Advantage Group Real Estate
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$1,899,000
492 Manning Avenue • Toronto, ONNew
Courtesy of FREEMAN REAL ESTATE LTD.
3+1
Bedrooms
3
Bathrooms
1500-2000
Square feet
2
Parking

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.

Property details

Property type
Store W Apt/Office
Style
2-Storey
Total rooms
7
Lot size
18.87 × 124 ft
Property taxes
$10,833.63 (2025)
Occupancy
30-60 days -TBD
Days on market
5
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Oct 15, 2026, 12:51 p.m. EDT via TRREB IDX.

First listed: Oct 14, 2026, 2:19 p.m. EDT.