A LITTLE ITALY UNICORN. AND YES, THEY REALLY DO EXIST! Part home, part business, part investment opportunity and ALL kinds of fabulous! Tucked away on a quiet residential street in the heart of Palmerston-Little Italy, this rare mixed-use gem is anything but ordinary. Up front, a street-level commercial space with a long history as a successful neighbourhood salon. Behind it and above, a 3-bedroom residence offering the ultimate live-work lifestyle, with vacant residential possession on closing. And there's MORE! A fully finished lower level with kitchen, new 3-piece bathroom, living space and TWO separate exits/walkouts adds another layer of incredible flexibility. Out back? A deep, grassy backyard and a substantial 2-car block garage. Seriously, what's not to love? Steps to Clinton Public School, half a block to Harbord Collegiate, and an easy stroll to U of T, Central Tech, fabulous cafés, restaurants and all the flavour of Little Italy. The property is identified under City of Toronto Zoning Exception R 735 (Chapter 900.2.10), with reported longstanding non-residential use permissions and a 0.6 FSI density rating, all subject to independent verification. Dreaming of running your business steps from home? Investing in something truly distinctive? Or creating your own urban masterpiece? Here's your chance to think outside the ordinary. Because cookie-cutter is boring. And this property is anything but! Buyer to verify zoning, permitted uses and any proposed alterations with the City of Toronto.
About this home
Photos of 492 Manning Avenue
Facts and features of 492 Manning Avenue
| Type | Store W Apt/Office |
|---|---|
| Style | 2-Storey |
| Bedrooms | 3 + 1 |
| Bathrooms | 3 |
| Size | 1500-2000 sq ft |
| Lot | 18.87 x 124 Feet |
| Parking | 2 |
| Garage | Attached |
| Heating | Forced Air |
| Cooling | Central Air |
| Basement | Apartment, Finished with Walk-Out |
| Exterior | Brick |
| Taxes | $10,834 (2025) |
| Days on market | 15 |
| Listing brokerage | FREEMAN REAL ESTATE LTD. |
Rooms
13 rooms, with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Lower | 15′ 3″ × 16′ 1″ 4.65 × 4.9 m | combined w/dining, family size kitchen, fireplace |
| Foyer | Main | 3′ 9″ × 10′ 4″ 1.14 × 3.15 m | W/O To Patio |
| Dining Room | Main | 15′ 3″ × 14′ 7″ 4.65 × 4.45 m | combined w/living, w/o to yard |
| Cold Room/Cantina | Lower | 6′ 6″ × 9′ 8″ 1.98 × 2.95 m | B/I Shelves |
| Kitchen | Main | 15′ 3″ × 14′ 7″ 4.65 × 4.45 m | open concept, combined w/dining, family size kitchen |
| Primary Bedroom | Second | 13′ 0″ × 10′ 0″ 3.96 × 3.05 m | walk-in closet(s), east view, hardwood floor |
| Living Room | Main | 11′ 4″ × 15′ 0″ 3.45 × 4.57 m | open concept, w/o to yard, combined w/dining |
| Bedroom 2 | Second | 11′ 0″ × 9′ 6″ 3.35 × 2.9 m | south view, hardwood floor |
| Bedroom 3 | Second | 9′ 6″ × 9′ 8″ 2.9 × 2.95 m | west view, hardwood floor |
| Bedroom | Lower | 12′ 0″ × 13′ 0″ 3.66 × 3.96 m | closet, tile floor, w/o to yard |
| Other | Main | 13′ 7″ × 35′ 1″ 4.14 × 10.69 m | tile floor, open concept, 2 pc ensuite |
| Foyer | Lower | 11′ 6″ × 9′ 8″ 3.51 × 2.95 m | window, walk-out, tile floor |
| Living Room | Lower | 11′ 5″ × 14′ 10″ 3.48 × 4.52 m | open concept, combined w/office, tile floor |
Around this home
What’s near 492 Manning Avenue
From 492 Manning Avenue, the nearest station is Christie station (Line 2 Bloor-Danforth), about 650 m away; the nearest grocery store is College Fruit Market, about 500 m away; the nearest TDSB elementary school is Clinton Street Junior Public School, about 150 m away; and the nearest park is Healey Willan Park, about 100 m away.
Transit
- Christie station Line 2 Bloor-Danforth about 650 m
- Bathurst station Line 2 Bloor-Danforth about 800 m
- Ossington station Line 2 Bloor-Danforth about 1.0 km
Groceries and pharmacies
- St.Michael's Drug Mart Pharmacy about 450 m
- College Pharmacy II Pharmacy about 450 m
- College Fruit Market Grocery about 500 m
- Fresh Fruit Market Grocery about 550 m
- P.A.T. Central Market Grocery about 550 m
Parks
- Healey Willan Park Park about 100 m
- Art Eggleton Park Park about 300 m
- Bickford Park Park about 400 m
Schools
- Clinton Street Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 96% · Gr 6 math 84% about 150 m
- Montrose Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 100% · Gr 6 math 70% about 350 m
- Delta Senior Alternative School TDSB middle school · 7-8 about 350 m
- St Francis of Assisi Catholic School Catholic elementary · JK-8 EQAO 2024-25: Gr 6 reading 90% · Gr 6 math 60% about 300 m
- Harbord Collegiate Institute TDSB secondary · 9-12 EQAO 2024-25: Gr 9 math 77% · Gr 10 literacy 93% about 250 m
- Loretto College School Catholic secondary · 9-12 EQAO 2024-25: Gr 9 math 40% · Gr 10 literacy 83% about 700 m
Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.
Community
- Bob Abate Community Centre Community centre about 600 m
- College/Shaw Library Library about 650 m
- Alex Duff Memorial Pool Pool or arena about 850 m
Private schools
- Girls
- Branksome Hall JK to Grade 12 about 3.3 km
- The Bishop Strachan School JK to Grade 12 about 3.5 km
- Boys
- Royal St. George's College Grades 3 to 12 about 1.2 km
- St. Michael's College School Grades 7 to 12 about 2.9 km
- Co-ed
- Paul Penna Downtown Jewish Day School JK to Grade 8 about 1.1 km
- University of Toronto Schools (UTS) Grades 7 to 12 about 1.3 km
- Howlett Academy JK to Grade 8 about 1.4 km
- The Shire School JK to Grade 6 about 1.8 km
Within a 40-minute walk, from our list of private schools in central Toronto (checked October 2026). Fees and admissions on each school’s site. See all private schools
Restaurants
- Le Petit Chef Google reviews about 150 m
- Bike Joint Google reviews about 150 m
- Y not Italian! Google reviews about 150 m
- BellyBuster Google reviews about 400 m
- Duff's Famous Wings Google reviews about 400 m
Places: OpenStreetMap contributors, October 2026. Straight-line distances. Schools: EQAO 2024-25, Ontario Ministry of Education.
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492 Manning Avenue
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492 Manning Avenue
Listing information is deemed reliable but is not guaranteed accurate by PropTx or the Toronto Regional Real Estate Board. Data source: PropTx. Listings are refreshed from the MLS® at least daily.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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MLS® C14033028 Data source: PropTx Listed October 14, 2026
