488 MANNING AVE – 3 Units Palmerston-Little Italy

$1,949,000
Property type: Semi-detached
Rooms
11
Bathrooms
4
Bedrooms
6
Garages
1

The space

  • Land Size: 1977
  • Year Built: 1909

Amenities

  • Air conditioning
  • Alarm system
  • Appliances
  • Finished Basement
  • Fireplace
  • Furnace
  • Garage / Parking
  • Garden
  • Laundry
  • Underfloor Heating

Description

MANNING AVENUE IS AN INVESTOR’S DREAM

 

Why 488 Manning Avenue is an investor’s Dream?

An incredible opportunity to live in and rent out or for an investor looking for a turn-key cash cow in one of downtown’s finest locations!
in 2012 488 Manning was completely gutted and redesigned, to offer three purpose built luxury apartments.
The owner’s suite is 3 bedrooms, 2 bath and 2 balconies which has a market rent of approximately $4,000 per month.
One bedroom luxurious main floor apartment will be vacant this May 1, and has a market rent of about $2,500 per month.
The basement apartment two bedroom apartment is happily tenanted at $2,200 per month.
488 Manning Avenue provides a 2012 built detached 1.5 car garage with access via rear laneway.  Enjoy the added storage loft in the upper level of the garage.  You may also  consider the potential of building a laneway house.
The entire house has radiant heated floors and is insulated for sound floor to floor.
An incredible opportunity in the most attractive and desirable part of Manning Avenue. Located between Little Italy and the Bloor subway you can easily walk to the historic Kensington Market, Trinity-Bellwoods, Christie Pits and Bickford park as well as downtown’s finest schools such as Pierre E. Trudeau French school, Clinton Street Junior, Harbord Collegiate, Central Tech and of course University of Toronto. Also, just down the street from the future Mirvish Village mega development. Truly one of downtown Toronto’s finest locations to invest in!

           Monday April 8th:      LIVE ON MLS:   

 

        Tuesday, April 9:        11 – 1 PM    BROKER PREVIEW 

PUBLIC OPEN HOUSE SCHEDULE

THURSDAY, April 11:                      4 – 6:00 PM

           FRIDAY, April 12:                   4 – 6:00 PM

SATURDAY, April 13:                  1 – 5 PM

SUNDAY, April 14:                       1 – 5 PM

 

 CLICK HERE FOR FULL MLS DETAILS

 

VIRTUAL TOUR STARTE HERE

488 MANNING FLOOR PLANS ARE HERE

 

HERE ARE THE FINANCIALS!

 

 

488 Manning Avenue

Very Walkable

Explore Palmerston-Little Italy on Walk Score

Video tour

Contact the Agent

Duncan James Cameron

Realtor - Harvey Kalles Real Estate Ltd. Brokerage
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