492 Manning Avenue

Toronto, ONCommercial
$1,899,000
MLS® C14033028
Commercial4 beds3 baths2 total
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About This Property

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. (id:63604)

Key Facts

Type
Commercial
Beds
4
Baths
3
Lot
18.87 x 124 FT
Parking
2 total

Highlights

  • Alarm System
  • Window Coverings
  • Garage door opener remote(s)
Property Details 16 details
Bedrooms
4 bedrooms
3 above grade + 1 below grade
Bathrooms
3 bathrooms
1 partial
Parking
2 parking spaces
Attached Garage · Garage
Property
Single Family
Property subtype
Single Family
Structure type
Residential Commercial Mix
Storeys
2
Basement
Finished, Apartment in basement, Walk out
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
1 fireplace
Lot dimensions
18.87 x 124 FT
Frontage
18.10 feet
Taxes
$10,833.63
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Alarm SystemWindow CoveringsGarage door opener remote(s)Roughed in

Exterior features

BrickFenced yard

Systems and association

Alarm system

Lot and water

LaneCarpet Free

Virtual Tour & Media

Mortgage & Affordability Estimate monthly costs
Purchase price$1,899,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Palmerston-Little Italy
City
Toronto
Postal code
M6G 2V7
Nearby
Cross Streets: Harbord & Bathurst. ** Directions: Harbord & Bathurst; 1 Way South of Harbord & North of College.