1494 Islington Avenue, Toronto, ON M9A 3L5
Princess-Rosethorn, Toronto · Near Rathburn & Islington · View map
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.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 6
- Bathrooms
- 5
- Kitchens
- 1
- Rooms
- 15
- Basement
- Finished with Walk-Out, Separate Entrance
- Lot size
- 55 x 120 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Board & Batten, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 1
- Driveway spaces
- 5
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $7,059/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Rathburn & Islington
- Neighbourhood
- Princess-Rosethorn
More
- Price per sq ft
- ~$682 (at 4,250 sq ft)
- MLS® number
- W13771930
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
1494 Islington Avenue, Toronto, ON M9A 3L5
Princess-Rosethorn, Toronto · Near Rathburn & Islington
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Listing history for 1494 Islington Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 1494 Islington Avenue
Answers come straight from this home’s MLS® listing.
How much is 1494 Islington Avenue listed for, and what would it cost each month?
1494 Islington Avenue is listed for $2,900,000. With 20% down ($580,000), the mortgage payment would be roughly $11,698 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $12,286 a month, all in. That figure is an illustration, not a quote.
Is 1494 Islington Avenue freehold or a condo, and is there a monthly fee?
1494 Islington Avenue is a 2-storey detached home in Princess-Rosethorn, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 1494 Islington Avenue have?
1494 Islington Avenue has 6 bedrooms and 5 bathrooms.
Does 1494 Islington Avenue have a garage and parking?
Yes. The listing shows the garage as detached, with room for 1 car. The driveway adds 5 spaces. In total the listing counts 6 parking spaces.
Does 1494 Islington Avenue have a finished basement?
The listing describes the basement as finished with walk-out, separate entrance. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 1494 Islington Avenue?
1494 Islington Avenue is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 1494 Islington Avenue, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 55 x 120 ft.
How is 1494 Islington Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 1494 Islington Avenue?
Property taxes are $7,059 a year (2026), or about $588 a month.
Where is 1494 Islington Avenue?
1494 Islington Avenue is in the Princess-Rosethorn community of Toronto. The nearest main intersection is Rathburn & Islington. The postal code is M9A 3L5.
Is 1494 Islington Avenue still for sale?
Yes. It is an active listing (MLS® W13771930). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 1494 Islington Avenue asking?
Similar detached homes for sale nearby right now include 47 Great Oak Drive at $2,799,999 (6 bed), 35 Bywood Drive at $3,075,000 (5+2 bed) and 106 Rathburn Road at $2,948,000 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 1494 Islington Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 1494 Islington Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Princess-Rosethorn, picked by style, size and price.
2-storey detached home$2,799,99947 Great Oak Drive, Toronto6 bed · 5 bath · Princess-RosethornCourtesy of: SOTHEBY'S INTERNATIONAL REALTY CANADAView home →
2-storey detached home$3,075,00035 Bywood Drive, Toronto5+2 bed · 4 bath · Princess-RosethornCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →
2-storey detached home$2,948,000106 Rathburn Road, Toronto4+1 bed · 4 bath · Princess-RosethornCourtesy of: RE/MAX PROFESSIONALS INC.View home →Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.