40 Cowley Avenue Toronto, Ontario M9B 2E3
$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:61483)
Open House
This property has open houses!
1:00 pm
Ends at:5:00 pm
1:00 pm
Ends at:5:00 pm
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 Ft2 |
| 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 |
Contact Us
Contact us for more information
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 The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 21 2026 10:42:10
Toronto Regional Real Estate Board
RE/MAX Professionals Inc.