For Sale: 243 Niagara Street, Toronto, ON - REW
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$5,500,000
9 bd • 9 ba • 3500 - 4999 sf • Multifamily
243 Niagara Street
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$5,500,000
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243 Niagara StreetToronto, ON, M6J 2L7

Niagara
  • 9 Bed
  • 9 Bath
  • 3500 - 4999 Sqft
  • Multifamily

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. (id:63626)
Listed by: PREM RAGUNATHAN, Salesperson, HOMELIFE DISTRICT REALTY

Home facts and features

Price details
List Price
$5,500,000
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Gross Taxes for 2026
$19,900
Home facts
Bedrooms
9
Full Bathrooms
9
Parking Spaces
6
Parking Details
Detached Garage, Garage
Property Type
Multifamily
Depth
105.8 feet
Frontage
19.1 feet
Exterior Finish
Stucco
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished,
Features
Fireplace(s), Smoke Detectors
Community
Agent details
Primary Agent
PREM RAGUNATHAN
Primary Broker
HOMELIFE DISTRICT REALTY
Listing details
Days on REW
15 Days
MLS® Number
C13158784
Source
Canadian Real Estate Association
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25 Years
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Property Insights

Niagara Street Junior Public School
  • Public
  • JK - 6
St Mary Catholic School
  • Catholic
  • JK - 8
Charles G Fraser Public School
  • Public
  • JK - 6
Discovering Minds Montessori Preschool I
  • Private
  • Pre-K - K
Givins/Shaw Junior Public School
  • Public
  • JK - 6
Ryerson Community School
  • Public
  • JK - 8
É Élém Pierre-Elliott-Trudeau
  • Public
  • JK - 6
Ogden Junior Public School
  • Public
  • JK - 6
Pope Francis Catholic School
  • Catholic
  • JK - 8
City School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Salesperson
PREM RAGUNATHAN
Phone:
416-725-8215
Office:
416-919-8284
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