492 Manning Avenue

Palmerston-Little Italy, Toronto, M6G 2V7

$1,899,000

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  • 3+1 bedrooms
  • 3 bathrooms
  • 2 parking
  • 1500-2000 sq ft

Listed 5 days ago · MLS® C14033028

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.

Details

Type
Store W Apt/Office
Style
2-Storey
Size
1500-2000 sq ft
Lot
18.87 × 124 ft
Basement
Apartment, Finished with Walk-Out
Garage
Attached
Kitchens
2
Property tax
$10,834 (2025)
Neighbourhood
Palmerston-Little Italy
Municipality
Toronto C01

Interior

Bedrooms
3 above ground + 1 below
Bathrooms
1 × 2-piece (main), 1 × 4-piece (second), 1 × 3-piece (basement)
Kitchens
2 (1 below ground)
Rooms
7 above ground + 5 below
Family room or den
Yes
Fireplace
Roughed In
Features
Auto Garage Door Remote, Carpet Free, In-Law Capability

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick
Faces
West

Parking

Garage spaces
2
Total parking
2
Driveway and parking
Lane

Lot

Size
18.87 × 124 ft (rectangular)

More

Possession
30-60 days -TBD
Nearby
Fenced Yard, Park, Place Of Worship, Public Transit, School
Cross street
Harbord & Bathurst

Rooms

RoomLevelSizeFeatures
OtherMain4.14 × 10.69 m (13'7" × 35'1")Tile Floor, Open Concept, 2 Pc Ensuite
Living RoomMain3.45 × 4.57 m (11'4" × 15')Open Concept, W/O To Yard, Combined w/Dining
Dining RoomMain4.65 × 4.45 m (15'3" × 14'7")Combined w/Living, W/O To Yard
KitchenMain4.65 × 4.45 m (15'3" × 14'7")Open Concept, Combined w/Dining, Family Size Kitchen
FoyerMain1.14 × 3.15 m (3'9" × 10'4")W/O To Patio
Primary BedroomSecond3.96 × 3.05 m (13' × 10')Walk-In Closet(s), East View, Hardwood Floor
Bedroom 2Second3.35 × 2.9 m (11' × 9'6")South View, Hardwood Floor
Bedroom 3Second2.9 × 2.95 m (9'6" × 9'8")West View, Hardwood Floor
FoyerLower3.51 × 2.95 m (11'6" × 9'8")Window, Walk-Out, Tile Floor
Living RoomLower3.48 × 4.52 m (11'5" × 14'10")Open Concept, Combined w/Office, Tile Floor
KitchenLower4.65 × 4.9 m (15'3" × 16'1")Combined w/Dining, Family Size Kitchen, Fireplace
BedroomLower3.66 × 3.96 m (12' × 13')Closet, Tile Floor, W/O To Yard
Cold Room/CantinaLower1.98 × 2.95 m (6'6" × 9'8")B/I Shelves

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Christie Subway10 min walk
  • 🚇 Bathurst Subway12 min walk
  • 🚆 Exhibition GO2.6 km

Within a 10-minute walk: 13 grocery stores, 281 cafés and restaurants, 17 parks, 24 pharmacies. Nearest grocery: College Fruit Market (500 m). Nearest park: Healey Willan Park (100 m).

Schools nearby

Elementary

  • Clinton Street Junior Public School
    EQAO: Gr 6 reading 96%, math 84%
    2 min walk
  • St. Francis of Assisi Catholic School Catholic
    EQAO: Gr 6 reading 90%, math 60%
    5 min walk
  • Montrose Junior Public School
    EQAO: Gr 6 reading 100%, math 70%
    5 min walk
  • King Edward Junior and Senior Public School
    EQAO: Gr 6 reading 82%, math 82%
    9 min walk

Secondary

  • Harbord Collegiate Institute
    EQAO: Gr 9 math 77%, literacy test 93%
    4 min walk
  • Delta Senior Alternative School6 min walk
  • Apollo High School9 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M6G

Owners / renters
49% / 51%
Median household income
$91,000
Average age
43
Children under 15
12%
Homes
13% detached, 8% high-rise
Commute by transit
25%
Population
30,600

Languages spoken most at home besides English: Portuguese 3.2%, Yue (Cantonese) 2.6%, Italian 1.6%, Greek 1.2%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Palmerston-Little Italy (2025): about the Toronto average, up 15% from the year before.

  • Assaultabout average
  • Break and enter35% above average
  • Auto theft49% below average
  • Robbery45% above average
  • Theft from vehicles33% below average
  • Shootingsabout average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby

No planning applications within 500 m in the last five years.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 3 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 1.8 km
  • 🚧 King West GO Transit1.9 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

No building permits at this address since 2014.

2 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

92 City street trees within 100 m, mostly maples. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by FREEMAN REAL ESTATE LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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