$1,899,000
492 Manning Ave
Toronto C01, ON M6G 2V7
492 Manning Ave, Toronto C01 — Listed at $1,899,000. 4 bedroom, 3 bathroom 2-Storey Store W Apt/Office. MLS® C14033028.
Possession · seller's timeline
Flexible (30-60 days -TBD)
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.
Property Details
Business Details
Property Insights
Listing Courtesy of: FREEMAN REAL ESTATE LTD.
MLS® #C14033028
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HouseIndex Take: 492 Manning Avenue
This store w apt/office (2-Storey) is located in the Palmerston-Little Italy neighbourhood of Toronto.
The home offers 4+1 bedrooms, 3 bathrooms.
Features include a apartment, finished with walk-out basement, 2 parking spaces including a 2-car garage.
Additional details: lot dimensions of 18.87 × 124 feet.
Listed at $1,899,000 CAD with annual property taxes of $10,833.63 (2025).
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About Toronto Real Estate
This Store W Apt/Office is located in the Palmerston-Little Italy community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.