$5,500,000

243 Niagara Street, Toronto, Ontario

9

Beds

9

Baths

C13158784

MLS® Number

74

Days on Website

For Sale

Listing Type

$5,500,000 | Niagara Toronto for Sale at 243 Niagara Street Toronto

Detached four-storey building completed in 2018 with quality finishes throughout. Property features self-contained apartment units on each level above grade, with each unit offering afunctional open-concept kitchen and living area, 2 bedrooms, 2 bathrooms, and in-suite laundry. Living rooms feature gas fireplaces, while kitchens are finished with quartz countertops and quality cabinetry. Primary bedrooms include a 4-piece ensuite bathroom. Separate services are provided for each unit, including individual furnaces and tankless hot water systems. The building is also equipped with a full sprinkler system and elevator access. The property offers a three-car garage with driveway access from Adelaide Street West, along with additional surface parking located in front of the garage. Generating over $160,000+ in annual rental income, this is an exceptional investment opportunity ideal for investors seeking strong cashflow and long-term income potential. A rare turnkey asset with modern construction, quality finishes, and excellent income performance. A finished one-bedroom basement apartment with 1bathroom provides additional income flexibility and further enhances the property's value. (id:6289)

Financial and Mortgage

List Price $5,500,000
Original Price $5,500,000
Monthly Payment $22,934/month
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Days on Website 74

243 Niagara Street Details

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Construction and Lot

Bedrooms 9
Bathrooms 9.00
Parking Spaces 6
Parking Detached Garage, Garage
Garages Detached Garage, Garage
Has Basement Yes
Basement Finished, N/A
Foundation Poured Concrete
Cooling Central air conditioning
Heating Forced air, Natural gas
Exterior Stucco

Exterior of 243 Niagara Street

Type Multi-family
Amenities Fireplace(s)

Interior

Fireplace Yes

Niagara Information

About Niagara in Toronto

Address 243 Niagara Street
Subdivision Niagara
City Toronto
Province Ontario
Postal Code M6J2L7
Amenities Fireplace(s)
Office/Brokerage HOMELIFE DISTRICT REALTY

Niagara Map, Demographics, Characteristics

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