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Listed 21 days ago

246 Riverside Drive

High Park-Swansea, Toronto

$6,398,000

Detached|2-Storey
6 | 6 | 14
About this home

European elegance & quality collide at one of the most prestigious addresses in Toronto, Behind the gated circular drive, 246 Riverside Dr. delivers over 9,000 sq.ft. of function & sophistication, ideal for large families, blended families, or multi generational living, there is an abundance of space for everyone to live, work, entertain, relax, as well as health & wellness, all set in the most majestic setting, the 100' x 327 lot with south west views majestically perched above the Humber River, ultra rare 250 sq.ft. Boat House & dock, a nature lovers paradise, for anyone who enjoys, rowing, kayak or paddling, hard to imagine you have all of this, with the downtown core just 15 min away, as well as all the wonderful shops & restaurants of Bloor West Village, & the Subway is just a 10 min walk away, possibly the best lifestyle & location in the entire city. The expansive main floor offers an abundance of living space, whether it be for day to day living, or entertaining on a grand scale, there is enough space for even the most ambitious of needs. Formal living & dining rooms beautifully adorned with tall skirt rails & crown mouldings, magnificent great room overlooking the rear gardens & ravine, a full laundry room & ample storage complete this incredible space. The lower level is a world of its own, with multiple walkouts to the rear gardens, it doesn't feel like a basement. Grand recreation area, world class wine cellar, & your own wellness centre with home Gym, Sauna & Steam Room, all overlooking the rear gardens. A full laundry room & ample storage complete this incredible space. 246 Riverside Dr. is the most comprehensive property currently on the market, delivering on all the key factors, prestigious address, frontage, privacy, scale & luxury.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size5000 + sq. ft.
Property Tax$38,398
Lot Size100 ft x 327.77 ft
mls© NumberW13569642
Listed ByHAZELTON REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$32,748
Property tax
$3,200
Heat allowance
$150
Housing costs
$36,098 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $1,279,600
25-yr amortization

Income needed

$1,111,000

gross annual household income

Payment at 4%
$26,924 / mo
Cash down
$1,279,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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