246 Riverside Drive, Toronto, ON
High Park-Swansea, Toronto · MLS® W13767334
About this home
In short
- 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....
- 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...
- Formal living & dining rooms beautifully adorned with tall skirt rails & crown mouldings, magnificent great room overlooking the rear gardens & ravine, a full laundry...
- 246 Riverside Dr. is the most comprehensive property currently on the market, delivering on all the key factors, prestigious address, frontage, privacy, scale & luxury.
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.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13767334
- Bedrooms
- 6
- Bathrooms
- 6 (1 half)
- Size
- 5,000 sq ft
- Lot
- 100 × 327.77 ft
- Cross streets
- Bloor St W & Riverside Dr
- Parking
- 2 garage · 14 parking (built-in)
- Driveway
- Circular Drive
- Basement
- Finished with Walk-Out, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $38,398 / 2025
- Days on market
- 39
- Listing brokerage
- HAZELTON REAL ESTATE INC.
Rooms
centre island · b/i appliances · tile floor
crown moulding · picture window · fireplace
7 pc ensuite · his and hers closets · electric fireplace
3 pc ensuite · closet · hardwood floor
sauna · built-in speakers · separate shower
wainscoting · built-in speakers · hardwood floor
combined w/great rm · w/o to balcony · hardwood floor
picture window · b/i closet · hardwood floor
3 pc ensuite · closet · hardwood floor
semi ensuite · b/i closet · hardwood floor
wainscoting · pot lights · fireplace
picture window · closet · hardwood floor
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.
Per square foot, these ask about $1,451/sqft; this home lists at $1,200/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
High Park-Swansea, Toronto, ON
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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 $4,798,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $26,531
- Property tax
- $3,200
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $29,731
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $136,425
- Toronto municipal land transfer tax
- $196,365
- Estimated closing costs
- $332,790
Plus your down payment of $1,199,600. 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
- $1,591,871
- Principal paid down
- $586,276
- Interest paid
- $1,005,595
- Balance remaining
- $4,212,124
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HAZELTON REAL ESTATE INC.. MLS®/PropTx.