$1,689,000Asking Price
40 River Street, Toronto C08, ON M5A 3N9
Corktown, Toronto
Welcome to this sun filled, brick and stone home built in 1890, offering generous living space throughout. The home has been freshly painted, and some original features are still intact. It is being offered for sale for the first time since 1983. The main floor features 9 feet 10 inch high ceilings. The principal rooms are very spacious and feature crown moulding in the living and dining rooms, a fireplace in the living room, and hardwood flooring throughout most of the home. The second floor features 8 feet 10 inch high ceilings, and the third floor features 8 foot high ceilings. A service staircase provides additional access from the main floor kitchen to the second floor. The home is currently set up as two self contained apartments, but it can easily be converted into a single family dwelling with relatively minor changes. It can also be used as is, with a new owner occupying the spacious second and third floor apartment and renting out the main and basement apartment to assist with carrying costs, subject to any required municipal approvals. Parking for two cars is located at the rear of the property, and the home is conveniently located steps to public transportation and close to the Don Valley Parkway and the Gardiner Expressway. It is also near Riverdale Park, the Don Valley trails, the Distillery District, schools, shops, and everyday amenities. This is a well built home with long term potential. It is a property any new owner would be proud to call their own for years to come.
Welcome to this sun filled, brick and stone home built in 1890, offering generous living space throughout. The home has been freshly painted, and some original features are still intact. It is being offered for sale for the first time since 1983. The main floor features 9 feet 10 inch high ceilings. The principal rooms are very spacious and feature crown moulding in the living and dining rooms, a fireplace in the living room, and hardwood flooring throughout most of the home. The second floor features 8 feet 10 inch high ceilings, and the third floor features 8 foot high ceilings. A service staircase provides additional access from the main floor kitchen to the second floor. The home is currently set up as two self contained apartments, but it can easily be converted into a single family dwelling with relatively minor changes. It can also be used as is, with a new owner occupying the spacious second and third floor apartment and renting out the main and basement apartment to assist with carrying costs, subject to any required municipal approvals. Parking for two cars is located at the rear of the property, and the home is conveniently located steps to public transportation and close to the Don Valley Parkway and the Gardiner Expressway. It is also near Riverdale Park, the Don Valley trails, the Distillery District, schools, shops, and everyday amenities. This is a well built home with long term potential. It is a property any new owner would be proud to call their own for years to come.
See MoreKey Info
- 2.5-Storey Semi-Detached
- 2-Car Driveway
- No Garage
- River Street and Queen Street East
- 2500-3000 Approximate Sq Feet
- 100+ Years Approximate Age
- Full Basement
- 2 Kitchens
- Water Gas Heating
- No A/C
Property
- Lot Size 20.17 x 163.6 Feet
- Brick/Stone Exterior
- Taxes were $8,242 in 2025
- Possession: Immediate/TBA
Details
- Fireplace
- No Family Room
- Designation: Heritage
- Sewers
- Municipal Water
- MLS #C12865050
- RE/MAX WEST REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Kitchen | Main | 15.91' x 13.02' | Hardwood Floor, Walkout To Yard |
 | 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
How Far is Too Far?
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Who lives here?
Corktown, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 44.
Families
Kids Per Family
0.6
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
59%
of residents are
single and loving it.
59% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
59%
of residents
are renters.
59% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
57%
of residents are
university grads.
57% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$135K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Business | 14% |
| Sales | 14% |
| Management | 12% |
| Government | 10% |
| Culture | 10% |
Immigrants
30%
of residents were
born outside of Canada.
30% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.9% from Caribbean
All-time
Birthplace - Recent
1.1% from Pakistan
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| Cantonese | 3% |
| Spanish | 2% |
| Tagalog | 1% |
| Mandarin | 1% |
Religions
Religions
| Christian | 44% |
| Jewish | 3% |
| Muslim | 3% |
| Hindu | 1% |
| Buddhist | 1% |
Social Housing
Social Housing Buildings
6
Social housing buildings
in the neighbourhood.
Shelters
Shelters
3
Homeless shelters in
the neighbourhood.
