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New3 hours ago

40 Cowley Avenue

Islington-City Centre West, Toronto

$1,899,999

Detached|2-Storey
4 | 5 | 5
About this home

Welcome to 40 Cowley Avenue - a rare opportunity to own a spacious, fully renovated and expanded detached home on a premium 75 x 85 ft lot in Toronto's desirable west end. Thoughtfully updated for modern living, this versatile home offers approximately 2,000 sq ft of living space plus a fully finished basement, with 4+2 bedrooms and 4+1 bathrooms designed to comfortably accommodate growing families, multi-generational living, or those simply looking for more space and flexibility. Inside, you'll find generous principal rooms, modern upgrades, and a functional layout that balances everyday comfort with long-term practicality. The finished basement with separate entrance provides excellent additional living space for extended family, guests, or additional rental income. One of the home's standout features is the large loft area above the garage with separate entrance and separate heating and cooling - ideal as a home office, studio, gym, creative space, additional family living area, or additional rental income. Outside, the spacious patio and backyard offer plenty of room for entertaining, relaxing, gardening, or creating your own outdoor retreat. Parking for up to 5 vehicles adds rare convenience in this location. Located in the family-friendly and prestigious Glen Park neighborhood close to parks, schools, shopping, transit, and major routes, this is a unique opportunity to own a move-in ready home with exceptional space and flexibility in a strong Toronto community. A rare combination of lot size, updated living space, and versatility in a sought-after west-end location.

Extras

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Open houses

  • Sat, Sep 5

    2:00 PM – 4:00 PM

  • Sun, Sep 6

    2:00 PM – 4:00 PM

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Got questions?

Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$5,920
Lot Size75 ft x 85 ft
mls© NumberW13733208
Listed ByRE/MAX PROFESSIONALS INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$9,725
Property tax
$493
Heat allowance
$150
Housing costs
$10,368 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $380,000
25-yr amortization

Income needed

$319,000

gross annual household income

Payment at 4%
$7,996 / mo
Cash down
$380,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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