435 Manning Ave

Revealing Manning's Detached Victorian Hidden Treasure - A Delightful Discovery Behind the Curtain! Owned and maintained by the same owner for 40 years, this property is situated on the best stretch of Manning Avenue between Harbord and College. No mystery here: this property checks all the boxes for both investors and potential residents alike. Over 3200 sf on 4 levels of finished bright space. Nestled in the heart of the highly sought-after Palmerston-Little Italy area, this splendid Victorian-style detached house embodies timeless charm. Versatility meets Opportunity, with its perfect blend of historic character, massive size and ideal location to meet your every need, whether you want to create your own single-family Victorian masterpiece, a multi-generational living arrangement, Live & Rent collect rent to help with your household expenses, or a straight long-term investment play, this property offers every possibility. In its current state, this property presents with two spacious 4-bedroom apartments and one sizable 3-bedroom apartment, fully rented, with nice tenants, all month to month (no leases) & tenants pay utilities. Additionally, enjoy the convenience of a large block garage offering up to 2 car parking spaces. Benefit from the substantial rental income while exploring the potential to build a laneway house off the back alley, further maximizing the property potential. Don't miss the massive upside potential for this home. The basement is an add'tl 1,098 sq ft . Units in great condition.Reports avail: laneway home feasibility & home inspect.Little Italy offers many boutiques & eatery options. Walk/bike to Trinity Bellwoods, Ossington, Kensington, U of T, & hospitals. Stellar 90 Walk/96 Bike scores!