39 River Street
Regent Park, Toronto, M5A 3P1
$2,150,000
- 3+1 bedrooms
- 2 bathrooms
- 0 parking
- 3500-5000 sq ft
Listed 18 days ago · MLS® C13852832
About this home
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.
Details
- Type
- Detached
- Style
- 2-Storey
- Size
- 3500-5000 sq ft
- Lot
- 22 × 116 ft
- Basement
- Finished, Other
- Garage
- None
- Kitchens
- 1
- Property tax
- $9,307 (2026)
- Neighbourhood
- Regent Park
- Municipality
- Toronto C08
- Price per sq ft
- ~$506 (44% below detached houses in Toronto, $898)
Interior
- Bedrooms
- 3 above ground + 1 below
- Bathrooms
- 2 × 4-piece (second)
- Rooms
- 7 above ground + 2 below
- Family room or den
- Yes
- Fireplace
- Yes
Heating, cooling and services
- Heating
- Forced Air, Gas
- Air conditioning
- Central Air
- Water and sewer
- Sewer
Building and exterior
- Style
- 2-Storey
- Exterior
- Brick, Aluminum Siding
- Roof
- Asphalt Rolled
- Foundation
- Concrete
- Faces
- East
Lot
- Size
- 22 × 116 ft
More
- Possession
- Flexible
- Cross street
- Queen and River
History of this address
2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Queen Subway1.9 km
- 🚇 Castle Frank Subway1.9 km
- 🚆 Toronto Union Station GO2.4 km
Within a 10-minute walk: 11 grocery stores, 89 cafés and restaurants, 28 parks, 10 pharmacies. Nearest grocery: Rabba (300 m). Nearest park: Louis March Park (150 m).
Schools nearby
Elementary
- Nelson Mandela Park Public School
EQAO: Gr 6 reading 76%, math 17%5 min walk - St. Paul Catholic School Catholic
EQAO: Gr 6 reading 87%, math 50%8 min walk - Dundas Junior Public School
EQAO: Gr 3 reading 66%, math 53%13 min walk - Lord Dufferin Junior and Senior Public School
EQAO: Gr 6 reading 80%, math 30%13 min walk
Secondary
- Inglenook Community School
EQAO: literacy test 50%8 min walk - SEED Alternative School10 min walk
- Queen Alexandra Middle School11 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M5A
- Owners / renters
- 35% / 65%
- Median household income
- $71,000
- Average age
- 40
- Children under 15
- 9%
- Homes
- 0% detached, 78% high-rise
- Commute by transit
- 28%
- Population
- 48,978
Languages spoken most at home besides English: Bengali 1.8%, Mandarin 1.7%, Yue (Cantonese) 1.5%, Spanish 1.3%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Regent Park (2025): about the Toronto average, down 7% from the year before.
- Assault23% above average
- Break and enterabout average
- Auto theft58% below average
- Robberyabout average
- Theft from vehicles41% below average
- Shootings27% below average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 17 active
-
7 LABATT AVE · 100 mOfficial Plan / Zoning By-law Amendment · Application Received · applied 2026Proposed 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…Application details
-
1 SUMACH ST · 450 mOfficial Plan / Zoning By-law Amendment · Application Received · applied 2026Lift the (H)
-
1 SUMACH ST · 450 mSite Plan · Under Review · applied 2025Site Plan Control Application to facilitate the development of the site with two mixed use buildings: 59 and 55 storeys, containing 1,284 dwelling units and…Application details
-
2 MARK ST · 250 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2025Official Plan and Zoning By-law Amendment application for a mixed-use development comprised of two 48-storey towers containing approximately 1,197 residential…Application details
-
620 DUNDAS ST E · 400 mSite Plan · NOAC Issued · applied 2025Building 4A Proposal to construct a 26-storey tower, 10 storey mid-rise podium TCHC social housing building with 271 units, retail at grade along Gerrard…Application details
-
477 QUEEN ST E · 300 mSite Plan · OMB Appeal · applied 2023The proposed development will be 15 storeys in height, plus mezzanine and mechanical penthouse along Queen Street East. Parking elevator access to four levels…Application details
17 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 2 km. Transit times · Driving times
Coming transit
- 🚧 East Harbour Ontario Line800 m · opening early 2030s
- 🚧 Leslieville Ontario Line900 m · opening early 2030s
- 🚧 Distillery District 950 m
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise 2 sources nearby
- 🛣️ Don Valley Parkway250 m
- 🚆 Rail line (GO Transit - Bala Subdivision)150 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
- New Building · 2026 · Under ReviewProposal to demolish existing SFD and construct a new 3 storey, stacked townhouse with 10 units.
- Demolition · 2026 · Under ReviewProposal to demolish existing SFD and to construct a new 3 storey apartment building (stacked townhouse with 10 units).
- New Building · 2023 · CancelledConstruct a new storey stacked townhouse with 10 units
- Garage · 2018 · Permit IssuedProposed demolition of an existing detached garage and shed in the rear yard of an existing single family dwelling.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
12 City street trees within 100 m, mostly maples. That’s fewer than the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Short-term rentals
Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by JDL REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
Similar homes nearby
See more in Toronto
$2,150,000
5+2 bd6 ba4 pk2000-2500 ft²
52 Heydon Park Road
Little Portugal, Toronto
Detached · MLS® C13819852 · RE/MAX WEST REALTY INC.
$2,150,000
4+2 bd8 ba5 pk2500-3000 ft²
124 Baldwin Street
Kensington-Chinatown, Toronto
Semi-Detached · MLS® C13866612 · RE/MAX WEST REALTY INC.
$2,150,000
5+1 bd5 ba6 pk3500-5000 ft²
25 Clarkhill Street
Newtonbrook West, Toronto
Detached · MLS® C13871622 · RE/MAX REALTRON REALTY INC.
$2,150,000
3+1 bd4 ba1 pk1500-2000 ft²
344 Cranbrooke Avenue
Lawrence Park North, Toronto
Detached · MLS® C14083724 · ROYAL LEPAGE SIGNATURE REALTY
New
$2,150,000
3 bd3 ba2 pk1500-2000 ft²
164 Glenvale Boulevard
Leaside, Toronto
Detached · MLS® C14091094 · ALLCOM REALTY SERVICES LTD.
$2,150,000
Reduced $100,000
3 bd3 ba2 pk2000-2500 ft²
623-623A The Queensway
Stonegate-Queensway, Toronto
Att/Row/Townhouse · MLS® W13116060 · RE/MAX IMPERIAL REALTY INC.
$2,150,000
Reduced $100,000
5 bd2 ba2 pk2500-3000 ft²
224 Ellis Avenue
High Park-Swansea, Toronto
Detached · MLS® W13570788 · RARE REAL ESTATE
$2,150,000
5+1 bd4 ba6 pk2000-2500 ft²
1440 DUFFERIN Street
Dovercourt-Wallace Emerson-Junction, Toronto
Triplex · MLS® W13682410 · RE/MAX ULTIMATE REALTY INC.