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39 RIVER STREET, Toronto (Regent Park) — listed at $2,150,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Exceptional Development Opportunity in Downtown Toronto! Attention Builders, Developers & Investors - 39 River Street offers a rare opportunity to acquire a prime development site in a rapidly evolving downtown neighbourhood. Situated on an approximately 22' x 116' lot, this property offers outstanding redevelopment potential in a highly desirable location surrounded by significant residential growth and urban revitalization. Previous plans contemplated a purpose-built multi-residential development with 10 units and approximately 7,300 sq. ft. of leasable/sellable area. Conveniently located close to Regent Park, Corktown, the Distillery District, Riverside, downtown amenities, public transit, parks, schools and major routes. An outstanding opportunity for developers and investors looking to capitalize on continued growth in Toronto's downtown east. (id:60164)
What makes this a luxury property?+
At $2,150,000, the premium reflects location, finishes, and lot. In this price range, expect higher-end finishes — verify during a showing.
How is the space laid out across floors?+
This is a 2-storey single family. The 4 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,307.48, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is 39 RIVER STREET a good fit for a growing family?+
With 4 bedrooms and 2 bathrooms, there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
Yes — Finished, Other, See Remarks, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
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