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Property Details: - Type: Multiplex - Bedrooms: 6 - Bathrooms: 5 - MLS#: C12988972 Listed By: KELLER WILLIAMS PORTFOLIO REALTY
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! This multiplex home located at 229 Manor Road E, Toronto is currently for sale and has been available on Zolo.ca for 0 day. This property is listed at $2,999,800 with an estimated mortgage of $11,042* per month. It has 6 beds, 5 bathrooms, and is 3500-5000 square feet. 229 Manor Road E, Toronto is in the Mount Pleasant East neighborhood Toronto. Mount Pleasant West, Leaside and Yonge Eglinton are nearby neighborhoods.
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