492 Manning Ave is a 3-bedroom, 2-bathroom commercial in Toronto, listed for $1,899,000. It has 1500-2000 sq ft of living space.
1Up front, a street-level commercial space with a long history as a successful neighbourhood salon.
2A fully finished lower level with kitchen, new 3-piece bathroom, living space and TWO separate exits/walkouts adds another layer of incredible flexibility.
3A deep, grassy backyard and a substantial 2-car block garage.
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.
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $1,266 per square foot. Chat with Zara if you'd like a deeper read on whether this commercial fits your budget and timing.
Inside 492 Manning Ave
Every detail from the listing, in one place.
Type
Commercial
Style
2-Storey
Living space
1500-2000 sq ftas stated on the listing
Parking
2 spacesYes garage
Basement
Apartment, Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
2
Interior
Basement
Apartment · Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Store W Apt/Office
492 Manning Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14033028$1,899,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 492 Manning Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2–7 bed homes for sale in Toronto around $1.9M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio5040.3%On average, homes sold at or above asking.
Active listings12,857Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 18 – Jul 17, 2026: prices up.
Based on 9,410 sales from Jul 17 – Oct 15, 2026 (6,682 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
492 Manning Ave is listed at $1,899,000 (MLS® C14033028). Summitly updates the price as soon as the MLS® record changes.
Is $1,899,000 a good price for 492 Manning Ave?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 492 Manning Ave changed?
No — 492 Manning Ave is still listed at its original asking price of $1,899,000.
How many bedrooms and bathrooms does 492 Manning Ave have?
492 Manning Ave has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a commercial property in Toronto.
Is 492 Manning Ave close to transit?
The nearest rapid-transit station is Christie Station (Line 2), about 640 m (about a 8-minute walk) in a straight line. Bathurst Station is about 790 m (about a 10-minute walk), and Ossington Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 492 Manning Ave compare with other homes in Toronto?
Its asking price of $1,899,000 is about 124% above the median sold price in Toronto over the last 90 days, $848,884, across 9,410 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 492 Manning Ave been sold before?
Summitly has no earlier MLS® sale or lease of 492 Manning Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 492 Manning Ave?
492 Manning Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 492 Manning Ave been on the market?
2 days — 492 Manning Ave was listed on October 13, 2026.
What is the price per square foot of 492 Manning Ave?
About $950 to $1,266 per square foot: the asking price of $1,899,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 492 Manning Ave have parking or a garage?
Yes — the listing gives 2 parking spaces. Garage: Yes.
Does 492 Manning Ave have a basement, and is it finished?
The listing describes the basement as: Apartment, Finished with Walk-Out.
