34 River Street, Toronto, ON M5A 3N9, Toronto C08, ON
Bed 6
Bath 5
Exceptional investment and income-generating opportunity in the heart of Corktown. Ideally situated with just a five-minute walk to both Queen Street East and King Street East. This property offers outstanding access to public transit, downtown Toronto, and a vibrant mix of restaurants, shops, and amenities. Meticulously maintained over the years by the live-in owner, this legal duplex showcases pride of ownership throughout. The home features two spacious 1.5-storey units, each offering a 1+1 bedroom layout. The main floor unit boasts generous principal rooms with high ceilings, large windows, and an abundance of natural light. The second/third-floor unit mirrors this thoughtful layout and design, and is currently tenanted, providing immediate rental income. Originally built in 1890, this charming Victorian residence blends timeless character with tasteful updates and modern renovations. The open-concept living spaces, impressive ceiling heights, and expansive windows create bright and inviting interiors that appeal to both tenants and end users alike. The lower level includes a fully finished two-bedroom apartment or in-law suite with a separate entrance, further enhancing income potential and flexibility. Estimated gross annual income ranges between $100,000 and $110,000, making this a compelling addition to any investment portfolio. Property features three designated parking spaces - a rare and valuable asset in this central location. Exterior features include a large ground-level deck for the main unit, and a spacious rooftop deck exclusively for the upper unit, both offering exceptional outdoor living space. This is a rare opportunity to acquire a well-maintained, income-producing property in one of Toronto's most desirable and historically rich neighbourhoods.
Property Highlights
For Sale
MLS NO.
C12791164
Type
Residential Freehold
Sub Type
Duplex
Bedrooms
6
Bathrooms
5
Parking
3.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Duplex
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
C12791164
Living Area Range
2000-2500
Total Bedrooms
6
Bedrooms Above Grade
4
Bedrooms Below Grade
2
Total Bathrooms
5
Total Kitchens
3
Kitchens Above Grade
2
Kitchens Below Grade
1
Rooms Above Grade
11
Rooms Below Grade
5
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle, Flat
Lot Width
22.58
Lot Size
3712.15
Lot Size Units
SquareFeet
Parking Features
Private Triple
Parking Total
3.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
West
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
34 River Street, Toronto, ON M5A 3N9
City
Toronto C08
Neighbourhood
Regent Park
County / Region
Toronto
Province / State
ON
Postal Code
M5A 3N9
Cross Street
Queen Street East/River Street
Directions
North of Queen Street East on River Street.
Country
CA
List Price
$2,499,900
Annual Taxes
$8,227
Tax Year
2025
Legal Description
LT 3 PL 252E TORONTO T/W CT968437 (FIRSTLY DESCRIBED); CITY OF TORONTO
Possession Type
Other
Possession Details
TBD
Listing Office
RE/MAX HALLMARK REALTY LTD.
Board
Toronto Regional Real Estate Board
Original Entry
2026-02-16T13:47:48Z
Media Updated
2026-02-16T13:47:48Z
Photos Updated
2026-02-16T13:47:48Z
Last Modified
2026-04-20T17:43:14Z
System Modified
2026-04-20T17:43:24.22287Z
MLS Status
Price Change
Architectural Style
2 1/2 Storey
Basement
Apartment, Separate Entrance
Ddfyn
Yes
Expiration Date
2026-09-16
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
In Addition To
Occupant Type
Owner+Tenant
Originating System Id
A00001796
Parcel Number
210800288
Parking Spaces
3
Public Remarks
Exceptional investment and income-generating opportunity in the heart of Corktown. Ideally situated with just a five-minute walk to both Queen Street East and King Street East. This property offers outstanding access to public transit, downtown Toronto, and a vibrant mix of restaurants, shops, and amenities. Meticulously maintained over the years by the live-in owner, this legal duplex showcases pride of ownership throughout. The home features two spacious 1.5-storey units, each offering a 1+1 bedroom layout. The main floor unit boasts generous principal rooms with high ceilings, large windows, and an abundance of natural light. The second/third-floor unit mirrors this thoughtful layout and design, and is currently tenanted, providing immediate rental income. Originally built in 1890, this charming Victorian residence blends timeless character with tasteful updates and modern renovations. The open-concept living spaces, impressive ceiling heights, and expansive windows create bright and inviting interiors that appeal to both tenants and end users alike. The lower level includes a fully finished two-bedroom apartment or in-law suite with a separate entrance, further enhancing income potential and flexibility. Estimated gross annual income ranges between $100,000 and $110,000, making this a compelling addition to any investment portfolio. Property features three designated parking spaces - a rare and valuable asset in this central location. Exterior features include a large ground-level deck for the main unit, and a spacious rooftop deck exclusively for the upper unit, both offering exceptional outdoor living space. This is a rare opportunity to acquire a well-maintained, income-producing property in one of Toronto's most desirable and historically rich neighbourhoods.
