116 Manor Road, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Mount Pleasant West. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,450,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1500-2000 sqft on a premium 50 x 128 ft lot
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via oil
Description
*This much-loved family home sits on a spectacular 50x128 lot* Beautiful landscaping creates a private backyard oasis* Perfectly located within walking distance to Yonge St, Eglinton Ave & Mt Pleasant Rd***** Incredible opportunity to renovate & restore, expand, or build your new dream home***** See Laneway/Garden Suite & Building Potential Reports for inspiration: POSSIBILITY FOR SEVERANCE with minor variance application to Committee of Adjustment* If severed up to 10 units could be possible including 2 rear garden suites* Current zoning allows for residential building types including: detached, semi-detached, townhouse, duplex, triplex & fourplex***** Private driveway and large detached garage provide plenty of parking and storage*Interesting potential in large attic space* Enjoy overlooking the park-like Church property across the street* Stroll to shops, restaurants and everyday conveniences* A wonderful neighbourhood to call home!*
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 116 Manor Road E, Toronto C10, ON M4S 1P8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,450,000 in Toronto, the legal minimum down payment is $490,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $47,725 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $47,725 also applies, bringing the total estimated land transfer taxes to $95,450.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
