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Welcome to this remarkable 2 1/2 Storey semi-detached located in the coveted neighborhood of South Parkdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
There are homes you tour and then there are homes that speak to you. Nestled on one of Parkdale's most beloved, tree-lined streets, this enchanting 2.5-storey Victorian home is a rare blend of timeless charm and curated modern elegance. From the moment you arrive, you're greeted by the romance of a bygone era: soaring ceilings, original stained glass, antique doorknobs and intricate millwork whispering stories of the past. Yet step inside, and the narrative evolves: a thoughtful open-concept layout, a remodelled kitchen with custom built-ins and a gas stove, a cozy living room with a gas fireplace and bay window, and a main floor powder room - all designed for contemporary living. The second level offers two gracious bedrooms and a sun-drenched bonus room that opens to a private deck. A generous walk-in linen closet, roughed-in for 2nd-floor laundry, adds convenience and flexibility. The large 4-piece Scandinavian-inspired bathroom features an indulgent steam shower and custom cabinetry. The third-floor primary is a true haven, complete with a refined 3-piece ensuite w/ heated floors, a double closet and a rooftop terrace that offers an intimate escape above the city's bustle. The finished lower level, complete with a separate entrance, offers a wealth of possibilities - whether as a family room, an in-law suite, or an income-generating space with a kitchen rough-in already in place. Outside, lush gardens, a tranquil pond and two-car parking on a 150-ft lot complete this picture-perfect setting. Cowan isn't just a street, it's a community, where neighbours gather, kids play and traditions like the Cowanation Spring Sale & legendary Halloweens bring the block to life. This is more than a home, it's where stories are made and lived. Ideally situated between Roncesvalles and the best of King/Queen W, with unmatched access to vibrant cafes, local shops & dining. Steps to Lake Ontario, High Park & easy commutes via King streetcar, Exhibition GO, or Gardiner.
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Hospital, Park, Lake Access, Fenced Yard, Public Transit, Rec./Commun.Centre
Floor Drain, Sump Pump
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 40 Cowan Avenue, Toronto W01, ON M6K 2N4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,599,000 in Toronto, the legal minimum down payment is $319,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $28,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,455 also applies, bringing the total estimated land transfer taxes to $56,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.