516 Riverside Drive, Toronto, ON

$649,000
MLS#:W8463992
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2 beds
1 baths
800-899 sqft
1.0 parking
Residential Condo & Other
Sold property - 2 Bed, 1 Bath Home at 516 Riverside Drive Toronto ON listed at $649,000 (MLS# W8463992) - Main View
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Sold
This property was sold on July 9, 2024. Listing is for reference only.
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Similar Listings in Lambton Baby Point, Toronto

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Added:Jun 20, 2024(820 days ago)
Updated:Jul 9, 2024(801 days ago)
Last Checked:25 minutes ago

Property Highlights

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Welcome to this remarkable Apartment co-ownership apartment located in the coveted neighborhood of Lambton Baby Point. Expertly crafted featuring premium brick front and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $649,000 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 1 Bathroom
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with wall unit(s) central cooling and highly efficient water heating via gas

Description

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Location, Location, Location: 3-Storey, Architecturally Beautiful "Home Smith" Apartment House! Where the Humber River meets the Old Mill and Riverside: Amazing top floor unit boasts Humber River views in Living/Dining area - large west facing bay window with treetop, river and park views! The kitchen includes S/S appliances and a handy pass-through for entertaining. 2 good sized, south facing bedrooms have new windows & good sized closets. Front has hall walk-in closet and 5 pc bathroom to complete this one-of-a-kind condo alternative! Unit includes 1 Parking Spot & 1 Locker. Close to all amenities & Top Rated Schools. Steps to Bloor West Village, Old Mill & Jane Subway. Etienne Brule & Humber River in your backyard ! This is NOT Co-op - This is a 6 unit Co-ownership.

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Property Summary

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This condo apartment located at 516 Riverside Drive, Toronto is currently for sale and has been available on SousaSells for 820 days. This property is listed at $649,000 with an estimated mortgage of $2,160* per month. It has 2 beds, 1 bathroom, and is 800-899 square feet. 516 Riverside Drive, Toronto is in the Lambton Baby Point neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Lambton Baby Point, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •800-899 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

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Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

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StatusSold
Sold DateJuly 9, 2024
Sold price information is available to members only
AddedJun 20, 2024 (820 days ago)
UpdatedJul 9, 2024 (801 days ago)
Last Checked25 minutes ago
Transaction TypeFor Sale

Property Details

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Property Sub-TypeCo-Ownership Apartment
Architectural StyleApartment
ConstructionBrick Front, Stucco (Plaster)
BasementNone
CountyToronto
Annual Tax$0
Rental ItemsNone

Parking & Garage

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Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

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Heat SourceGas
Heat TypeWater
CoolingWall Unit(s)

Features

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Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Property History

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No historical data available for this property.

This could be the first listing for this address.

Toronto Homeowner & Seller AdvisoryVerified Sold Comp

What is your house worth in Toronto?

This property at 516 Riverside Drive, Toronto, ON has closed. If you own a home on this street or nearby in Toronto, recent market trends and verified sold prices directly determine your home equity.

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Frequently Asked Questions about 516 Riverside Drive, Toronto, ON

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Q.What is the asking price for 516 Riverside Drive, Toronto, ON ?

The current listing price for 516 Riverside Drive, Toronto, ON in Lambton Baby Point, Toronto is $649,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 800-899 sqft.

Q.What property type and architectural style is 516 Riverside Drive, Toronto, ON ?

516 Riverside Drive, Toronto, ON is a Co-Ownership Apartment (Apartment) featuring a None basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Wall Unit(s).

Location

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516 Riverside Drive, Toronto, ON
Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Lambton Baby Point, Toronto

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents80 incidents / yr
Average Per Month6.7 incidents / mo
Population Benchmark8,614 residents
Personal Safety
Moderate

43 assaults (494.4/100k)

Property Security
Low

15 B&E (172.5/100k)

Auto Theft Risk
Moderate

8 thefts (92.0/100k)

1-Year Trend
â–Ľ 3.6%

Stable vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Toronto Police Service (TPS) ArcGIS Open Data
Halton & GTA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

Pricing & Value Insights

Data-driven valuation for 516 Riverside Drive 6, Toronto W02, ON M6S 4B5

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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.

Market Trend
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Lambton Baby Point, Toronto 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$2,498,299

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%

Best Schools in Lambton Baby Point, Toronto

Elementary Schools

St Pius X
Public71 Jane Street, Toronto, Ontario, M6S 3Y3
8.3
James Culnan
Public605 Willard Avenue, York, Toronto, Ontario, M6S 3S1
6.3
Runnymede
Public569 Jane Street, York, Toronto, Ontario, M6S 4A3
7.7
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

Lambton Baby Point, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

Need more details or a custom CMA?

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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.

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