Gurvinder Nokwal REALTOR®
For Sale Detached 25 days on market

$1,950,000

Est. payment $8,634/moCalculate yours

197 De Grassi Street, Toronto, ON M4M 2K8

South Riverdale, Toronto, ON M4M 2K8

  • 6 + 2 Beds
  • 3 Baths
  • 3,000 Sq Ft
Map

Listing courtesy of URBAN REFORM REALTY INC. MLS® E13825302

About this home

A rare opportunity to reimagine one of the area’s most substantial period homes. Built in the early 1900s, 197 De Grassi Street is a grand three-storey residence brimming with original character, including rich wood panelling and millwork, decorative plaster ceilings, stained-glass accents, bay windows, hardwood floors and multiple striking fireplaces. Behind its classic brick facade lies a remarkably spacious interior with generous principal rooms, abundant natural light and exceptional potential throughout. A private, mature garden provides a leafy outdoor retreat in the heart of the city. Restore and renovate this impressive home into a luxurious family estate, preserving its irreplaceable architectural details while introducing contemporary comfort and design. Alternatively, explore its potential for conversion or redevelopment as a duplex or triplex - an exciting prospect for renovators, builders and investors seeking scale in a coveted Toronto neighbourhood. An extraordinary canvas with the size, character and versatility to become something truly special. Property is being sold as an estate sale and in its current condition. Buyers to conduct their own due diligence regarding zoning, permits, redevelopment and intended use.

Property details

Overview

Property Type
Detached
Style
3-Storey
For
For Sale
Status
New
Approximate Age
100+
Size
3,000 sqft

Interior

Bedrooms
6 + 2
Bathrooms
3
Kitchens
2
Basement
Unfinished

Building & Systems

Heating
Radiant (Gas)
Cooling
None
Exterior
Brick
Foundation
Brick, Concrete
Roof
Metal
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
33.33 x 100.89 Feet
Parking
None garage

Financial

Property Taxes
$10,474 (2026)

Location

Neighbourhood
South Riverdale
Cross Street
De Grassi St and Gerard East St
Direction Faces
West

Listing

MLS® Number
E13825302
Days on Market
25
Listed On
2026-09-23
Possession
Property is currently vacant, so possession possible anytime.
Listed By
URBAN REFORM REALTY INC.

Rooms

Room Level Dimensions
Sunroom Second 5′ 11″ × 14′ 8″
Bedroom Third 9′ 7″ × 14′ 10″
Dining Room Ground 23′ 4″ × 10′ 10″
Bathroom Third 7′ 9″ × 5′ 5″
Bedroom Second 14′ 11″ × 10′ 9″
Bedroom 2 Second 10′ 10″ × 11′ 0″
Foyer Ground 14′ 9″ × 8′ 8″
Bedroom 3 Second 10′ 2″ × 10′ 10″
Bedroom 4 Third 12′ 10″ × 11′ 11″
Living Room Ground 15′ 0″ × 13′ 0″
Kitchen Ground 18′ 10″ × 10′ 10″
Kitchen Third 12′ 11″ × 16′ 8″
Family Room Second 23′ 4″ × 10′ 11″
Bedroom 5 Third 12′ 4″ × 11′ 10″
Bathroom Second 6′ 0″ × 6′ 11″
Pantry Ground 9′ 3″ × 8′ 1″

Features

Interior

  • Water Heater Owned
  • Water Meter

Pool

  • None

Mortgage calculator

Minimum for this price: $390,000 (20%)

Amortization, years

Estimated mortgage payment

$8,634 per month

Principal and interest
$8,634
Property tax
$873
Estimated monthly cost
$9,507

Your mortgage

Mortgage amount
$1,560,000
Mortgage insurance
Not needed
Interest over 25 years
$1,030,253

Cash to close

Down payment
$390,000
Land transfer tax (Ontario + Toronto)
$70,950
Total, before legal fees
$460,950
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

197 De Grassi Street, Toronto, ON M4M 2K8 South Riverdale, Toronto, ON M4M 2K8
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,950,000 197 De Grassi Street, Toronto, ON M4M 2K8
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