246 Riverside Drive, Toronto, ON M6S 4A9

Property Description

European elegance & quality come together at one of the most coveted addresses in Toronto. Behind the gated circular drive, 246 Riverside Dr. delivers over 9,000 sq.ft. of function & sophistication, ideal for large families, blended families, or multi generational living, there is an abundance of space for everyone.This hidden gem of a street is right out of a story book, the 100' x 327 lot is majestically perched above the Humber River, one feels as though they are wrapped in nature, plus the ultra rare boat house & dock, a nature lovers paradise, for anyone who enjoys, rowing, kayak or paddling, hard to imagine you are so in touch with nature, yet just 15 min to the downtown core. Enjoy all of the wonderful shops & restaurants of Bloor West Village, and the subway is just a 10 min walk away, possibly the best lifestyle & location in the entire city. The expansive main floor offers an abundance of living space, whether it be for day to day living, or entertaining on a grand scale, there is enough space for even the most ambitious of needs. Formal living & dining rooms beautifully adorned with tall skirt rails & crown mouldings, magnificent great room overlooking the rear gardens & ravine. The lower level is a world of its own, with multiple walkouts to the rear gardens, it doesn't feel like a basement. Grand recreation area, world class wine cellar, & your own wellness centre with home gym, sauna & steam room, all overlooking the rear gardens. Offering best in class parking with integrated 2 car garage with height for lifts, & parking for upwards of 8-10 cars on the circular drive. 246 Riverside Dr. is the most comprehensive property currently on the market, delivering on all the key factors, prestigious address, frontage, privacy, scale & luxury. If you assume an ultra conservative land value of 3.5 million, that puts the house itself at an insanely low $275 per sq.ft., creating both upfront value, & tremendous upside investment opportunity.