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:61852)
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Property Details
| MLS® Number | W13143314 |
| Property Type | Single Family |
| Neigbourhood | Islington |
| Community Name | Islington-City Centre West |
| Features | Sump Pump |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 6 |
| Amenities | Separate Heating Controls |
| Appliances | Washer, Window Coverings |
| BasementDevelopment | Finished |
| BasementFeatures | Apartment In Basement, Walk Out, Separate Entrance |
| BasementType | N/a, N/a (finished), N/a |
| ConstructionStatus | Insulation Upgraded |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick |
| FireplacePresent | Yes |
| FoundationType | Concrete |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 85 Ft |
| SizeFrontage | 75 Ft |
| SizeIrregular | 75 X 85 Ft |
| SizeTotalText | 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 |
Interested?
Contact us for more information
Matthias Hartwig
Salesperson
1 East Mall Cres Unit D-3-C
Toronto, Ontario M9B 6G8
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May 21 2026 10:42:10
Toronto Real Estate Board
RE/MAX Professionals Inc.