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Listed 12 days ago

24 Manning Avenue

Trinity-Bellwoods, Toronto

$1,799,000

Detached|2 1/2 Storey
4 | 4 | 1
About this home

Rare Trinity Bellwoods detached 4-plex with an absolutely STUNNING owner's suite! Spanning over 3,500 sq.ft. of living space just steps from Queen West and the Trinity Bellwoods Park 24 Manning Avenue offers an unmatched opportunity to reside in a premier downtown location while substantially offsetting your carrying costs. This versatile multi-unit property features a luxurious main-floor owner's suite alongside three quality tenants already in place to provide immediate, reliable income. Capital improvements offer complete peace of mind, highlighted by a newly finished basement unit and brand-new A/C units in the main floor and basement units. The owner's suite dazzles with historic elegance, boasting intricate plaster crown mouldings, a sunlit bay window, a spacious principal bedroom, and a seamless walkout to a tranquil urban Zen garden. Complete with a rare detached garage, you can live comfortably while building equity, or seamlessly convert this grand 2.5-storey Victorian beauty back into a massive single-family sanctuary. Historic character, prime location, and outstanding financial upside all in one package.

Extras

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Got questions?

Contact Milad directly.

agent
Milad Momtaz Azad
(647) 510-8858

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.

TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$8,536
Lot Size25 ft x 90.5 ft
mls© NumberC13597914
Listed ByTORONTO CENTRAL INC.

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%
$9,208
Property tax
$711
Heat allowance
$150
Housing costs
$10,069 / mo

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

Down payment20% · $359,800
25-yr amortization

Income needed

$310,000

gross annual household income

Payment at 4%
$7,570 / mo
Cash down
$359,800

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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