492 Manning Avenue, Toronto
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. (id:1945)
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Property details for 492 Manning Avenue, Toronto
- Type
- Commercial
- Living Area
- 2,990 square feet
- Lot Size
- Bldg=18.87 x 124 FT
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Annual Taxes
- $10,834
Nearby Listings Stat
Estimated price and comparable properties near 492 Manning Avenue
Active Listings
1430
Min Price
$1
Max Price
$23,985,000
Avg Price
$1,255,970
Days on Market
63
days
Sold Listings
612
Min Sold Price
$1
Max Sold Price
$349,000,000
Avg Sold Price
$1,649,920
Days until Sold
62
days
Neighbourhood Census Data
Toronto, Ontario
Population
574
Median Age
36.6
Median Income
$33,408
Dwelling Value
$851,053
Housing Tenure
Owners 57%
Renters 45%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 7,572.6/km²
Avg Shelter Cost: $2,007/mo
Owners with Mortgage: 66.7%
Owners Spending 30%+: 33.3%
Tenants Spending 30%+: 37.5%
English only: 78.3%
English and French: 14.8%
Neither: 7%
Median Household Income: $78,080
Median Employment Income: $35,776
Price History
Listed
October 14, 2026
by FREEMAN REAL ESTATE LTD.
Current Price
$1,899,000
Type
Commercial
For Sale
