$3,395,000 - 305 Manning Avenue, Downtown Toronto
Semi-Detached for Sale in Downtown Toronto
- MLS Number
- C13159410
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 20
- 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
Set in the heart of Little Italy on one of the neighbourhoods most coveted tree lined streets, 305 Manning Ave is an architecturally striking residence taken back to the foundation & completely reconstructed with intention & a focus on design, craftsmanship & modern functionality. This turnkey home offers over 3,100 sq. ft. of beautifully finished living space just steps to the city's best restaurants, cafés, shops, parks, schools & transit. The interior is defined by soaring ceiling heights, wide plank hardwood floors, custom millwork & a refined, contemporary aesthetic throughout. The main level is bright, open & designed for effortless everyday living & entertaining, anchored by a stunning chef's kitchen with sleek custom cabinetry, integrated appliances & waterfall stone island. A striking custom glass staircase & thoughtful lighting details elevate the home's architectural appeal. The 2nd floor offers 3 spacious bedrooms, each with built-in cabinetry, a well appointed five-piece bathroom & a full laundry room. Spanning the entire 3rd floor, the primary retreat feels like a boutique hotel suite with a large skylight w/ exceptional natural light, skyline views, a lg walk in closet & luxurious spa-inspired ensuite w/ heated micro-cement floors, a freestanding soaker tub & walk-in shower. The lower level, w/ ~9 ft ceilings & heated polished concrete floors has been transformed into a true wellness retreat complete w/ sauna, oversized steam shower & rec rm w/ an abundance of natural light that is perfect for a home gym. Thoughtfully designed for seamless indoor-outdoor living, the rear yard has a large composite deck, patio, hot tub & low-maintenance landscaping ideal for year-round entertaining. An oversized 2-car garage offers rare flexibility for parking, storage, a gym, studio or workspace. This one-of-a-kind home blends the quality and comfort of a luxury custom build with an unbeatable location in one of the city's most vibrant and sought-after neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$15,017.23/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
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $1698/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 20 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 $14,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.