The Investors Blog/Real Estate/$3.4 Million Toronto Townhome comes with a legal AirBnB suite

$3.4 Million Toronto Townhome comes with a legal AirBnB suite

Saturday, November 19, 2022

This Toronto townhome is perfect for anyone hoping to generate passive income as an added bonus when you live in this ultra luxury townhome.

Billed as a "the upside down" townhome, 222A Manning Avenue has been fully renovated from top to bottom, the main living space is on the top floor, making the most use out of this space.

The spacious three-storey semi offers almost 3,000square feet of high end, designer inspired living space, four-plus-one bedrooms, four bathrooms, and one legal Airbnb that generates incredible revenue.

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The main floor of the property serves as a legal Airbnb.  Fully separted from the main house, and has an incredile source of secondary income and is generally over 90% occupied.    It is such a great feature, in fact, it may be the "coolest part," of the home.  The hotel-esque space has a dedicated entrance, small kitchen area with a mini fridge, bathroom, and a stunning private patio.

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The main living space spreads across the second and third floors, with bedrooms on the former and common areas on the latter.  Outdoor terraces on the upper floors serve as a terrific space to enjoy some outdoor living, with incredible views of Toronto.

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The top level is loft-like, with 10-foot ceilings and an open-concept layout. Hardwood floors can be found throughout.  Panoramic views of the city, upgraded custom kitchen, and tens of thousands spent on upgrades just on the third floor.

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A custom chef's kitchen features stone countertops, stainless steel appliances, a wine fridge, and a modern breakfast bar.  Overlooking the spacious designer inspired living room and dining room, this floor is meant for entertaining. 

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The adjacent dining area is bathed in natural light and features a Juliette balcony.  Large enough to accomodate an oversized dining table, with seating for 8. 

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A custom built, gas fireplace with a striking marble mantelpiece and built-in shelving can be found in the living area, that conceals your entertainment unit and television.  Overlooking breath taking views of the city and walks out to a private terrace.

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A private elevator by interior designer Cecconi Simone runs between all three levels, as does a glass-enclosed floating staircase that brings a uniqueness not found in any other property in the city.  This is truly one of a kind.

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The primary bedroom features an oversized walk-in closet with custom built-ins, a five-piece ensuite with his-and-hers sinks and a marblesque shower, and a custom skull and roses mural.  Automatic blinds and lots of sunshine put this bedroom over the top.

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The remaining two bedrooms have sizeable closets, hardwood floors, and offer views of the city to the south.  Large enough to welcome a family or ideal for a young couple looking to upsize from their condo and start their family. 

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With a price tag of $3,495,000, it will be hard to pass up on this one of a kind opportunity.  The added Airbnb income is a bonus that will help pay for the home.  Less expensive than a home, more modern than most condos, and uniquely designed to satisfy the most discerning taste.

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Check out the full listing here.

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Hi, I Am Stephen Young

CEO Of The Best Blog Ever

I have always loved real estate, and our blog gives you more information about real estate if you are looking for a deep dive. Here we interview other real estate investors, and we show you their journey from start to finish. Be sure to sign up for our weekly newsletter to keep up to date with all of the new blogs, interviews, and investment opportunities.

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