229 MANOR ROAD E, Toronto, Ontario, M4S 1R9

$3,250,000

MLS® # C12556586

Investment For Sale In Davisville, Toronto, Ontario

$3,250,000

Property Information:

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 built 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. Gross rent potential over $180,000/year, 4.7% 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! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: N/A, N/A
  • Construction Status: Insulation upgraded
  • Exterior Finish: Brick
  • Fire Protection: Smoke Detectors
  • Fireplace: Yes
  • Floor Space: 3500 - 5000 sqft
  • Flooring Type: Hardwood, Ceramic, Vinyl
  • Foundation Type: Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Garage door opener remote, Water meter, Dishwasher, Dryer, Microwave, Range, Stove, Washer, Window Coverings, Wine Fridge, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6+3
  • Bathrooms: 5
  • Amenities Nearby: Park, Public Transit, Schools
  • Community Features: Community Centre
  • Features: Lighting, Carpet Free, Sump Pump
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped, Lawn sprinkler
  • Lot Depth: 125 Feet
  • Lot Frontage: 32 Feet
  • Lot Size: 32 x 125 FT
  • Structure Type: Patio(s), Porch
  • Utility Type: Hydro - Installed, Cable - Available, Sewer - Installed
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 3

Rooms:

  • Kitchen 2nd Level 3.08 m x 2.45 m
  • Living 2nd Level 4.80 m x 3.98 m
  • Dining 2nd Level 3.98 m x 3.44 m
  • Primary Bedroom 2nd Level 4.94 m x 2.94 m
  • 2nd Bedroom 2nd Level 3.51 m x 2.71 m
  • Bathroom 2nd Level 2.50 m x 1.48 m
  • Kitchen Basement Level 5.01 m x 5.97 m
  • Living Basement Level 5.01 m x 5.97 m
  • Primary Bedroom Basement Level 3.20 m x 3.00 m
  • 2nd Bedroom Basement Level 3.21 m x 2.94 m
  • 3rd Bedroom Basement Level 2.66 m x 3.69 m
  • Bathroom Basement Level 2.39 m x 1.42 m
  • Bathroom Basement Level 2.40 m x 1.43 m
  • 2nd Bedroom Main Level 3.51 m x 2.76 m
  • Bathroom Main Level 2.47 m x 1.50 m
  • Kitchen Main Level 5.46 m x 3.09 m
  • Living Main Level 9.27 m x 3.53 m
  • Dining Main Level 9.27 m x 3.53 m
  • Primary Bedroom Main Level 4.61 m x 2.95 m
  • Kitchen Upper Level 3.04 m x 3.65 m
  • Living Upper Level 4.75 m x 3.65 m
  • Primary Bedroom Upper Level 3.86 m x 3.20 m
  • 2nd Bedroom Upper Level 3.86 m x 2.74 m
  • Bathroom Upper Level 3.86 m x 1.52 m

Courtesy of: KELLER WILLIAMS PORTFOLIO REALTY

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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