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New · Listed Oct 14, 2026 · 12 days on market

492 Manning Avenue, Toronto, ON M6G 2V7

$1,899,000

Commercial · Store W Apt/Office · 2990 sq ft · For Sale

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 summary

TypeCommercial
SubtypeStore W Apt/Office
Building area2990 Square Feet
Lot size18.87 × 124 ft
Taxes$10,834 / yr
Parking2
GarageLane
PossessionFlexible
OccupantOwner+Tenant
Property
Age100+
Lot width18.87
Lot depth124
Power & Services
Heating typeGas Forced Air Closed
SewerSanitary
UtilitiesYes
Residential
GarageLane
Zoning & Taxes
Taxes / yr$10,834
Tax year2025
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Data provided by TRREB. Listed by FREEMAN REAL ESTATE LTD..

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CC Susan — Central Commercial
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