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$1,899,000

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492 Manning Avenue

Palmerston-Little Italy, Toronto, Ontario M6G2V7

For sale· Added

2,990 sqft

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.

Location

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Property details

Listing

MLS® number
C14032992
Added
Oct 14, 2026 ()
Updated
Oct 14, 2026 ()
Info refreshed

Overview

Property type
Retail
Building type
Residential Commercial Mix

Inside

Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Fireplace
No
Appliances
Alarm System, Window Coverings

Building

Parking
2 spaces

Land

Lot size
Bldg=18.87 x 124 ft
Zoning
R (d0.6*735)

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
College & Bathurst
Directions
College & Bathurst/South from Harbord St.

Running costs

Annual property tax
$10,834

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$1,899,000
492 Manning Avenue
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