544 Manning Ave
Palmerston-Little Italy, Downtown Toronto, M6G 2V9
FOR SALE
$999,000
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BEDROOMS2
BATHROOMS1
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Property Description
Check out this charming semi-detached century home right in the heart of Little Italy! Nestled in a prime downtown location, this spot is perfect for investors or anyone looking to create their dream space. With the potential for three separate units, this home is full of character, featuring high ceilings and original trimmings that bring a touch of history to the vibe. The upper floor has a rough-in kitchen just waiting for your personal flair, and there's a separate entrance to the basement for extra living or possible rental options.The double car detached garage offers a cool opportunity to build a trendy laneway home great for guests or a bit of extra income. Enjoy lazy mornings on the large balcony off the primary bedroom or chill out in the front-facing courtyard. Great location! Christie Pits Park is just a stone's throw away, and you're surrounded by the lively shops and restaurants on College Street. Plus, with easy access to TTC and subway, getting around town is a breeze. Don't sleep on this laid-back opportunity to own a piece of Little Italy with endless possibilities! Please note that no permits have been obtained and the seller & listing agents do not warrant the zoning uses of the property. The description & renderings are merely highlighting the potential of the property.
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Extras
**INSPECTION REPORT AVAILABLE UPON REQUEST**
Nearby Intersections
Bloor & Bathurst (44)
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Property Details
Street
Community
City
Property Type
Semi-Detached, 2-Storey
Approximate Sq.Ft.
1100-1500
Lot Size
20' x 121'
Acreage
< .50
Fronting
East
Taxes
$6,752 (2024)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 14.99' x 11.42' | Hardwood Floor, Crown Moulding, O/Looks Frontyard |
| Dining | Main | 13.32' x 11.42' | Hardwood Floor, Crown Moulding, Large Window |
| Kitchen | Main | 13.58' x 11.52' | Tile Floor, Backsplash, Window |
| Mudroom | Main | 11.75' x 11.48' | Broadloom, Walk-Out, Large Window |
| Br | 2nd | 8.60' x 11.09' | Laminate, Stainless Steel Sink, Window |
| Prim Bdrm | 2nd | 13.75' x 17.49' | Hardwood Floor, W/O To Balcony, W/I Closet |
| Rec | Bsmt | 27.49' x 16.34' | Broadloom, Walk-Out |
| Laundry | Bsmt | 14.17' x 10.93' | Laundry Sink, Combined W/Laundry |
| Other | Bsmt | 6.99' x 15.68' | Unfinished |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
544 Manning Ave is a 3-bedroom 2-bathroom home listed for sale at $999,000, which is $315,308 (24.0%) lower than the average sold price of $1,314,308 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto declined by $27,142 (2.0%) compared to the previous 30 day period (September 1 - September 30) and up $14 (0.0%) from the same time one year ago.Inventory Change
There were 994 3-bedroom homes listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 17.5% compared with the previous 30 day period (September 1 - September 30) and up 9.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $3,662 (0.3%) above asking price over the last 30 days (October 1 - October 30), which represents a $10,693 decrease compared to the previous 30 day period (September 1 - September 30) and $6,501 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Downtown Toronto over the last 30 days (October 1 - October 30) stood at 63.2%, up from 38.6% over the previous 30 days (September 1 - September 30) and up from 53.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Downtown Toronto stood at 20 days when successfully sold over the last 30 days (October 1 - October 30), compared to 45 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Real Estate Associates
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