243 Niagara Street, Toronto C01, ON

$5,500,000

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8

Beds

9

Baths

3,500

Square feet

About 243 Niagara Street

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.

Features of 243 Niagara Street

MLS® # C13158784
Price $5,500,000
Bedrooms 8
Bathrooms 9.00
Square Footage 3,500
Acres 0.00
Type Residential Freehold
Sub-Type Fourplex
Style Other
Status Active

Community Information

Address 243 Niagara Street
Area Toronto
Subdivision Niagara
City Toronto C01
Province ON
Postal Code M6J 2L7

Amenities

Parking Spaces 3
# of Garages 3
Garages Detached
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Central Air
Fireplace Yes
Basement Finished

Exterior

Exterior Other, Stucco (Plaster)

Listing Details

OfficeHOMELIFE DISTRICT REALTY

Listing Map

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