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New2 hours ago

626 Manning Avenue

Palmerston-Little Italy, Toronto

$1,699,000

Semi-Detached |2 1/2 Storey
4 | 3 | 2
About this home

Palmerston-Little Italy Residence And Investment Opportunity On One Of The Most Desirable Streets In West-Central Toronto. Solid Brick Semi-Detached Edwardian Home On A 22.79' x 116' Lot With Updated Contemporary Finishes Throughout. Pot Lights, Hardwood And Laminate Floors And Newer Windows Compliment Original Wainscotting And Leaded Glass Windows. Ideal As An Expansive Residence With Space For Extended Family And Guests Or Multiple Rental Options With 4+1 Bedrooms, 3+1 Kitchens And 2+1 Bathrooms, Along With A Large Rear Upper Deck And Private Backyard Patio For Outdoor Living Space And Entertaining. Approved Plans And Building Permits For A 2-Storey Laneway House And Main House Conversion With Addition To 4 Self-Contained Apartment Units Provide Additional Residence And Investment Options. Large Detached 2-Car Garage With Electrical Panel And Wide Laneway Access. Well located In The Vibrant and Highly Desirable Palmerston-Little Italy Neighbourhood In The Heart Of Downtown Toronto, Within Walking Distance To Great Restaurants, Shopping, Parks, Community And Neighbourhood Amenities And Public Transit.

Extras

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Open houses

  • Sat, Oct 17

    2:00 PM – 4:00 PM

Or pick a time that works for you.

Got questions?

Contact Macallum directly.

agent
Macallum Tepsich
(647) 326-2579

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeSemi-Detached
Style2 1/2 Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$8,110
Lot Size22.79 ft x 116 ft
mls© NumberC14029538
Listed ByROYAL LEPAGE SUPREME REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,696
Property tax
$676
Heat allowance
$150
Housing costs
$9,522 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $339,800
25-yr amortization

Income needed

$293,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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Comparable sales

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