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For saleMLS® W13771930

1494 Islington Avenue, Toronto, ON M9A 3L5

Princess-Rosethorn · W08 · M9A 3L5

$2,900,000

$829 / sq ft

1 months on market

Bedrooms
6
Bathrooms
5
Interior
3,500 sf
Parking
6
Lot
55 × 120 ft

What's special

  • Detached garage
  • Central air
  • Walk-out basement
  • 3 fireplaces

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About this property

RARE LIVE/WORK OPPORTUNITY IN THE HEART OF PRINCESS ROSETHORN / EDENBRIDGE HUMBER VALLEY NEIGHBOURHOODS! Welcome to 1494 Islington Avenue - an exceptionally unique property offering over 4,000 sqft of residential living space PLUS approximately 1,900 sqft of commercial space, creating an incredible opportunity to live, work and invest all in one location. Ideally positioned directly across from Thorncrest Plaza at Islington Avenue & Rathburn Road, this property offers outstanding visibility, convenience and flexibility in one of Etobicoke's most desirable areas. The spacious 6 bedroom, 4 bathroom residence offers an abundance of room for growing families, multi-generational living or those looking for generous work-from-home space. The home features a beautifully updated chef's kitchen, multiple inviting living and entertaining areas, generous bedrooms and plenty of natural light throughout. A private yard and garage/workspace provide even more functionality for everyday family living. The lower-level commercial space, separately addressed as 1 Rathburn Road, offers approximately 1,900 sqft of bright, versatile space with large windows and a professional front entrance. Well suited for a variety of permitted uses including professional offices, medical or wellness practitioners, accountants, lawyers, real estate professionals, educators, contractors and more. With parking for 6 cars, excellent exposure and a prime location surrounded by established residential neighbourhoods, shopping, restaurants, transit and major roadways, this is a truly rare opportunity to combine home and business under one roof. A property with this size, flexibility and location rarely comes available - perfect for an owner-occupier, professional or investor looking for something truly distinctive.

Rooms

12 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
FoyerMain3.43 × 3.15 m11.3 × 10.3 ft—
KitchenMain4.44 × 4.04 m14.6 × 13.3 ft—
Dining RoomMain3.86 × 2.77 m12.7 × 9.1 ft—
Living RoomMain4.11 × 3.94 m13.5 × 12.9 ft—
LibraryMain6.17 × 2.77 m20.2 × 9.1 ft—
Family RoomMain6.43 × 4.14 m21.1 × 13.6 ftSunken Room
BedroomMain3.71 × 2.79 m12.2 × 9.2 ft—
Primary BedroomSecond6.60 × 4.27 m21.7 × 14.0 ft—
SittingSecond4.19 × 3.91 m13.7 × 12.8 ft—
Bedroom 2Second6.43 × 3.91 m21.1 × 12.8 ft—
Bedroom 3Second4.50 × 3.02 m14.8 × 9.9 ft—
Bedroom 4Second4.19 × 3.43 m13.7 × 11.3 ft—

Features

  • Other

Property details

Property

Property type
detached
Bedrooms
6
Bathrooms
5
Interior size
3,500 sq ft
Lot size
55 × 120 ft
Possession
TBA

Interior

Basement
Finished with Walk-Out, Separate Entrance
Heating
Forced Air · Gas
Cooling
Central Air
Fireplaces
3
Exposure
West

Exterior & services

Construction
Board & Batten , Brick
Garage
Detached
Parking spaces
6
Sewer
Sewer

Costs

List price
$2,900,000
Property taxes
$7,059 / year (2026)
Price per sq ft
$829
Rental items
Hot Water Tank.

Listing

MLS® number
W13771930
Status
For sale
Listed
September 11, 2026
Days on market
55
Last updated
September 11, 2026
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 79% of comparable detached listings in Princess-Rosethorn are asking less.

$1.45MMedian $2.15M$3.26M
This home
$829 / sq ft
Comparable median
$1,074 / sq ft

Based on 28 comparable active detached listings in Princess-Rosethorn. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $580,000
$580,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$12,827.68
Property tax (est.)
$588.27
Estimated monthly
$13,416

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$58,975
Toronto municipal
$58,975
Total due on closing
$117,950

An estimate on the asking price of $2,900,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,900,000

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