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SOLD | 629 Manning Avenue

$ 999,900

629 Manning Avenue, ,
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SOLD
Address: 629 Manning Avenue
City:
Province:
Postal Code: M6G2W2
Country: Canada
Price: $ 999,900
Rooms: 9
Lot Size: 18.75 feet x 90 feet
Bedrooms: 4
Bathrooms: 4
Taxes: $5,320.85 (2019)
Possession: 30/60/90 Days / TBA
Basement: Apartment / Sep Entrance
Parking: Street Permit Parking Available
MLS Number: C4637813

Fabulous Victorian Triplex, Circa 1900 With Endless Possibilities!

If you are a buyer looking for tenants to help pay your mortgage, a pure investor looking for a wonderful property to invest your money in, or are looking to convert a home back to its original glory, 629 Manning Ave. could be the one for you! Located in the highly desirable Little Italy/Annex neighbourhood, steps away from Bloor, the subway (Christie & Bathurst stops), fabulous schools at all levels, including U of T, the vibrant Kensington Market, & wonderful Christie Pits & Trinity Bellwood parks nearby. This home has a walk score of 97, transit score of 98 and a bike score of 100! Beautiful, sun-filled space (2,205 sq. ft. above grade plus 835 sq. ft. lower level) over 4 floors with wonderful vintage details & features; high ceilings, baseboards, crown moulding, stained glass & hardwood floors.

This home is currently set up as 3 separate suites with projected potential income of $67,800:

  • Owner’s Suite – 1,690 sq ft plus 172 sq ft laundry/storage area
    • 2 storey, 3 bedrooms, 2 bathrooms with main floor entry and direct access to the backyard and laundry/storage area
    • Hardwood floors, gorgeous high ceiling 9’9″, original high baseboards & crown moulding and lots of natural light
    • Open concept living & dining room with decorative fireplace & vintage mantle
    • Eat-in family sized kitchen
    • Main floor powder room and 4 piece bath on 2nd floor
    • 3 large bedrooms, master bedroom includes double closet & walk-out to balcony
    • Currently vacant and an opportunity to establish today’s market rent
  • 3rd Floor Suite – 515 sq ft plus rooftop terrace
    • 1 bedroom, 1 bathroom suite with laminate & tile floor & skylight
    • Open concept living/dining/kitchen area
    • Bedroom with window and closet
    • Current tenant paying $1,650 per month (including utilities) on a month to month lease and would like to stay
  • Lower Level Suite – 663 sq ft with walk-up
    • Studio apartment with open concept living/dining/kitchen space
    • 6’8″ basement height
    • Current tenant paying $1,100 per month (including utilities), suite will be vacant as of 12/31/2019 – opportunity to establish today’s market rent
  • Recent improvements:
    • Professionally painted owner’s suite (2019)
    • Hardwood floors refinished in owner’s suite (2019)
    • Front window edges capped with metal (2016)
    • Third floor deck and flat roof replaced (2013)
    • Roof re-shingled with 30 year shingles plus ice and water shield (2012)
    • French drain/waterproofing at north-west side of house (2012)
    • New laminate flooring in 3rd floor suite (2006)
    • Addition of basement studio apartment & upgrade to the laundry room with permits (2002)
  • Lovely perennial gardens in both the front & backyard with a convenient backyard shed
  • Street parking permits available – application has to be made to the City of Toronto
  • Wonderful neighbours and community
  • Potential to create a 4th unit by creating a second floor suite, floor plan is in the link above
  • Don’t miss the opportunity to make 629 Manning Ave. your new home!
Fireplace
Balcony
Terrace
Central Air Conditioning
Eat-in Kitchen
Finished Basement
Private Driveway
Garden Shed
Separate Basement Entrance

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