388D Manning Ave
Palmerston-Little Italy, Downtown Toronto, M6G 2V7
FOR SALE
$839,000
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1 + 1
BEDROOMS2
BATHROOMS1
KITCHENS3 + 1
ROOMSC11976339
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Property Description
Welcome to 388D Manning Avenue - a beautifully updated, sun-filled, freehold townhome (no maintenance fees!) in the heart of prime Little Italy. This fully renovated 2-bedroom, 2-bathroom home offers over 1,100 square feet (including below grade) of open-concept, loft-inspired, living space, plus one car parking! The stunning, renovated kitchen boasts quartz countertops, stainless steel appliances, and ample storage - a true cook's paradise. Adjacent to the kitchen, a cozy dining/sitting area with a built-in banquette, ideal for everyday meals, hosting dinner parties, or simply enjoying a cup of tea in the afternoon sun. The open concept second floor is likely to become your favorite spot with soaring 9'9" ceilings, solid mahogany floors, crown molding, and south and west-facing windows, this is a lovely space - and large enough for both a generous sitting area and a dedicated home office. On the top floor, the primary suite features a spacious walk-in closet, a 4-piece bathroom, and serene tree-top views of the city. The beautifully finished lower level has good ceiling height (7'8") and includes a flexible 2nd bedroom (also perfect as a media room, home office, or gym) with a 3-piece ensuite bathroom, abundant storage, and a large south-facing window. At the front of the unit, you'll find a small patio - just the right size for a BBQ, a dining table, and some planters to flex your green thumb! And the location is unbeatable - nestled in a quiet, mews-like setting just steps from College Street, a short stroll to some of the best restaurants, cafes, galleries, and shops in the city, and conveniently close to U of T and the business district. Don't miss this one!
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 3-Storey
Lot Size
15' x 33'
Fronting
West
Taxes
$4,871 (2024)
Basement
Finished, Full
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 10.66' x 17.59' | Combined W/Dining, Pot Lights, Stainless Steel Appl |
| Living | 2nd | 10.66' x 17.59' | Hardwood Floor, Large Window, Crown Moulding |
| Prim Bdrm | 3rd | 10.66' x 13.25' | 4 Pc Ensuite, W/I Closet, Laminate |
| Br | Bsmt | 10.66' x 10.83' | 3 Pc Bath, Pot Lights, Large Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
388D Manning Ave is a 1-bedroom 2-bathroom townhome listed for sale at $839,000, which is $280,000 (50.1%) higher than the average sold price of $559,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom townhome in Downtown Toronto declined by $9,250 (1.6%) compared to the previous 30 day period (December 22 - January 20) and down $24,280 (4.2%) from the same time one year ago.Inventory Change
There were 19 1-bedroom townhomes listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 26.7% compared with the previous 30 day period (December 22 - January 20) and up 46.2% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom townhomes in Downtown Toronto typically sold ($10,633) (1.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $20,117 increase compared to the previous 30 day period (December 22 - January 20) and ($6,771) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom townhomes in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 15.8%, up from 13.3% over the previous 30 days (December 22 - January 20) and down from 161.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom townhome in Downtown Toronto stood at 60 days when successfully sold over the last 30 days (January 21 - February 19), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Bosley Real Estate Ltd.
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