view of front of home with brick siding, a front yard, a standing seam roof, a chimney, and roof with shingles Features: lawn More Photos

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    For Sale - 229 Manor Road, Toronto, Ontario

    Est payment $14,405/mo
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    Time on Jump  5 day

    AI Summary *

    • Two homes on one lot offer great rental income potential.
    • Main house has three spacious, legal suites for comfortable living.
    • Detached laneway home features contemporary design and lovely views.
    • Close to top-rated schools, parks, shops, and public transport.
    • Turnkey property ready for investors or multi-generational living.




    Welcome to 229 & 229r manor rd e - a rare, income-generating gem in the heart of davisville village. Experience two homes offering over 5,000 sq ft of beautifully designed living space on one exceptional lot. The main house is a impeccably updated, detached home with three fully legal spacious, executive-level suites - each approximately 1,100 sq ft - including two 2-bedroom units, a large 3-bedroom lower suite, and masterfully landscaped outdoor spaces. All are separately metered, with upgraded systems throughout, including full rewiring, and an underpinned basement with over 8 foot ceiling height. Tucked just behind, discover a show-stopping 1,700 sq ft 2-bedroom detached laneway home with over 900 sq ft of sun-filled, contemporary living space perched above a 3-car garage with heated flooring and an ev rough-in. Lovingly re-developed with permits and maintained by experienced developers this turnkey property was crafted with long-term comfort, durability, and design in mind. It's ideal for savvy investors, multi-generational families, co-ownership buyers, or downsizers looking to convert their home equity into a vibrant lifestyle and strong monthly income. Approx $178k gross/$150k net rent potential - a 5% cap rate! All of this, just steps to mount pleasant's michelin mile, the future eglinton lrt, june rowlands park, top-rated schools, boutique shops, cafes, and more. This is a rare opportunity to own two incredible homes on one extraordinary lot - come see it before it's gone!
    Listing IDC12988972
    Address229 Manor Road
    CityToronto, Ontario
    Price$2,999,800
    Bed / Bath9 / 5 Full
    Style2-Storey, Multiplex
    ConstructionBrick
    Land Size4000
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Accessory Apartment, Auto Garage Door Remote, Carpet Free, In-Law Capability, In-Law Suite, Separate Heating Controls, Separate Hydro Meter, Sump Pump, Upgraded Insulation, Water Heater, Water Meter, Water Heater OwnedOutdoor Features Landscaped, Lawn Sprinkler System, Lighting, Patio, Privacy, PorchAmenities Library, Park, Public Transit, Rec./Commun.Centre, SchoolOwnership FreeholdBasement Apartment, Separate EntranceFoundation Brick, ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Agency:  KELLER WILLIAMS PORTFOLIO REALTY

    * Data is provided courtesy of PROPTX. 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. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    229 Manor Road
    Toronto , Ontario
    9 5 $2,999,800
    Get more info