42 Glen Manor Drive, Toronto E02

Price: $1,659,000

5 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Semi-Detached

MLS#: E12835146

Only 14 homes from the beach, this exceptional purpose-built duplex (non-conforming, 3 separate kitchens) offers an incredible opportunity for investors and end-users alike. Whether you're looking to generate strong rental income, live in one unit and collect rent, house your family under one roof or design your dream owner's suite, this property fits the bill. The home features three separate kitchens and spacious units, including two vacant two-bedroom suites ready to be rented immediately or occupied by the new owner. It's perfectly suited for multigenerational living, allowing extended family to live comfortably under one roof while maintaining privacy and independence and offers two car parking at the rear. Significant infrastructure upgrades provide peace of mind and reduce short-term costs: roof replaced in 2018, new boiler & 600ft of new plumbing lines in 2020, driveway redone in 2022, upgraded wiring, and window replacement in 2025. The 3 kitchens have been thoughtfully updated featuring dishwashers, quartz countertops and new cabinetry, complemented by fresh paint, new lighting, and new entry doors to each unit. Enjoy the charming updated porch and private patio (with composite decking); the perfect outdoor spaces to relax and take in the lake breeze. A rare opportunity to own a turn-key, income-generating property in an unbeatable beachside location - with the option for you, your family or kids to move in now or in the future!

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$1,659,000 - 42 Glen Manor Drive, The Beaches

Semi-Detached for Sale in The Beaches

105 days on market
5Beds
3Baths
2,000 - 2,499Sq Ft
Semi-Detached
Property Details
MLS Number
E12835146
Property Type
Semi-Detached
Status
active
Days on Site
105
Bedrooms
5
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Only 14 homes from the beach, this exceptional purpose-built duplex (non-conforming, 3 separate kitchens) offers an incredible opportunity for investors and end-users alike. Whether you're looking to generate strong rental income, live in one unit and collect rent, house your family under one roof or design your dream owner's suite, this property fits the bill. The home features three separate kitchens and spacious units, including two vacant two-bedroom suites ready to be rented immediately or occupied by the new owner. It's perfectly suited for multigenerational living, allowing extended family to live comfortably under one roof while maintaining privacy and independence and offers two car parking at the rear. Significant infrastructure upgrades provide peace of mind and reduce short-term costs: roof replaced in 2018, new boiler & 600ft of new plumbing lines in 2020, driveway redone in 2022, upgraded wiring, and window replacement in 2025. The 3 kitchens have been thoughtfully updated featuring dishwashers, quartz countertops and new cabinetry, complemented by fresh paint, new lighting, and new entry doors to each unit. Enjoy the charming updated porch and private patio (with composite decking); the perfect outdoor spaces to relax and take in the lake breeze. A rare opportunity to own a turn-key, income-generating property in an unbeatable beachside location - with the option for you, your family or kids to move in now or in the future!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,338.32/mo

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5-yr fixed avg.

Principal: $1,327,200Interest: $874,295
Mortgage Amount$1,327,200
Total Interest$874,295
Est. Property Tax$1,175/mo
Total Cost$2,201,495

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.

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Neighbourhood Guide: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches 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 The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

The Beaches / Upper Beaches 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.

70
Walk Score
Varies
Price Range

42 Glen Manor Drive, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$1,175
Insurance (est.)-$346
Net Cash Flow+$2,179

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $830/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 105 days on site, this property has exceeded the typical selling timeline for The Beaches. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Detached Home Advantages

Detached homes in The Beaches 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.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in The Beaches.

Bathroom Count Matters

With 3 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: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    42 Glen Manor Drive, The Beac… — $1,659,000 | Battaglia Team