128 Glen Manor Drive, Toronto E02

Price: $2,490,000

5 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Multi-Family

MLS#: E13583970

The Home Of Your Dreams. Just Picture Your Family Gatherings Outdoors In A Magical Oasis Of Flowers, Trees and Sunshine. 128 Glen Manor Is One Of A Kind, Boasts 3 Floors Of Timeless Elegance, Abundance Of Natural Light, Functional Living Space For Multi Generational, Income Potential And A Single Family Transformation. Grand Character Home Overlooking Ravine, Just a Hop, Skip & Jump to Queen St East, Restaurants, Shops & The Beach. Timeless Charm, Main and Second Floor Have 2 Spacious Bedrooms, Updated Kitchens, Beautiful Open Living / Dining Room Combination, High Ceilings, Hardwood Floors With Original Trim. Lower Level Can Provide In-Law Suite Or Apartment Rental, Tons Of Storage, Updated Mechanicals, 3 Car Parking, Lane Way Housing Report Available. Let Your New Chapter Begin. New Traditions & Memories In The Making.

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$2,490,000 - 128 Glen Manor Drive, The Beaches

Multi-Family for Sale in The Beaches

34 days on market

Neighbourhood: The Beaches

5Beds
3Baths
2,500 - 2,999Sq Ft
Multi-Family
Property Details
MLS Number
E13583970
Property Type
Multi-Family
Status
active
Days on Site
34
Bedrooms
5
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
REAL ESTATE HOMEWARD
Description

The Home Of Your Dreams. Just Picture Your Family Gatherings Outdoors In A Magical Oasis Of Flowers, Trees and Sunshine. 128 Glen Manor Is One Of A Kind, Boasts 3 Floors Of Timeless Elegance, Abundance Of Natural Light, Functional Living Space For Multi Generational, Income Potential And A Single Family Transformation. Grand Character Home Overlooking Ravine, Just a Hop, Skip & Jump to Queen St East, Restaurants, Shops & The Beach. Timeless Charm, Main and Second Floor Have 2 Spacious Bedrooms, Updated Kitchens, Beautiful Open Living / Dining Room Combination, High Ceilings, Hardwood Floors With Original Trim. Lower Level Can Provide In-Law Suite Or Apartment Rental, Tons Of Storage, Updated Mechanicals, 3 Car Parking, Lane Way Housing Report Available. Let Your New Chapter Begin. New Traditions & Memories In The Making.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$11,014.11/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,992,000Interest: $1,312,233
Mortgage Amount$1,992,000
Total Interest$1,312,233
Est. Property Tax$1,764/mo
Total Cost$3,304,233

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

Discover The Beaches

The 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

  • 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 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

128 Glen Manor Drive, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,950/mo
Range: $3,358 - $4,543
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,950
Maintenance Fees-$0
Property Tax (est.)-$1,764
Insurance (est.)-$519
Net Cash Flow+$1,667

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 $996/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.

Market Position

At 34 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

About The Beaches

I know The Beaches well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $10,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    128 Glen Manor Drive | $2,490,000 | Battaglia Team