243 Niagara St, Toronto, Ontario

Multi-Family for Sale in Toronto

243 Niagara St, Toronto, ON

  • CA$5,500,000
  • 8+1 BEDS
  • 9 BATHS
  • CA$5,500,000

Multi-Family for Sale in Toronto

243 Niagara St, Toronto, ON

  • CA$5,500,000
  • 8+1 BEDS
  • 9 BATHS
  • CA$5,500,000

Key Facts

  • MLS® #: C13158784
  • Property ID: SIRC3357310
  • Property Type: Residential, Fourplex
  • Year Built: 6
  • Bedrooms: 8+1
  • Bathrooms: 9
  • Parking Spaces: 6
  • Listed By:
  • HOMELIFE DISTRICT REALTY

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.

Listing Agents

HOMELIFE DISTRICT REALTY

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Location

243 Niagara St, Toronto, Ontario, M6J 2L7 Canada

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