FOR SALE
$1,850,000
218 River St, Downtown Toronto
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3 + 1
BEDROOMS
3
BATHROOMS
1
KITCHENS
6 + 2
ROOMS
C9353914
MLSID
Contact Us
Property Description
Discover unparalleled elegance in this meticulously upgraded and flawlessly crafted townhome. Perfectly suited for an executive couple or creative professional, this pristine open-concept residence at over 2400 total square feet is bathed in natural light, featuring pale wood finishes and refined enhancements. The chef's kitchen embraces stunning Italian cabinetry, numerous high-end Miele and Sub-Zero appliances, and a floor-to-ceiling wine wall, all ideal for sophisticated culinary endeavours and chic entertaining. The space is thoughtfully crafted for a live/work lifestyle, with the versatile lower level boasting 8-foot ceilings, LED pot lights, and smart home wiring, making it an excellent choice for a home office or recreation area. The upstairs primary bedroom features custom closet cabinetry and a sleek 3-piece ensuite, while the second large bedroom, also with custom built-ins, offers easy access to a full bath. Currently used as an artist's studio, the wide-open third-floor loft is ready for your personal touch with rough-ins for a 4-piece bath, heat pumps and air conditioning and opens to a west-facing balcony through a NanaWall system. The oversized garage, preliminarily approved for a laneway house, is equipped with smart home cabling, Solafan venting, and Solatube skylights. Nestled at the edge of Cabbagetown in a designated heritage area, this exceptional home is just steps from Riverdale Park and Riverdale Farm and serves as a gateway to Toronto's vibrant east side, including Leslieville, Riverside, and The Canary District. Enjoy neighbouring proximity to St. Lawrence Market, The Distillery District, and the glorious bike paths of the Don Valley. Head up Rosedale Valley Road, and you'll be at Yonge and Bloor, Rosedale and Summerhill within minutes. With perfect Walking, Transit, and Bike scores, this home offers unrivalled convenience, functionality, comfort and style.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-08-20 2024-09-14 25 $1,850,000 - Terminated
2024-06-26 2024-08-12 47 $1,995,000 - Terminated
Extras
See Attached For Full List Of Upgrades and Improvements
Property Features
Park, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
14' x 96'
Fronting
West
Taxes
$6,717 (2024)
Basement
Finished, Walk-Up
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
Lane
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
LivingMain18.80' x 13.88'Hardwood Floor, B/I Bookcase, Open Concept
DiningMain13.85' x 13.88'Hardwood Floor, Custom Counter, Pot Lights
KitchenMain14.70' x 13.88'Breakfast Bar, Stainless Steel Appl, W/O To Patio
Prim Bdrm2nd12.57' x 13.88'Fireplace, 3 Pc Ensuite, B/I Closet
Br2nd18.37' x 13.88'Fireplace, B/I Closet, B/I Bookcase
Loft3rd42.68' x 13.88'W/O To Balcony, Pot Lights, Wood Floor
OfficeLower23.10' x 12.83'Ceramic Floor, Pot Lights, 3 Pc Bath
BrLower11.68' x 12.83'Murphy Bed, B/I Bookcase, Pot Lights
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
218 River St is a 3-bedroom 3-bathroom townhome listed for sale at $1,850,000, which is $809,230 (77.8%) higher than the average sold price of $1,040,770 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom townhome in Downtown Toronto increased by $9,375 (0.9%) compared to the previous 30 day period (September 21 - October 20) and up $12,100 (1.2%) from the same time one year ago.
Inventory Change
There were 262 3-bedroom townhomes listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 13.8% compared with the previous 30 day period (September 21 - October 20) and up 9.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom townhomes in Downtown Toronto typically sold $12,851 (1.2%) above asking price over the last 30 days (October 21 - November 19), which represents a $19,030 decrease compared to the previous 30 day period (September 21 - October 20) and ($7,400) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom townhomes in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 48.5%, up from 38.2% over the previous 30 days (September 21 - October 20) and up from 36.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom townhome in Downtown Toronto stood at 22 days when successfully sold over the last 30 days (October 21 - November 19), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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