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Islington-City Centre West · M9B 2E3
$1,799,000
MLS® #W13143314
6
Bedrooms (4+2)
5
Bathrooms
1100-1500
Sq Ft
About This Property
Welcome to 40 Cowley Avenue - a rare, fully renovated and expanded detached home in Toronto's highly desirable west end, offering a unique blend of space, flexibility, and income potential. Opportunities like this are increasingly hard to find: a solid, upgraded home on a premium 75 x 85 ft lot, designed to serve end-users, multi-generational families, and investors alike. Inside, you'll find a thoughtfully updated layout featuring 4+2 bedrooms and 4 bathrooms, with generous principal rooms and modern upgrades that reflect today's lifestyle needs. The recent renovations and added living space not only enhance comfort, but position this home as a long-term, future-proof investment. The finished basement with separate entrance offers immediate rental income potential or a private in-law suite - a highly sought-after feature in today's market. Above the garage, the loft space presents a rare opportunity to easily create an additional unit, studio, or workspace - unlocking multiple income streams under one roof. Homes that offer this level of versatility, income potential, and lot size in this location are limited - and in high demand. Around 2000 square feet of living space plus fully finished basement. Renovated + expanded for modern living. Income-ready basement with separate entrance. Loft potential for additional unit. Ideal for multi-generational living or mortgage support. The spacious patio is ideal for socializing, adding a jacuzzi, or even a sunroom. Parking for 5 vehicles. Located in a strong, family-friendly neighborhood near parks, schools, and transit. Whether you're looking to live in, rent out, or strategically invest, this property allows you to do all three - simultaneously. Act quickly - properties with this combination of flexibility and upside do not stay available for long.
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Ground | 17' 1" × 12' 10" |
| Dining Room | Ground | 10' 4" × 11' 5" |
| Family Room | Ground | 9' 11" × 11' 5" |
| Kitchen | Ground | 11' 3" × 9' |
| Bedroom | Ground | 9' 11" × 12' 7" |
| Bedroom 2 | Ground | 12' 9" × 12' 2" |
| Bedroom 3 | Ground | 9' × 9' 9" |
| Bathroom | Ground | 6' 2" × 8' 8" |
| Bathroom | Ground | 3' × 4' 8" |
| Study | Second | 13' 1" × 11' 5" |
| Bedroom | Third | 9' 1" × 11' 2" |
| Bathroom | Third | 5' 9" × 7' |
| Kitchen | Basement | 11' 8" × 11' 5" |
| Family Room | Basement | 13' 6" × 16' 8" |
| Bedroom | Basement | 13' 10" × 8' 11" |
| Bathroom | Basement | 7' 1" × 6' 4" |
| Bedroom 2 | Basement | 16' 7" × 12' 8" |
| Bathroom | Basement | 6' 4" × 6' 11" |
| Utility Room | Basement | 30' 11" × 14' 3" |
| Cold Room/Cantina | Basement | 6' 8" × 4' 6" |
Mortgage Calculator
Estimated monthly payment
$8,838
Down payment: $359,800 · Loan: $1,439,200
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
RE/MAX PROFESSIONALS INC.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: May 26, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.