$2,649,000
22 Lesmar Drive, Toronto, ON M9B 2V1
Princess-Rosethorn · W08
Listing courtesy of SAGE REAL ESTATE LIMITED
Princess-Rosethorn · W08 · M9A 3L5
$2,900,000
$829 / sq ft1 months on market
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.
12 rooms. Dimensions as published by the listing brokerage.
| Room | Level | Dimensions | Features |
|---|---|---|---|
| Foyer | Main | 3.43 × 3.15 m11.3 × 10.3 ft | — |
| Kitchen | Main | 4.44 × 4.04 m14.6 × 13.3 ft | — |
| Dining Room | Main | 3.86 × 2.77 m12.7 × 9.1 ft | — |
| Living Room | Main | 4.11 × 3.94 m13.5 × 12.9 ft | — |
| Library | Main | 6.17 × 2.77 m20.2 × 9.1 ft | — |
| Family Room | Main | 6.43 × 4.14 m21.1 × 13.6 ft | Sunken Room |
| Bedroom | Main | 3.71 × 2.79 m12.2 × 9.2 ft | — |
| Primary Bedroom | Second | 6.60 × 4.27 m21.7 × 14.0 ft | — |
| Sitting | Second | 4.19 × 3.91 m13.7 × 12.8 ft | — |
| Bedroom 2 | Second | 6.43 × 3.91 m21.1 × 12.8 ft | — |
| Bedroom 3 | Second | 4.50 × 3.02 m14.8 × 9.9 ft | — |
| Bedroom 4 | Second | 4.19 × 3.43 m13.7 × 11.3 ft | — |
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced above most comparable listings — about 79% of comparable detached listings in Princess-Rosethorn are asking less.
Based on 28 comparable active detached listings in Princess-Rosethorn. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
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.
What similar homes in this area actually sold for.
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$2,649,000
Princess-Rosethorn · W08
Listing courtesy of SAGE REAL ESTATE LIMITED
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Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA
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Listing courtesy of HARVEY KALLES REAL ESTATE LTD.
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Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Listing courtesy of SUTTON GROUP-ADMIRAL REALTY INC.
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Princess-Rosethorn · W08
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.