REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

$ 2,999,800

Est. payment | -/mo

9 Beds

5 Baths

Save

$ 2,999,800

Est. payment | -/mo

Save

9 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Municipality Toronto C10

Subdivision Mount Pleasant East

MLS Listing ID C12988972

Style 2-Storey

Bedrooms 9

Annual Tax Amount $15,195

Tax Year 2025

Property Sub-Type Multiplex

Property Description

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!

Location

Province ON

County Toronto

Community Toronto C10

Area Toronto

Rooms

Family Room No

Basement Apartment, Separate Entrance

Kitchen 4

Separate Den/Office 3

Interior

Interior Features 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

Cooling Wall Unit(s)

Fireplaces Number 2

Fireplaces Type Wood

Inclusions All existing appliances: 4 Fridges, 4 Stoves, 4 Dishwashers, 3 Microwave Range Fans, 1 Microwave, 1 Range Fan, 1 Wine Fridge, 4 Washers, 4 Dryers, All Electric Light Fixtures, All Window Coverings (except any belonging to tenants)

Exterior

Exterior Feature Landscaped, Lawn Sprinkler System, Lighting, Patio, Privacy, Porch

Parking Features None

Garage Spaces 3.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 32.0

Lot Depth 125.0

Total Parking Spaces 3

Building

Foundation Brick, Concrete

Others

Senior Community Yes

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

Listed by KELLER WILLIAMS PORTFOLIO REALTY

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(647) 493-3579

info@tonyledi.com

CAN

Learn More About LPT Realty

229 Manor RD E Toronto C10, ON M4S 1R9