626 Manning Avenue, Toronto, ON
Palmerston-Little Italy, Toronto · MLS® C14029538
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About this home
In short
- Palmerston-Little Italy home and investment opportunity on one of the most desirable streets in West-Central Toronto.
- Solid brick semi-detached Edwardian on a generous 22.79' x 116' lot with updated contemporary finishes throughout.
- Pot lights, hardwood and laminate floors and newer windows compliment original wainscotting and leaded glass windows.
- Ideal as an expansive residence with space for extended family and guests or multiple rental options with 4+1 bedrooms, 3+1 kitchens And 2+1 bathrooms, along with a...
- Approved plans and building permits for a 2-storey laneway house and main house conversion with addition to 4 self-contained apartment units provide additional...
Palmerston-Little Italy home and investment opportunity on one of the most desirable streets in West-Central Toronto. Solid brick semi-detached Edwardian on a generous 22.79' x 116' lot with updated contemporary finishes throughout. Pot lights, hardwood and laminate floors and newer windows compliment original wainscotting and leaded glass windows. Ideal as an expansive residence with space for extended family and guests or multiple rental options with 4+1 bedrooms, 3+1 kitchens And 2+1 bathrooms, along with a large rear upper deck and private backyard patio for outdoor living space and entertaining. Approved plans and building permits for a 2-storey laneway house and main house conversion with addition to 4 self-contained apartment units provide additional residence and investment options. Large detached 2-car garage with electrical panel and wide laneway access. Well located in the vibrant and highly desirable Palmerston-Little Italy neighbourhood in the heart of downtown Toronto, within walking distance to great restaurants, shopping, parks, community and neighbourhood amenities and public transit.
Key facts
- Property type
- Semi-Detached, 2 1/2 Storey
- MLS®
- C14029538
- Bedrooms
- 4+1 (5 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 22.79 × 116 ft
- Cross streets
- Bloor St W and Bathurst St
- Parking
- 2 garage (detached)
- Driveway
- Lane, Private Double
- Basement
- Finished, Full
- Kitchens
- 4 (3 + 1)
- Heating
- Baseboard
- A/C
- None
- Exterior
- Brick
- Foundation
- Other
- Roof
- Asphalt Shingle, Flat
- Sewer
- Sewer
- Property tax
- $8,110 / 2026
- Days on market
- 5
- Listing brokerage
- ROYAL LEPAGE SUPREME REALTY
Rooms
hardwood floor · bay window · fireplace
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readIts public catchment (Clinton Street Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Neighbourhood & location
Palmerston-Little Italy, Toronto, ON
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Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $1,359,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,515
- Property tax
- $676
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,191
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $30,455
- Toronto municipal land transfer tax
- $30,455
- Estimated closing costs
- $60,910
Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $450,915
- Principal paid down
- $166,069
- Interest paid
- $284,846
- Balance remaining
- $1,193,131
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SUPREME REALTY. MLS®/PropTx.