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!
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)
Exclusions
TVs and TV Wall Mounts. Any fixtures installed by tenants.
Details
Property Features
Library, Park, Public Transit, Rec./Commun.Centre, School
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