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243 Niagara St, Toronto, Ontario, M6J 2L7

$5.50M
Beds 8+1Baths 9Sqft 3500-5000Parking 6
243 Niagara St Photo 1

Description

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.

Home Details

List Date

2026-05-21

Style

Other

Type

Fourplex

Status

Active

Year Built

6-15

Features

Bedrooms

8+1

Bathrooms

9

Heating

Forced Air

Cooling

-

Parking

6 Spaces

Appliances & Equipment

Inclusions

None specified.

Exterior

Construction

Other

Water & Sewer

Municipal

Lot Size

19.91 x 105.83 Feet

Garage

Detached

Taxes

$20K (2025)

Listing Brokerage

Brokerage Name

HOMELIFE DISTRICT REALTY

RealtHer Group

RealtHer Group

Real Estate Brokers

RE/MAX Metropolis

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