For sale 50$5,500,000
243 Niagara Street
Niagara, Toronto, Ontario M6J2L7
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- C13158784
- Added
- May 21, 2026 ()
- Updated
- May 21, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Fourplex
Inside
- Bedrooms
- 8+1
- Bathrooms
- 9
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Fireplace
- Yes
Building
- Basement
- Finished
- Exterior
- Stucco
- Foundation
- Poured Concrete
- Parking
- Detached Garage, Garage · 6 spaces
- Amenities
- Fireplace(s)
- Security
- Smoke Detectors
Land
- Lot size
- 19.9 x 105.8 ft
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- King St W And Niagara
Running costs
- Annual property tax
- $19,900
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