$2,399,999 - 248 Manning Avenue, Downtown Toronto
Townhouse for Sale in Downtown Toronto
Popular ListingNeighbourhood: Trinity-Bellwoods
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- MLS Number
- C13817324
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 14
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $9,730
- Listing Brokerage
- RIGHT AT HOME REALTY
248 Manning Ave, first time avail by original owners, largest of the award winning designed Trinity Homes. An impressive modern 4+1 bedroom family home with nanny/in law suite in lower level. Chefs Scavoloni Kitchen is entertainers dream space, a bright pristine open concept main floor with 10 foot ceilings, built in appliances surrounded by a beautiful marble wall and custom made porcelain countertops, xtra large kitchen island with seating for 6, walking up the open staircase to 3 bdrms on the 2nd floor all bright and freshly painted. The 3rd floor hosts the primary 4th bedroom with a stunning huge ensuite and private balcony overlooking the best of Bellwood Trinitys city views. Amazing closets and dressing room incorporated into the ensuite with tons of storage and top quality upgraded finishing, a newly custom built in make-up vanity desk in the primary bedroom is flanked by even more closet space. Taking a tour of the lower level of this huge family home will not disappoint as a full 3 piece washroom and large media (or nanny suite) also with custom built-in laundry holds the newer washer and dryer, as well as another custom coat closet for easy family drop offs from the private double car garage The 2 car garage is very secure with double door entry system. Too many upgrade to list, see below in inclusions. The pride of ownership is apparent from the moment you enter this home as nothing has been left out of the thought in design and no expense spared in quality from the top to bottom of this 2977 Sq Ft of living space. The private backyard space is avail for entertaining friends, or family BBQs with an ease of walk out through the largest of picture windows making it a easy flow from the kitchen, the wood flooring throughout the house is also worth special notice with custom wash finish. A true must see! Large End Unit Townhouse. $221.18 month payable to Royale Grande Property Management TCECC2312 for common area expenses
Estimate your monthly payments for this property
Estimated Payment
$10,616.00/mo
5-yr fixed avg.
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.
Discover Trinity-Bellwoods
Trinity-Bellwoods 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 Trinity-Bellwoods
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Trinity-Bellwoods 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.
248 Manning Avenue, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $960/sqft, this property is priced in line with current Downtown Toronto 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
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 Downtown Toronto.
Bathroom Count Matters
With 4 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 Trinity-Bellwoods
I know Trinity-Bellwoods 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: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $10,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.