- Bedrooms
- 3+1
- Bathrooms
- 2
- Size
- 3,500–5,000sq ft
- Per sq ft
- $506at the range’s middle
- Lot
- 22 x 116 ft
- Tax a year
- $9,3072026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 39 River St
39 River St is a 3+1-bedroom, 2-bathroom detached house in Regent Park, Toronto, listed for sale at an asking price of $2,150,000 (MLS® C13852832).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall5/100−$6,510/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 196 detached homes with 4 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $9,307 / 2026
- MLS® number
- C13852832
- Board
- TRREB MLS®
- Property Type
- Detached
- Days on market
- Size
- 3500-5000 sqft
- Lot Size
- 22 x 116 ft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- Regent Park
- Municipality
- Toronto
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 2 × 4pc 2nd
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- Other
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 22 ft
- Depth
- 116 ft
- Lot Size
- 22 x 116 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Rolled
- Fireplace
- Yes
- Pool
- None
- Den
- Yes
- Family room
- Yes
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 39 River St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $2,150,000 | N/A | For Sale | C13852832 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $430,000
- Total mortgage amount
- $1,720,000
- Total interest payment
- $1,222,700
- Total purchase cost
- $3,372,700
- Mortgage payment
- $9,809/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
73%Monthly carrying cost
$10,585- Rent $4,075
- Shortfall $6,510
Rental income opens at $4,075, the median asking rent of 196 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $40,225
- Toronto municipal land transfer tax
- $40,225
- Total land transfer tax
- $80,450
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $71,975
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $2,000,000
- $32,000
- 2.5% from $2,000,000 to $2,150,000
- $3,750
- Ontario total
- $40,225
Toronto’s municipal tax uses the same brackets at this price, so it adds another $40,225.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Street frontage
- 22 ft6.7 m
- Depth
- 116 ft35.4 m
The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m105 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.1 m below ground nearbyThe middle water level in the well records within 500 m (509 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 25 building permits issued within 250 m in the last 2 years250 m
- 7 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 3.9 km3.9 km
- Mapped parcel: about 2,810 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 140 m140 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — Eastern And Booth Blocks, 990 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
Zone
CR 2.5 (c2.0; r1.5) SS2 (x1864)By-law
569-2013Municipality
Toronto1 2.5
Density: total floor area is capped at 2.5 times the lot area.
2 c2.0
Commercial floor area is capped at 2.0 times the lot area.
3 r1.5
Residential floor area is capped at 1.5 times the lot area.
4 x1864
Site-specific exception 1864: this site has rules of its own, written in the by-law.
5 SS2
Standards set 2: the setback, height and coverage rules the by-law applies to this zone.
6 Where this is written
Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(1864)
7 What that means in practice
These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.
City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
12 building permits cleared at this address in the City’s file.
Building Permit Related (DR)Issuance Pending
Drain - Proposal to demolish existing SFD and construct a new 3 storey, stacked townhouse with 10 units.
Applied April 10, 2026
Building Permit Related(MS)Issuance Pending
HVAC - Proposal to demolish existing SFD and construct a new 3 storey walk p stacked townhouse with 10 units.
Applied April 8, 2026
Site ServiceIssuance Pending
Drain - Proposal to demolish existing SFD and construct a new 3 storey stacked townhouse with 10 units.
Applied April 8, 2026
Building Permit Related(PS)Issuance Pending
Plumbing - Proposal to demolish existing SFD and construct a new 3 storey walk p stacked townhouse with 10 units.
Applied April 8, 2026
DemolitionUnder Review
Proposal to demolish existing SFD and to construct a new 3 storey apartment building (stacked townhouse with 10 units).
Applied April 7, 2026
New BuildingUnder Review
Proposal to demolish existing SFD and construct a new 3 storey, stacked townhouse with 10 units.
Applied April 7, 2026
Building Permit Related(MS)Cancelled
HVAC - Construct a new storey stacked townhouse with 10 units
Completed November 17, 2023
Building Permit Related (DR)Cancelled
Drain - Construct a new storey stacked townhouse with 10 units
Completed November 17, 2023
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
7 LABATT AVESite planUnder Review
INACTIVE Site Plan Approval Application for a proposed 38-storey mixed-use building with 548 residential units (rental and condominium), 4752 square metres of non-residential floor area (retail, office and a Salvation Army facility), and two levels of below grade parking.
110 m away7 LABATT AVEOfficial plan or zoning amendmentApplication Received
Proposed 46-storey residential building and a 2-storey non-residential building. Overall, the buildings contain a total of 1,170 dwelling units, 72,748.1 sq. m of residential Gross Floor Area and 1,110.8 sq. m. of non-residential GFA, resulting in a Floor Space Index of approximately 13.67.
110 m away77 RIVER STOfficial plan or zoning amendmentApplication Received
Proposed 46-storey residential building and a 2-storey non-residential building. Overall, the buildings contain a total of 1,170 dwelling units, 72,748.1 sq. m of residential Gross Floor Area and 1,110.8 sq. m. of non-residential GFA, resulting in a Floor Space Index of approximately 13.67.
120 m away77 RIVER STSite planUnder Review
INACTIVE Site Plan Approval Application for a proposed 38-storey mixed-use building with 548 residential units (rental and condominium), 4752 square metres of non-residential floor area (retail, office and a Salvation Army facility), and two levels of below grade parking.
120 m away111 RIVER STCondominiumUnder Review
*** Draft plan of condominium for 430 units.
240 m away113 RIVER STCondominiumUnder Review
*** Draft plan of condominium for 430 units.
240 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Castle Frank Station | TTC subway: Line 2 Bloor-Danforth | 1.9 km |
| Queen Station | TTC subway: Line 1 Yonge-University | 2 km |
| TMU Station | TTC subway: Line 1 Yonge-University | 2 km |
| King Station | TTC subway: Line 1 Yonge-University | 2 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 2.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Nelson Mandela Park Public SchoolToronto DSB | Public · grades JK–8 | 300 m | 56%Grade 6 average |
| St Paul Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 500 m | 72%Grade 6 average |
| Dundas Junior Public SchoolToronto DSB | Public · grades JK–5 · French Immersion | 750 m | 59%Grade 3 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.3 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Inglenook Community SchoolToronto DSB | Public · grades 9–12 | 550 m | — |
| Eastdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 1 km | — |
| St Martin Catholic School (St.Martin)Toronto CDSB | Catholic · grades 9–12 | 1.2 km | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 1.7 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Regent Park are shown to signed-in members.