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 |
| Bedrooms Plus | 1 |
| Bathrooms | 9.00 |
| Square Footage | 3500-5000 |
| Type | Residential Freehold |
| Sub-Type | Fourplex |
| Style | Other |
| Status | Active |
Community Information
| Address | 243 Niagara Street |
|---|---|
| Area | Toronto |
| Neighborhood | Niagara |
| City | Toronto C01 |
| Province | ON |
| Postal Code | M6J 2L7 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Garage Parking Spaces | 3 |
| Garage Type | Detached |
| Pool | None |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central Air |
| Fireplace | Yes |
| Basement | Finished |
Exterior
| Exterior | Other, Stucco (Plaster) |
|---|
Listing Details
| Office | HOMELIFE DISTRICT REALTY |
|---|
