39 River Street, Toronto C08

$2,150,000
39 River Street

$2,150,000

New
22d
Detached2-Storey

39 River Street, Toronto C08

Total Monthly Obligation $9,823

HausQ Valuation Report
Beds
4
Baths
2
Park
0
Sqft
3500-5000
DOM
22d
Score
14
Yield
2.4%
Cash on Cash
-13.0%
Cap Rate
1.8%
5Y IRR
5.5%
10Y IRR
6.8%
Property Type-Detached
MLS® Number-C13852832
Beds-4
Bathrooms-2
Size-3500-5000 sqft
Lot Size-22 × 116 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Taxes-$9,307.48 (2026)
Parking-None
Basement-Finished, Other
Heating-Forced Air (Gas)
Brokerage-JDL REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Brick, Aluminum Siding
Roof-Asphalt Rolled
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Regent Park
Title-Residential Freehold

No agent assigned

Exceptional Development Opportunity in Downtown Toronto! Attention Builders, Developers & Investors - 39 River Street offers a rare opportunity to acquire a prime development site in a rapidly evolving downtown neighbourhood. Situated on an approximately 22' x 116' lot, this property offers outstanding redevelopment potential in a highly desirable location surrounded by significant residential growth and urban revitalization. Previous plans contemplated a purpose-built multi-residential development with 10 units and approximately 7,300 sq. ft. of leasable/sellable area. Conveniently located close to Regent Park, Corktown, the Distillery District, Riverside, downtown amenities, public transit, parks, schools and major routes. An outstanding opportunity for developers and investors looking to capitalize on continued growth in Toronto's downtown east.

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Closing Costs

Mortgage Amount
$1,720,000
Land Transfer Taxes$40,225
Legal Fees (Est.)
$
Total cash required for closing$471,725

Total Monthly Obligation

$9,823/mo
Mortgage $8,673
Monthly Loss $7,541
Principal$2,282
Interest$6,390
Property Tax$776
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
1.5%10
Cash-on-Cash
-15.6%0
5-Year IRR
3.4%7
10-Year IRR
5.5%
Returns Index
4.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
14/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$51,000/yr
NOI
$32,093/yr
Net Cash Flow
-$5,998/mo
Cash Margin
-141.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.312
LTV Ratio
80.0%18
Vacancy Buffer
1.0 mo17
Risk Index
12.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 39 River Street

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.