$1,799,999
FOR SALE

Detached 2-Storey

Bedrooms: 7Bathrooms: 5Lot: 18 x 120 ft
2025 Taxes: $6,986

140 Ascot Ave
Toronto, ON M6E 1G4 | Corso Italia-Davenport

*** 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, finishes, new tiles and staircase - 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.
Extras
Carpet Free, ERV/HRV, Floor Drain, Guest Accommodations, In-Law Suite, Storage, Water Heater
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Listed By EASY LIST REALTY LTD.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W13145942
Last Updated May 20, 2026
Property Summary
Property Type Detached

More like this:
PIN 213180047
Legal Description PLAN 918 BLK J PT LOT 6
Possession Date Negotiable
Taxes (2025) $6,986
Directions/Cross Streets St. Clair West Ave & Lansdowne Ave
Neighbourhood Corso Italia-Davenport
Area Toronto
Price History

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Detailed Information
Fronting On South
Special Designations Unknown
Included Cable TV
Bedrooms 7
Bathrooms 5
Lot 18 x 120 ft
Exterior Brick
Air Conditioning Central Air
Family Room Y
Basement Finished, Full
Garage Type None
Parking Spaces 1
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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