GO / rail · GO / regional rail~1.3 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Toronto
$750KMedian sold
31Median days on market
98.7%Sale-to-list
Median sold price · Toronto1-yr -12% · 3-yr —
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Toronto
2,794,356Population (2021)
39.6Median age
$84,000Median household income
51.9%Home owners
48.1%Renters
2.4Avg household size
Source: Statistics Canada, 2021 Census
Description & details

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.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by BOSLEY REAL ESTATE LTD.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.