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$2,299,000
Status: For Sale
A rare opportunity to reimagine one of the area's most substantial period homes. 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.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :E13664920 |
| Listing Type | :Sale |
| Property Age | :100+ Years |
| Possession Date | : |
| Last Updated | :11 Aug, 2026 (8 Hours ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M4M 2K8
|
| Price | : $2,299,000 |
|---|---|
| Property Taxes | :$10474.0 |
| Tax Year | :2026 |
|---|
| Bedrooms | :6 + 2 |
|---|---|
| No. of Rooms | :12 |
| Heating | :Radiant |
| Cross Street | :De Grassi St and Gerard East St |
| Bathrooms | :3 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :3000-3500 sqft |
| Fireplace/Stove | :No |
| Kitchen | :3.94 m x 5.08 m |
|---|---|
| Pantry | :2.82 m x 2.47 m |
| Bathroom | :1.83 m x 2.1 m |
| Sunroom | :1.8 m x 4.47 m |
| Bedroom 5 | :3.76 m x 3.61 m |
| Family Room | :7.11 m x 3.33 m |
| Bedroom | :4.55 m x 3.28 m |
|---|---|
| Bathroom | :2.36 m x 1.65 m |
| Bedroom 3 | :3.11 m x 3.3 m |
| Foyer | :4.5 m x 2.64 m |
| Living Room | :4.58 m x 3.97 m |
| Bedroom 2 | :3.3 m x 3.36 m |
| Exterior Finish | :Brick |
|---|---|
| Parking Space | :0 |
| Basement | :Unfinished |
| Laundry Level | :Lower Level |
|---|
11 Aug, 2026
TREB #E13664920
Listed
$2299000.0
