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Listed 9 days 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 home and investment opportunity on one of the most desirable streets in West-Central Toronto. Solid brick semi-detached Edwardian on a generous 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.

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agent
Ephy Bookbinder
(416) 838-4804
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

Values and trends

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