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$ 5,500,000
Est. payment /mo
Active
243 Niagara ST Toronto C01, ON M6J 2L7
9 Beds
9 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Municipality Toronto C01
Subdivision Niagara
MLS Listing ID C13158784
Style Other
Bedrooms 9
Annual Tax Amount $19,900
Tax Year 2025
Property Sub-Type Fourplex
Property 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.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Rooms
Family Room No
Basement Finished
Kitchen 5
Separate Den/Office 1
Interior
Interior Features Other
Cooling Central Air
Fireplaces Type Natural Gas
Fireplace Yes
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 3.0
Pool None
Roof Type Other
Lot Frontage 19.91
Lot Depth 105.83
Total Parking Spaces 6
Building
Building Age 6-15
Unit Features Other
Foundation Poured Concrete
Others
Security Features Smoke Detector
ParcelsYN No
Listed by HOMELIFE DISTRICT REALTY