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Palmerston-Little Italy, Toronto
$1,788,000
In the heart of Little Italy, it is rare to find a home offering this combination of scale, flexibility, and character. Vacant and ready for its next owner, 431 Manning Avenue is an impressive Victorian 3-storey home offering more than 3,100 sq. ft. of finished living space across 4 levels, with thoughtful improvements made over the years while preserving the space, functionality, and character that make these homes so special. Original details, including stained glass and multiple bay windows, remain, complemented by improved kitchens and bathrooms, many updated windows, and a recently renovated basement bathroom. With a bathroom on every level, kitchens on the main and second floors, and a roughed-in kitchen in the basement, the layout offers exceptional versatility for those looking to create a distinguished single-family home, a comfortable multigenerational residence, or a flexible living arrangement with income-supporting potential. The large double-car block garage off the laneway adds another valuable downtown advantage. Located directly across from Clinton Street Public School, this address offers the everyday convenience families value most, with playgrounds, fields, and green space just steps away. Enjoy morning coffee on College Street, dinner along Harbord, the energy of Little Italy at your doorstep, and easy access by foot or bike to U of T, Kensington Market and downtown. A home with the scale to grow with your family, the character to inspire your vision, and the location to enjoy everything this remarkable neighbourhood has to offer.
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| Type | Semi-Detached |
| Style | 2 1/2 Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,804 |
| Lot Size | 19.75 ft x 128 ft |
| mls© Number | C13820916 |
| Listed By | FREEMAN REAL ESTATE LTD. |
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%
- $9,152
- Property tax
- $650
- Heat allowance
- $150
- Housing costs
- $9,952 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$306,000
gross annual household income
- Payment at 4%
- $7,524 / mo
- Cash down
- $357,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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