39 River Street

Regent Park, Toronto, M5A 3P1

$2,150,000

Photo 1 of 2Photo 2 of 2
  • 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 m
    Official Plan / Zoning By-law Amendment · Application Received · applied 2026
    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…
    Application details
  • 1 SUMACH ST · 450 m
    Official Plan / Zoning By-law Amendment · Application Received · applied 2026
    Lift the (H)
  • 1 SUMACH ST · 450 m
    Site Plan · Under Review · applied 2025
    Site 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 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Official 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 m
    Site Plan · NOAC Issued · applied 2025
    Building 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 m
    Site Plan · OMB Appeal · applied 2023
    The 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.

Full lot check · Run the numbers

Building permits

  • New Building · 2026 · Under Review
    Proposal to demolish existing SFD and construct a new 3 storey, stacked townhouse with 10 units.
  • Demolition · 2026 · Under Review
    Proposal to demolish existing SFD and to construct a new 3 storey apartment building (stacked townhouse with 10 units).
  • New Building · 2023 · Cancelled
    Construct a new storey stacked townhouse with 10 units
  • Garage · 2018 · Permit Issued
    Proposed 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.

City rules

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.

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