223 Riverside Drive, Toronto, ON
High Park-Swansea, Toronto · MLS® W13628856
About this home
In short
- Exceptional Riverside Drive Residence.
- Rarely available 75' by 226' Ravine Lot.
- Four generous bedrooms on the second - primary with a 3 piece ensuite overlooking the ravine.
- Wonderful potential to develop the loft attic.
- (Make sure to walk up the stairs and view) Above grade walk out basement to stone patio from the home office/bedroom.
Exceptional Riverside Drive Residence. Rarely available 75' by 226' Ravine Lot. Solid Family Home with space to grow into. Gracious Living room centered around a stately open gas fireplace. Dining room with views to the wooded backyard. Mid Century modern eat-in Kitchen with access to the elevated oversized deck - perfect for morning coffee or twilight wine. Convenient powder room and covered access to the double car garage complete the main floor. Four generous bedrooms on the second - primary with a 3 piece ensuite overlooking the ravine. Wonderful potential to develop the loft attic. (Make sure to walk up the stairs and view) Above grade walk out basement to stone patio from the home office/bedroom. Full size recreation/games room - billiards anyone? Separate laundry room plus ample storage in the utility room. Steps to "Lucy Maud Montgomery" Parkette. All the above on a coveted street in Swansea with easy walking access to the Subway, Bloor West Village Shops & Restaurants, The Old Mill and Humber River Trails. 12 minutes to the financial district and minutes to the Martin Goodman Trail Boardwalk siding onto Lake Ontario. Fantastic School Districts. Move in, live and personalize at your leisure.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13628856
- Bedrooms
- 4
- Bathrooms
- 4 (1 half)
- Size
- 2500-3000 sq ft
- Lot
- 75.08 × 226 ft
- Cross streets
- Bloor/Riverside
- Parking
- 2 garage · 5 parking (attached)
- Driveway
- Private Double
- Basement
- Finished with Walk-Out
- Heating
- Water
- A/C
- Wall Unit(s)
- Exterior
- Aluminum Siding, Brick
- Foundation
- Block, Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $18,546 / 2026
- Days on market
- 80
- Listing brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Rooms
slate flooring · hardwood floor · closet
hardwood floor · gas fireplace · crown moulding
w/o to patio · double closet · b/i shelves
his and hers closets · overlooks ravine · 3 pc ensuite
wood · east view · overlooks ravine
wainscoting · hardwood floor · overlooks ravine
Closet
overlooks frontyard · hardwood floor
hardwood floor · his and hers closets · overlooks frontyard
closed fireplace · above grade window · broadloom
broadloom · french doors
stainless steel appl · 2 pc ensuite · w/o to deck
B/I Shelves
broadloom · overlooks backyard
This is a rare parcel: about 0.39 acres. Comparable-sales math works on size and bedrooms, and here the lot is what is being sold, so no automatic estimate is shown.
Considering this property? Request a written price readOn schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,253/sqft; this home lists at $1,089/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for detached homes in High Park-Swansea: $2.01M in September 2026, down 12% from a year ago, on 81 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $2.05M | 6 |
| November 2025 | $2.25M | 7 |
| January 2026 | $1.60M | 5 |
| February 2026 | $1.95M | 8 |
| March 2026 | $2.10M | 11 |
| April 2026 | $1.45M | 12 |
| May 2026 | $2.06M | 13 |
| June 2026 | $1.62M | 11 |
| September 2026 | $2.01M | 8 |
Neighbourhood & location
High Park-Swansea, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $2,396,000 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $13,248
- Property tax
- $1,546
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $14,793
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $61,350
- Toronto municipal land transfer tax
- $61,350
- Estimated closing costs
- $122,700
Plus your down payment of $599,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $794,874
- Principal paid down
- $292,747
- Interest paid
- $502,127
- Balance remaining
- $2,103,253
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in High Park-Swansea (18 of 140 recent detached leases were basement units, around $1,825 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,825 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 17 whole-home leases in High Park-Swansea signed at a median of $5,834 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $6,921. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE TERREQUITY REALTY. MLS®/PropTx.