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Listed by Royal Lepage Signature Realty.
28 Shannon Street is a Detached, 2 1/2 Storey and is currently for Sale @ $1,987,000. Taxes in 2025 were $10,258.67.
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Welcome to the Victorian Grande Dame on coveted Shannon street. The 2 1/2 Storey on 28 Shannon Street has 3 bedrooms, 6 bathrooms, and is located on a 121 x 25 ft lot in the community of Trinity-Bellwoods . Detached, 2.5 storey Victorian, this home offers exceptional presence, scale, and versatility in one of Toronto's most vibrant neighbourhoods at College and Ossington. This distinguished detached residence blends timeless 19th-century craftsmanship with an outstanding modern-day opportunity for buyers seeking a forever home with significant income or personal expansion potential. The main house showcases soaring ceilings, original stained glass, elegant built-in cabinetry, hardwood floors, and a wood-burning fireplace. Grand Victorian principal rooms include a spacious living room and formal dining area flowing into a spacious kitchen, complemented by a convenient side entrance. This leads to a private backyard retreat with access to the massive 3 car garage with laneway access, that qualifies for a laneway suite (Report attached) The second floor offers two generous bedrooms and a beautifully appointed 3-piece bathroom. The third floor is dedicated to a private primary suite, complete with a spa-inspired 4-piece ensuite and an expansive private rooftop deck-an elevated urban sanctuary. Adding to the home's income or expansion appeal are four self-contained, one-bedroom apartment suites, three separately metered and all with private exterior entrances. Two basement units are currently tenanted month-to-month, while the main and second floor suites are vacant-offering remarkable flexibility to integrate them into the main residence for your personal use or leverage them for strong rental or short-term income, perfectly timed with Toronto's upcoming World Cup and robust tourism demand. Steps to transit, parks, renowned schools, boutiques, cafés, and restaurants of College and Ossington, this is a rare opportunity to own a landmark Victorian with scale, parking, and income potential rarely found in Toronto's downtown. See attached details and floor plans for each of the 4 apartments.
Main House: Hot water heater (2022) Owned, Dishwasher, Fridge, Gas stove and oven, overhead fan, washer and dryer all sold " as is" 2 Ductless Air conditioning units (2nd and 3rd floors) Wood Burning fireplace in "as is" condition. Jacuzzi tub on 3rd floor works but is being sold in "as is" condition. The 4 Separate apartment units each include a Fridge and stove in "as is" condition. The tenants all share the included coin operated Washer and Dryer ( sold "as is" ) located in the front basement with only outside steps access. All existing light fixtures and window coverings are include throughout the main house and all 4 apartment units. Alarm Source fire and C02 dedicated direct wireless alarm system for main house and all 4 apartments has a yearly monitoring fee of $420.00 and is no longer under contract. (Contract was for 5 years and has ended and now pay twice a year)
The address 28 Shannon Street was listed for sale (MLS# C12705340) on Friday, January 16, 2026.