687 Queen Street, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick and stone construction, this residence presents an exceptional opportunity offered at $2,995,000 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.
- 2 Bedrooms and 3 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 19.66 x 138 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Bar Fridge, Built-In Oven
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Exceptional Live/Work Opportunity in the Heart of Riverside. Formerly home to an RBC Bank, this landmark building blends historic character with modern luxury. Extensively renovated to a premium standard, the property offers exceptional ground-floor exposure ideal for retail or professional use or alternatively residential throughout, with a stunning second floor apartment, all showcasing beautifully restored architectural features throughout, including partial double-height ceilings. The building includes a kitchen equipped to host events, two outdoor patios, secure heated parking for two vehicles, and the benefit of reinforced construction and robust windows reflective of its banking heritage. A rare opportunity to own a piece of Riverside history, perfectly suited for residential use or boutique live/work occupancy. All floor size measurements are approximate and should be verified by Buyer.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Electric Car Charger, Public Transit, School
Interior Features
Auto Garage Door Remote, Bar Fridge, Built-In Oven, Carpet Free, Central Vacuum, Countertop Range, Floor Drain, Guest Accommodations, Steam Room, Storage, Sump Pump, Upgraded Insulation, Water Heater, Water Meter, Water Softener
Security Features
Alarm System, Monitored, Carbon Monoxide Detectors, Smoke Detector, Security System
Community Features
Location
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 687 Queen Street E, Toronto E01, ON M4M 1G6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,995,000 in Toronto, the legal minimum down payment is $599,000 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 $61,350 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $61,350 also applies, bringing the total estimated land transfer taxes to $122,700.
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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.
