For Sale MLS® E13664920

197 De Grassi Street

South Riverdale · Toronto E01 · ON · M4M 2K8

On market 39 days

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8 Beds
3 Baths
3,000–3,500 Sqft
Detached Type
100+ Age

About this property

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.

Key facts

Type Detached · 3-Storey
Size 3,000–3,500 sqft
Lot 33.3 ft frontage
Age 100+
Taxes $10,474/yr
Basement Unfinished
Neighbourhood South Riverdale
Property details
Property type Detached
Style 3-Storey
Age 100+
Rooms & baths
Bedrooms above / below 6 · 2
Building & utilities
Basement Unfinished
Lot
Width / Depth 33.3 ft
Financial
Taxes $10,474/yr

Mortgage calculator

$10,741/moMonthly payment
$1,839,200Mortgage amount
$1,383,120Total interest
$3,682,120Total cost

Location

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Market Overview

Toronto E01

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MLS® E13664920 Brokerage URBAN REFORM REALTY INC. Listed Aug 12, 2026 Updated Aug 13, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

Last updated: September 20, 2026.

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