492 Manning Avenue, Toronto C01

$1,899,000
492 Manning Avenue

$1,899,000

New
10d
Store W Apt/Office

492 Manning Avenue, Toronto C01

Total Monthly Obligation $8,763

Beds
0
Baths
0
Park
2
DOM
10d
Property Type-Store W Apt/Office
MLS® Number-C14032992
Beds-0
Lot Size-18.87 × 124 ft
Listed on site-Oct 13, 2026
Building Type-Store W Apt/Office
Age-100+
Taxes-$10,833.63 (2025)
Parking-Lane
Heating-Gas Forced Air Closed
Brokerage-FREEMAN REAL ESTATE LTD.
Cooling-Partial
Fireplace-No
Pool-None
Sewer-Sanitary
Possession-30-60 Days
Neighbourhood-Palmerston-Little Italy
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$1,519,200
Land Transfer Taxes$34,455
Legal Fees (Est.)
$
Total cash required for closing$415,755

Total Monthly Obligation

$8,763/mo
Mortgage $7,660
Monthly Loss $6,747
Principal$2,016
Interest$5,644
Property Tax$903
Home Insurance$50
Variable Costs$150

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 492 Manning Avenue

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