492 Manning AVE, Toronto C01, ON M6G 2V7
492 Manning AVE, Toronto C01, ON M6G 2V7
492 Manning AVE, Toronto C01, ON M6G 2V7
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$1,899,000
Est. payment /mo
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3 Beds
3 Baths
New

492 Manning AVE Toronto C01, ON M6G 2V7

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Daniel Freeman

Daniel Freeman

+1(416) 937-5556

UPDATED:

Key Details

Property Type Commercial

Sub Type Store W Apt/Office

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto C01

Subdivision Palmerston-Little Italy

MLS Listing ID C14033028

Style 2-Storey

Bedrooms 3

Annual Tax Amount $10,833

Tax Year 2025

Property Sub-Type Store W Apt/Office

Property Description

A LITTLE ITALY UNICORN. AND YES, THEY REALLY DO EXIST! Part home, part business, part investment opportunity and ALL kinds of fabulous! Tucked away on a quiet residential street in the heart of Palmerston-Little Italy, this rare mixed-use gem is anything but ordinary. Up front, a street-level commercial space with a long history as a successful neighbourhood salon. Behind it and above, a 3-bedroom residence offering the ultimate live-work lifestyle, with vacant residential possession on closing. And there's MORE! A fully finished lower level with kitchen, new 3-piece bathroom, living space and TWO separate exits/walkouts adds another layer of incredible flexibility. Out back? A deep, grassy backyard and a substantial 2-car block garage. Seriously, what's not to love? Steps to Clinton Public School, half a block to Harbord Collegiate, and an easy stroll to U of T, Central Tech, fabulous cafés, restaurants and all the flavour of Little Italy. The property is identified under City of Toronto Zoning Exception R 735 (Chapter 900.2.10), with reported longstanding non-residential use permissions and a 0.6 FSI density rating, all subject to independent verification. Dreaming of running your business steps from home? Investing in something truly distinctive? Or creating your own urban masterpiece? Here's your chance to think outside the ordinary. Because cookie-cutter is boring. And this property is anything but! Buyer to verify zoning, permitted uses and any proposed alterations with the City of Toronto.

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Rooms

Family Room Yes

Basement Apartment, Finished with Walk-Out

Kitchen 2

Separate Den/Office 1

Interior

Interior Features Auto Garage Door Remote, Carpet Free, In-Law Capability

Cooling Central Air

Fireplaces Type Roughed In

Fireplace No

Heat Source Gas

Exterior

Parking Features Lane

Garage Spaces 2.0

Pool None

View Downtown

Roof Type Unknown

Lot Frontage 18.87

Lot Depth 124.0

Total Parking Spaces 2

Building

Unit Features Fenced Yard,Park,Place Of Worship,Public Transit,School

Foundation Unknown

Others

Security Features Alarm System

ParcelsYN No

Virtual Tour https://youtu.be/CEUYepwyOsY

Listed by FREEMAN REAL ESTATE LTD.

NEARBY SCHOOL & BUSINESS

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Daniel Freeman

Daniel Freeman

Broker License ID: 1614165

+1(416) 937-5556

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492 Manning AVE