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Listed by Urban Reform Realty Inc..
197 De Grassi Street is a Detached, 3-Storey and is currently for Sale @ $2,299,000. Taxes in 2026 were $10,474.00.
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A rare opportunity to reimagine one of the area's most substantial period homes. The 3-Storey on 197 De Grassi Street has 6 bedrooms, 3 bathrooms, and is located on a 100.89 x 33.33 ft lot in the community of South Riverdale . Built in the early 1900s, 197 De Grassi Street is a grand three-storey residence brimming with original character, including rich wood panelling and millwork, decorative plaster ceilings, stained-glass accents, bay windows, hardwood floors and multiple striking fireplaces. Behind its classic brick façade lies a remarkably spacious interior with generous principal rooms, abundant natural light and exceptional potential throughout. A private, mature garden provides a leafy outdoor retreat in the heart of the city. Restore and renovate this impressive home into a luxurious family estate, preserving its irreplaceable architectural details while introducing contemporary comfort and design. Alternatively, explore its potential for conversion or redevelopment as a duplex or triplex - an exciting prospect for renovators, builders and investors seeking scale in a coveted Toronto neighbourhood. An extraordinary canvas with the size, character and versatility to become something truly special. Property is being sold as an estate sale and in its current condition. Buyers to conduct their own due diligence regarding zoning, permits, redevelopment and intended use.
Combined water heater/boiler, 2 stoves, 1 fridge, window coverings, all electrical light fixtures includ chandeliers, fireplace grates, Nest thermostat.
The address 197 De Grassi Street was listed for sale (MLS# E13664920) on Tuesday, August 11, 2026.
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6+2
6+2
33.33 x 100.89 ft lot
