$2,299,000Asking Price
197 De Grassi Street, Toronto, ON M4M 2K8
Riverside, Toronto
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 façade 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.
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 façade 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.
See MoreKey Info
- 3-Storey Detached
- 0-Car Driveway
- No Garage
- De Grassi St and Gerard East St
- 3000-3500 Approximate Sq Feet
- 100+ Years Approximate Age
- Unfinished Basement
- 2 Kitchens
- Radiant Gas Heating
- No A/C
Property
- Lot Size 33.33 x 100.89 Feet
- Brick Exterior
- No Waterfront Access
- Taxes were $10,474 in 2026
- Possession: Home is vacant. Possession any time
Details
- Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #E13664920
- URBAN REFORM REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Pantry | Ground | 9.25' x 8.10' | |
| 2 | Kitchen | Ground | 18.83' x 10.83' | |
| 3 | Foyer | Ground | 14.76' x 8.66' | Closet, Staircase, Hardwood Floor |
 | 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom on Lower | |||
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Who lives here?
Riverside, Toronto is a central Toronto neighbourhood notable for its singles, university grads, executives and business, education, law & public sector and arts & culture professionals. It has a higher than average population of immigrants from China and Vietnam, and Cantonese speakers. Residents tend to be younger with a significant number of babies and adults aged 30 to 54.
Families
Kids Per Family
0.9
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
51%
of residents are
single and loving it.
51% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
41%
of residents
are renters.
41% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
52%
of residents are
university grads.
52% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$134K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 15% |
| Business | 12% |
| Government | 11% |
| Management | 11% |
| Culture | 9% |
Immigrants
35%
of residents were
born outside of Canada.
35% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
9.4% from China
All-time
Birthplace - Recent
1.3% from China
Recent
Foreign Languages
Foreign Languages
| Cantonese | 10% |
| Mandarin | 4% |
| Vietnamese | 3% |
| French | 3% |
| Chinese | 2% |
Religions
Religions
| Christian | 35% |
| Buddhist | 10% |
| Muslim | 5% |
| Jewish | 3% |
| Hindu | 1% |
Social Housing
Social Housing Buildings
8
Social housing buildings
in the neighbourhood.
Shelters
Shelters
3
Homeless shelters in
the neighbourhood.
