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492 Manning Ave, Toronto, Ontario, M6G 2V7

$1.90M
Beds 3+1Baths 3Sqft 1500-2000Parking 2
492 Manning Ave Photo 1

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.

Home Details

List Date

2026-10-13

Style

2-Storey

Type

Store W/Apt/Office

Status

Active

Year Built

UNKNOWN

Features

Bedrooms

3+1

Bathrooms

3

Heating

Forced Air

Cooling

-

Parking

2 Spaces

Appliances & Equipment

Inclusions

2 Fridges, 2 Stoves, Electric Light Fixtures and Ceiling Fans, All window coverings not belonging to tenants, Auto Garage door and remote. All Attached Salon Fixtures, Security System for Salon.

Exterior

Construction

Brick

Water & Sewer

Municipal

Lot Size

18.87 x 124 Feet

Garage

Attached

Taxes

$11K (2025)

Listing Brokerage

Brokerage Name

FREEMAN REAL ESTATE LTD.

RealtHer Group

RealtHer Group

Real Estate Brokers

RE/MAX Metropolis

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