140 Ascot Avenue
Toronto W03, ON
- 7 bed
- 5 bath
- approx. 1500-2000 sqft
- Duplex
*** 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.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $6,986
- Originally Listed
- $1,799,999
- Listed
- May 19, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick, Vinyl Siding
- Roof
- Flat, Shingles
- Foundation
- Concrete, Poured Concrete
- Interior
- Carpet Free, ERV/HRV, Floor Drain, Guest Accommodations, In-Law Suite, Storage, Water Heater
- Lot Size
- 18 x 120 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- St. Clair West Ave & Lansdowne Ave
- Zoning
- R(d0.6*742)
- Parcel Number
- 213180047
- Possession
- Flexible
- Occupancy
- Owner
Schools
Elementary
- Stella Maris Catholic School0.4 km
Catholic · Toronto CDSB · 245 students
Grade 3 reading: 83% met the provincial standard · Grade 6 math: 60% met the provincial standard
- St Clare Catholic School0.7 km
Catholic · Toronto CDSB · 430 students
Grade 3 reading: 87% met the provincial standard · Grade 6 math: 40% met the provincial standard
- St Paul VI Catholic School0.8 km
Catholic · Toronto CDSB · 250 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 38% met the provincial standard
Secondary
- Oakwood Collegiate Institute1.1 km
Public · Toronto DSB · 525 students
Grade 10 literacy: 88% met the provincial standard
- York Memorial Collegiate Institute2 km
Public · Toronto DSB · 885 students
Grade 10 literacy: 65% met the provincial standard
- Bloor Collegiate Institute2.4 km
Public · Toronto DSB · 820 students
Grade 10 literacy: 95% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M6E
- Population
- 37,684
- Private dwellings
- 16,172
- Median age
- 40.8
- Average household size
- 2.5
- Median household income
- $82,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto W03 · last 12 months
- Median sold price
- $868,750
- Homes sold
- 480
- Median days on market
- 17
- Sale-to-list price
- 100.2%
Based on 480 recorded sales of residential freehold properties in Toronto W03 over the last 12 months.
Rooms
3-piece on Basement, 2-piece on Main, 3 × 3-piece on Second
Second
- Bedroom 28'10" x 10'8"
- Bedroom 29'9" x 11'2"
- Bedroom 36'4" x 9'7"
- Bedroom 39'9" x 7'8"
- Primary Bedroom10' x 10'9"
- Primary Bedroom8'11" x 12'9"
Main
- Dining Room15'6" x 10'7"
- Kitchen15'7" x 10'8"
- Kitchen12'8" x 10'10"
- Living Room19'6" x 12'8"
Basement
- Bedroom 410'5" x 8'7"
Listed by
EASY LIST REALTY LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$330,000
Estimated Monthly Payment
$8,106
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,106/mo (20% down, 5.5%)
Taxes: $582/mo · Insurance: $413/mo
Estimates only. Consult a financial advisor.
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