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MLS® W13771930
Princess-Rosethorn, Toronto, ON
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.
Inclusions
Existing Appliances, Existing Window Coverings, Existing Light Fixtures.
Broker
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Neighbourhood
Princess-Rosethorn
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Detached
1494 Islington Avenue Toronto
Princess-Rosethorn
Type
Detached
Basement
Finished with Walk-Out, Separate Entrance
Parking
Detached (6)
Property Tax
~$7,059/yr
Heating
Forced Air
Buying Essentials
Square Feet
4250 sqft
Facing Direction
West
Parking
Detached (6)
Finances
List Price
$2,900,000
Price per SQFT
$682/sqft
Property Tax
~$7,059/yr
Property Specs
Property Type
Detached
MLS Size
4250 sqft
Basement
Finished with Walk-Out, Separate Entrance
Living & Amenities
Heating Type
Forced Air
Features
Other
Policies & Utilities
Neighbourhood
Princess-Rosethorn
Listed On
Sep 10, 2026
Days on Market
Current: 58 days
11.3 x 10.3
116 sqft
14.6 x 13.3
193 sqft
12.7 x 9.1
115 sqft
13.5 x 12.9
174 sqft
20.2 x 9.1
184 sqft
Sunken Room
21.1 x 13.6
287 sqft
12.2 x 9.2
111 sqft
21.7 x 14.0
303 sqft
13.7 x 12.8
176 sqft
21.1 x 12.8
271 sqft
14.8 x 9.9
146 sqft
13.7 x 11.3
155 sqft
Rooms
12
Listed Room Area
2,231 sqft
Source
Estimated from MLS room dimensions
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