492 Manning Avenue, Toronto, ON M6G 2V7
Palmerston-Little Italy, Toronto · Near College & Bathurst · View map
About this home
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.
The home
- Type
- Store w apt / office
- Square footage
- 2990 sq ft
- Lot size
- 18.9 x 124 ft
- Approximate age
- 100+ years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Partial
Garage & parking
- Garage
- Lane
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $10,834/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- 30-60 Days
- Cross street
- College & Bathurst
- Neighbourhood
- Palmerston-Little Italy
More
- MLS® number
- C14032992
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
492 Manning Avenue, Toronto, ON M6G 2V7
Palmerston-Little Italy, Toronto · Near College & Bathurst
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Listing history for 492 Manning Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 492 Manning Avenue
Answers come straight from this home’s MLS® listing.
How much is 492 Manning Avenue listed for, and what would it cost each month?
492 Manning Avenue is listed for $1,899,000. With 20% down ($379,800), the mortgage payment would be roughly $7,660 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,563 a month, all in. That figure is an illustration, not a quote.
Is 492 Manning Avenue freehold or a condo, and is there a monthly fee?
492 Manning Avenue is a store w apt / office in Palmerston-Little Italy, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 492 Manning Avenue have a garage and parking?
Yes. The listing shows the garage as lane. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
What style of home is 492 Manning Avenue?
492 Manning Avenue is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 492 Manning Avenue, and what is the lot size?
The lot is listed as 18.9 x 124 ft.
How is 492 Manning Avenue heated and cooled?
Heating is gas forced air closed. Cooling is partial.
What are the property taxes for 492 Manning Avenue?
Property taxes are $10,834 a year (2025), or about $903 a month.
Where is 492 Manning Avenue?
492 Manning Avenue is in the Palmerston-Little Italy community of Toronto. The nearest main intersection is College & Bathurst. The postal code is M6G 2V7.
Is 492 Manning Avenue still for sale?
Yes. It is an active listing (MLS® C14032992). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 492 Manning Avenue asking?
Similar properties for sale nearby right now include 492 Manning Avenue at $1,899,000 (3+1 bed), 626 Manning Avenue at $1,699,000 and 621 BLOOR Street W at $1,990,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 492 Manning Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 492 Manning Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Palmerston-Little Italy, picked by style, size and price.
Store w apt / office$1,899,000492 Manning Avenue, Toronto3+1 bed · 3 bath · Palmerston-Little ItalyCourtesy of: FREEMAN REAL ESTATE LTD.View home →
Investment$1,699,000626 Manning Avenue, Toronto3 bath · Palmerston-Little ItalyCourtesy of: ROYAL LEPAGE SUPREME REALTYView home →
Commercial retail$1,990,000621 BLOOR Street W, TorontoPalmerston-Little ItalyCourtesy of: RE/MAX ULTIMATE REALTY INC.View home →Courtesy of: FREEMAN REAL ESTATE LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.