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.
About this home
Photos of 39 River Street
Facts and features of 39 River Street
| Type | Detached |
|---|---|
| Style | 2-Storey |
| Bedrooms | 3 + 1 |
| Bathrooms | 2 |
| Size | 3500-5000 sq ft |
| Lot | 22 x 116 Feet |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Basement | Finished, Other |
| Exterior | Brick, Aluminum Siding |
| Taxes | $9,307 (2026) |
| Days on market | 27 |
| Listing brokerage | JDL REALTY INC. |
Around this home
What’s near 39 River Street
From 39 River Street, the nearest station is Castle Frank station (Line 2 Bloor-Danforth), about 1.9 km away; the nearest grocery store is Rabba, about 300 m away; the nearest TDSB elementary school is Nelson Mandela Park Public School, about 300 m away; and the nearest park is Louis March Park, about 150 m away.
Transit
- Castle Frank station Line 2 Bloor-Danforth about 1.9 km
- Queen station Line 1 Yonge-University about 1.9 km
- TMU station Line 1 Yonge-University about 2.0 km
Groceries and pharmacies
- Health Shield Pharmacy Pharmacy about 250 m
- Rabba Grocery about 300 m
- River Medical Center Pharmacy about 300 m
- Riverside Market Grocery about 600 m
- Marché Leo’s Grocery about 650 m
Parks
- Louis March Park Park about 150 m
- Regent Park Athletic Grounds Park about 200 m
- Joel Weeks Park Park about 350 m
Schools
- Nelson Mandela Park Public School TDSB elementary · JK-8 EQAO 2024-25: Gr 6 reading 76% · Gr 6 math 17% about 300 m
- Dundas Junior Public School TDSB elementary · JK-5 EQAO 2024-25: Gr 3 reading 66% about 750 m
- Queen Alexandra Middle School TDSB middle school · 6-8 EQAO 2024-25: Gr 6 reading 80% · Gr 6 math 52% about 650 m
- St Paul Catholic School Catholic elementary · JK-8 EQAO 2024-25: Gr 6 reading 87% · Gr 6 math 50% about 500 m
- Inglenook Community School TDSB secondary · 9-12 EQAO 2024-25: Gr 10 literacy 50% about 550 m
- St Martin Catholic School (StMartin) Catholic secondary · 9-12 about 1.2 km
Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.
Community
- Regent Park Community Centre Community centre about 400 m
- Royal Canadian Curling Club Pool or arena about 550 m
- Queen/Saulter Library Library about 750 m
Private schools
- Girls
- Branksome Hall JK to Grade 12 about 2.6 km
- Co-ed
- The Rosedale Day School JK to Grade 8 about 3.1 km
- The Shire School JK to Grade 6 about 3.4 km
Within a 40-minute walk, from our list of private schools in central Toronto (checked October 2026). Fees and admissions on each school’s site. See all private schools
Restaurants
- Kibo Sushi Google reviews about 250 m
- Impact Kitchen Google reviews about 250 m
- il ponte Google reviews about 300 m
- Liberty Pizza Google reviews about 350 m
- White Lily Dinner Google reviews about 450 m
Places: OpenStreetMap contributors, October 2026. Straight-line distances. Schools: EQAO 2024-25, Ontario Ministry of Education.
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39 River Street
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39 River Street
Listing information is deemed reliable but is not guaranteed accurate by PropTx or the Toronto Regional Real Estate Board. Data source: PropTx. Listings are refreshed from the MLS® at least daily.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
Royal LePage Terrequity Seymour Real Estate, Brokerage. Independently owned and operated.
MLS® C13852832 Data source: PropTx Listed October 1, 2026
