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1494 ISLINGTON AVENUE, Toronto (Princess-Rosethorn) — listed at $2,900,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 3.43 x 3.15 meters |
| Bedroom 3 | Second level | 4.5 x 3.02 meters |
| Bedroom 4 | Second level | 4.19 x 3.43 meters |
| Kitchen | Main level | 4.44 x 4.04 meters |
| Dining room | Main level | 3.86 x 2.77 meters |
| Living room | Main level | 4.11 x 3.94 meters |
| Library | Main level | 6.17 x 2.77 meters |
| Family room | Main level | 6.43 x 4.14 meters |
| Bedroom | Main level | 3.71 x 2.79 meters |
| Primary Bedroom | Second level | 6.6 x 4.27 meters |
| Sitting room | Second level | 4.19 x 3.91 meters |
| Bedroom 2 | Second level | 6.43 x 3.91 meters |
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the space laid out across floors?+
This is a 2-storey single family. The 6 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
How many fireplaces are there, and what type?+
This home has 3 fireplaces. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
Is 1494 ISLINGTON AVENUE a good fit for a growing family?+
With 6 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
What makes this a luxury property?+
At $2,900,000, standout features include 5 bathrooms, 3 fireplaces. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $7,059.26, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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