$2,900,000
Est. payment $12,841/moCalculate yours
1494 Islington Avenue, Toronto, ON M9A 3L5
Princess-Rosethorn, Etobicoke, ON M9A 3L5
- 6 Beds
- 5 Baths
- 1 Garage
- 3,500 Sq Ft
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD. MLS® W13771930
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 3,500 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 5
- Kitchens
- 1
- Basement
- Finished with Walk-Out, Separate Entrance
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Board & Batten , Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 55 x 120 Feet
- Parking
- Detached garage · 6 total
Financial
- Property Taxes
- $7,059 (2026)
Location
- Neighbourhood
- Princess-Rosethorn
- Cross Street
- Rathburn & Islington
- Direction Faces
- West
Listing
- MLS® Number
- W13771930
- Days on Market
- 38
- Listed On
- 2026-09-10
- Possession
- TBA
- Listed By
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
Features
Interior
- Other
Pool
- None
- Included
- Existing Appliances, Existing Window Coverings, Existing Light Fixtures.
- Rental items
- Hot Water Tank.
Mortgage calculator
Estimated mortgage payment
$12,841 per month
- Principal and interest
- $12,841
- Property tax
- $588
- Condo fees
- $0
- Estimated monthly cost
- $13,429
Your mortgage
- Mortgage amount
- $2,320,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,532,172
Cash to close
- Down payment
- $580,000
- Land transfer tax (Ontario + Toronto)
- $117,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $697,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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