Gurvinder Nokwal REALTOR®
For Sale Detached 38 days on market

$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
Map

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

Room Level Dimensions
Family Room Main 21′ 1″ × 13′ 7″
Foyer Main 11′ 3″ × 10′ 4″
Living Room Main 13′ 6″ × 12′ 11″
Sitting Second 13′ 9″ × 12′ 10″
Kitchen Main 14′ 7″ × 13′ 3″
Bedroom 3 Second 14′ 9″ × 9′ 11″
Bedroom Main 12′ 2″ × 9′ 2″
Dining Room Main 12′ 8″ × 9′ 1″
Bedroom 4 Second 13′ 9″ × 11′ 3″
Primary Bedroom Second 21′ 8″ × 14′ 0″
Library Main 20′ 3″ × 9′ 1″
Bedroom 2 Second 21′ 1″ × 12′ 10″

Features

Interior

  • Other

Pool

  • None
Included
Existing Appliances, Existing Window Coverings, Existing Light Fixtures.
Rental items
Hot Water Tank.

Mortgage calculator

Minimum for this price: $580,000 (20%)

Amortization, years

Estimated mortgage payment

$12,841 per month

Principal and interest
$12,841
Property tax
$588
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
Total, before legal fees
$697,950
Talk to me about financing

Estimates 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

1494 Islington Avenue, Toronto, ON M9A 3L5 Princess-Rosethorn, Etobicoke, ON M9A 3L5
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,900,000 1494 Islington Avenue, Toronto, ON M9A 3L5
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