40 Cowley Avenue Toronto, Ontario M9B 2E3
6 Bedroom
5 Bathroom
1,100 - 1,500 sqft
Fireplace
Central Air Conditioning
Forced Air
$1,799,000
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. (id:15069)
Open House
This property has open houses!
May
23
Saturday
Starts at:
1:00 pm
Ends at:5:00 pm
May
24
Sunday
Starts at:
1:00 pm
Ends at:5:00 pm
Property Details
| MLS® Number | W13143314 |
| Property Type | Single Family |
| Neigbourhood | Islington |
| Community Name | Islington-City Centre West |
| Features | Sump Pump |
| Parking Space Total | 5 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 6 |
| Amenities | Separate Heating Controls |
| Appliances | Washer, Window Coverings |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk Out, Separate Entrance |
| Basement Type | N/a, N/a (finished), N/a |
| Construction Status | Insulation Upgraded |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Foundation Type | Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Sqft |
| Type | House |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 85 Ft |
| Size Frontage | 75 Ft |
| Size Irregular | 75 X 85 Ft |
| Size Total Text | 75 X 85 Ft |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Study | 4 m | 3.47 m | 4 m x 3.47 m |
| Third Level | Bedroom | 2.76 m | 3.41 m | 2.76 m x 3.41 m |
| Third Level | Bathroom | 1.75 m | 2.14 m | 1.75 m x 2.14 m |
| Basement | Kitchen | 3.55 m | 3.48 m | 3.55 m x 3.48 m |
| Basement | Family Room | 4.12 m | 5.08 m | 4.12 m x 5.08 m |
| Basement | Bedroom | 4.21 m | 2.73 m | 4.21 m x 2.73 m |
| Basement | Bathroom | 2.17 m | 1.94 m | 2.17 m x 1.94 m |
| Basement | Bedroom 2 | 5.05 m | 3.85 m | 5.05 m x 3.85 m |
| Basement | Bathroom | 1.92 m | 2.12 m | 1.92 m x 2.12 m |
| Basement | Utility Room | 9.43 m | 4.35 m | 9.43 m x 4.35 m |
| Basement | Cold Room | 2.04 m | 1.36 m | 2.04 m x 1.36 m |
| Ground Level | Living Room | 5.2 m | 3.9 m | 5.2 m x 3.9 m |
| Ground Level | Dining Room | 3.14 m | 3.48 m | 3.14 m x 3.48 m |
| Ground Level | Family Room | 3.02 m | 3.48 m | 3.02 m x 3.48 m |
| Ground Level | Kitchen | 3.43 m | 2.75 m | 3.43 m x 2.75 m |
| Ground Level | Bedroom | 3.03 m | 3.84 m | 3.03 m x 3.84 m |
| Ground Level | Bedroom 2 | 3.88 m | 3.71 m | 3.88 m x 3.71 m |
| Ground Level | Bedroom 3 | 2.75 m | 2.96 m | 2.75 m x 2.96 m |
| Ground Level | Bathroom | 1.89 m | 2.64 m | 1.89 m x 2.64 m |
| Ground Level | Bathroom | 0.92 m | 1.43 m | 0.92 m x 1.43 m |
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May 23 2026 12:07:50
Toronto Regional Real Estate Board
RE/MAX Professionals Inc.