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About the Listing 312500 -
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 re-developed with permits 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. Approx $178K Gross/$150K Net Rent Potential - a 5% 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!
Listing Highlights
Status
Pending
Days on Site
94
Property Type
Multi-Family
MLS ®
C12988972
Year Built
Total Square Footage
3,500
Lot/Acreage
4000
Interior Details
- Bedrooms: 9
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Wall Unit(s)
- Heating: Gas
- Fireplaces: Wood
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Separate Entrance
- Other: Accessory Apartment,Auto Garage Door Remote,Carpet Free,In-Law Capability,In-Law Suite,Separate Heating Controls,Separate Hydro Meter,Sump Pump,Upgraded Insulation,Water Heater,Water Meter,Water Heater Owned,4 Kitchens
- Water:
Exterior Details
- Garage Capacity: 3 car
- Roof: Asphalt Shingle
- Others: Landscaped,Lawn Sprinkler System,Lighting,Patio,Privacy,Porch,Library,Park,Public Transit,Rec./Commun.Centre,School
- Sewer: Sewer
- Parking Features: Detached,Has Garage
Financial Details
- Tax Amount: $15,195
- Taxes w/Assessments: N/A
- Tax/Property ID: 211310140
- Tax Year: 2025
Payment Calculator
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Questions About..
229 Manor Rd E Toronto, ON M4S 1R9
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