$2,995,000 - 305 Manning Avenue, Downtown Toronto
Semi-Detached for Sale in Downtown Toronto
- MLS Number
- C13113980
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 30
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES OXLEY REAL ESTATE
Architecturally striking and beautifully finished, this contemporary residence blends clean modern design with exceptional livability in the heart of Little Italy. The layout is open and airy, with clean lines, high-end finishes, wide plank hardwood floors, concealed storage, exceptional craftsmanship throughout and over 3100 sq.ft. of living space. The main floor with soaring 9' ceiling heights is centred by a stunning chef's kitchen featuring sleek cabinetry, integrated appliances, a dramatic waterfall island, stone backsplash providing ample space for casual dining and entertaining. A custom glass staircase and subtle lighting accents add to the home's refined aesthetic leading to the upper levels. The second floor offers a full-sized laundry room, three bedrooms each with built-in cabinetry and a luxurious 5-piece bathroom. The third floor is a sun-filled primary retreat with a stellar skylight and a large en-suite 5-piece bathroom complemented by micro cement heated floors and a freestanding soaker tub. The lower level withs ceilings just under 9' feels like your own 5-star spa experience with sauna, oversized shower, and heated polished concrete floors. Thoughtfully designed throughout, this home offers inviting living spaces, contemporary finishes, and seamless indoor-outdoor connections with unparalleled urban views. To top it all off, the rear yard is an urban oasis with a captivating composite deck, interlock patio, astroturf lawns and a hot tub perfect for entertaining under the night stars. The oversized two car garage provides exceptional flexibility as storage for vehicles, bikes, seasonal items, or the potential to be used as your very own private workspace-studio. Truly, a one-of-a-kind residence for buyers seeking style, refined comfort, and turnkey luxury, that is just minutes from the best schools and Little Italy's greatest shops, cafes, restaurants and public transit.
Estimate your monthly payments for this property
Estimated Payment
$13,247.90/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
305 Manning Avenue, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1498/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $12,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.