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About the Listing 461300 -
*** Visit the REALTOR website for further information about this Listing *** A rare gem with endless possibilities: Two move-in-ready family homes on one large lot in coveted Corso Italia - lived in and loved by two brothers and their growing families over the last 12 years, now ready for its next chapter. Ideal for multigenerational living, easy co-ownership, or live in one home while renting the other as a powerful income support. The property offers warm, spacious family living on one of Corso Italia's best streets. The main home features open living/dining area along with a number of recent renovations - updated kitchen and finishes, new tiles, staircase, vinyl siding - 3 upstairs bedrooms and renovated 3-piece bath. Finished basement features open rec room with new vinyl flooring, 4th bedroom (currently used as storage), renovated 3-piece bathroom, washer/dryer. Potential for partial-unit short-term rental operation (buyer to verify current bylaws and registration). In the rear laneway, is a 2-storey home built in 2021. Not your average "laneway suite," this build maximizes as-of-right bylaw providing identical above grade square footage to the main house. Single car parking pad leads to private entrance and into open-concept layout, with oversized windows, patio doors, quartz kitchen countertops, marble backsplash, main floor powder room, and stacked washer/dryer. Bright second floor with 2 skylights, master bedroom with walk-in closet & 3-piece ensuite, two additional bedrooms and 3-piece bath. Energy-efficient with iFlow HVAC, tankless heater, LED lighting, and NEMA 6-15 Tesla charger outlet. Beautiful shared backyard perfect for family barbecues, kids' play, or quiet coffee - all on one easy-to-manage lot. Steps to shops, restaurants, parks, schools and transit in vibrant Corso Italia. Own a piece of Toronto that truly works for your family and your future.
Listing Highlights
Status
Active
Days on Site
12
Property Type
Residential
MLS ®
W13145942
Year Built
Total Square Footage
1,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other: Carpet Free,ERV/HRV,Floor Drain,Guest Accommodations,In-Law Suite,Storage,Water Heater,2 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Flat,Shingles
- Others: Paved Yard,Privacy,Porch,Electric Car Charger,Fenced Yard,Place Of Worship,Public Transit,Rec./Commun.Centre,School
- Sewer: Sewer
- Parking Features: Available,No Garage
Financial Details
- Tax Amount: $6,986
- Taxes w/Assessments: N/A
- Tax/Property ID: 213180047
- Tax Year: 2025
Payment Calculator
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Questions About..
140 Ascot Ave Toronto, ON M6E 1G4
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