New Listing
$1,899,000
( $635.12Per Sq Foot )
 $10,194 est/mo Sourced by Back At You

492 Manning Avenue,Toronto C01, ON M6G 2V7

Toronto C01, ON M6G 2V7

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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.

Details

MLS #C14032992
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site6
Listing Provided ByFREEMAN REAL ESTATE LTD. | C14032992 222000

Features

SQ Feet2,990
Acreage0.07

Interior

CoolingPartial

Exterior

Community FeaturesPublic Transit
Security FeaturesNo

Utilities

UtilitiesYes
SewerSanitary

Taxes

Tax Annual Amount10833.63
Tax TypeAnnual
Tax Legal DescriptionPT LT 11 E/S CLINTON ST PL 75 TORONTO AS IN CT 775687 EXCEPT THE EASEMENT THEREIN; CITY OF TORONTO
Tax Year2025

Area Information

ProvinceON
CountyToronto
CityToronto C01
Postal CodeM6G 2V7
AreaPalmerston Little Italy
Listing VS Median (in M6G 2V7)
Price:
$1,899,000
low | high
Med:
$1,899,000
50% of Average
sqft:
2,990
low | high
Med:
2,990
50% of Average
$ / sqft:
$635
low | high
Med:
$635
50% of Average
On site:
6
low | high
Med:
6
100% of Average
Sourced by Back At You

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Additional Information


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Learn More About This Property

ProvinceON
CountyToronto
CityToronto C01
Postal CodeM6G 2V7
AreaPalmerston Little Italy
Listing VS Median (in M6G 2V7)
Price:
$1,899,000
low | high
Med:
$1,899,000
50% of Average
sqft:
2,990
low | high
Med:
2,990
50% of Average
$ / sqft:
$635
low | high
Med:
$635
50% of Average
On site:
6
low | high
Med:
6
100% of Average
Sourced by Back At You
Listing Updated: October 15, 2026 at 12:21:36 PM PDT