511 Riverside Drive, Toronto, ON

$2,679,000
MLS#:W12440233
5 beds
4 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of Lambton Baby Point. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $2,679,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 44 x 113 ft lot
  • Features a finished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: In-Law Capability, In-Law Suite, Guest Accommodations
  • equipped with wall unit(s) central cooling and highly efficient water heating via gas

Description

Designed with families in mind, this elegant residence blends period charm with modern design. Generous room sizes, thoughtful flow, and beautiful finishes make it as stylish as it is practical for busy family life. At the heart of the home, the chefs kitchen is anchored by a massive marble island (perfect for cooking, homework, or family gatherings), complete with heated wide-plank white oak floors, a 6-burner AGA stove, dual KitchenAid dishwashers, sleek cabinetry, and brass accents. Sliding doors open seamlessly to a cedar deck and private backyard, while the screened Muskoka room extends the seasons for outdoor living. The formal living room, with leaded-glass windows and an oversized Valor gas fireplace, offers a warm space for family downtime or entertaining. Upstairs, three generous bedrooms and a charming family bath with clawfoot tub provide plenty of room for children. The third-floor primary retreat is a serene escape, featuring cathedral ceilings, a cozy lounge area, walk-in closet, and a 5 piece ensuite with custom double vanity, quartz counters, and champagne-brass fixtures, all framed by tranquil treetop views.The bright, professionally waterproofed lower level functions beautifully as an in-law or nanny suite with private side entrance, kitchenette/laundry, a large bedroom, and a spacious rec room, ideal for kids' play or teen hangouts. Outdoors, enjoy landscaped front gardens with hydrangea and a maple tree, a lush fenced backyard with privacy hedging, and parking for three on the private drive.A rare opportunity to own a home that radiates warmth, character, and style- plus all the practicalities of family living- in a coveted neighbourhood setting, just steps from top schools, the Baby point club, Bloor's shops and restaurants, the Humber River parks and bike path, and the TTC.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 20, 2025
Sold price information is available to members only
Listed Date10/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2 1/2 Storey
ConstructionStucco (Plaster)
BasementFinished, Separate Entrance
Lot Size44 × 113 Feet
CountyToronto
Annual Tax$10,114
Legal DescriptionPT LT 19-20 PL 2497 TWP OF YORK AS IN CA604635; TORONTO (YORK) , CITY OF TORONTO

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeWater
CoolingWall Unit(s)

Features

Property Features

Fenced Yard, Park, Public Transit, River/Stream, Greenbelt/Conservation

Interior Features

In-Law Capability, In-Law Suite, Guest Accommodations, Sump Pump, Water Heater Owned

Security Features

Community Features

Location

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511 Riverside Drive, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 511 Riverside Drive, Toronto W02, ON M6S 4B7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$535,800 (20.0%)
* Minimum Canadian down payment required for this price is $535,800.
Amortization Period25 Years
Estimated Monthly Payment$12,772Based on a loan of $2,143,200 over 25 years.
Purchase Price$2,679,000
Loan Amount$2,143,200
Provincial Land Transfer Tax:$53,450
Toronto Municipal Land Transfer Tax:$53,450
Total Estimated Closing Taxes:$106,900

About Purchasing a Home in Toronto, ON

For a property listed at $2,679,000 in Toronto, the legal minimum down payment is $535,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $53,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $53,450 also applies, bringing the total estimated land transfer taxes to $106,900.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Lambton Baby Point, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,956,735

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

James Culnan
Public605 Willard Avenue, York, Toronto, Ontario, M6S 3S1
6.3
Runnymede
Public569 Jane Street, York, Toronto, Ontario, M6S 4A3
7.7
St Pius X
Public71 Jane Street, Toronto, Ontario, M6S 3Y3
8.3
St James
Public230 Humbercrest Boulevard, York, Toronto, Ontario, M6S 4L3
7.9
St Cecilia
Public355 Annette Street, Toronto, Ontario, M6P 1R3
8.1

Secondary Schools

Runnymede
Public569 Jane Street, York, Toronto, Ontario, M6S 4A3
4.0
Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8
Ursula Franklin
Public146 Glendonwynne Road, Toronto, Ontario, M6P 3J7
9.7
Humberside
Public280 Quebec Avenue, Toronto, Ontario, M6P 2V3
9.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.