243 Niagara Street

Toronto, ONMulti-family
$5,500,000
MLS® C13158784
Multi-family9 beds9 baths6 total
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About This Property

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:63604)

Key Facts

Type
Multi-family
Beds
9
Baths
9
Size
3,500 sqft
Lot
19.9 x 105.8 FT
Parking
6 total
Property Details 15 details
Bedrooms
9 bedrooms
8 above grade + 1 below grade
Bathrooms
9 bathrooms
Parking
6 parking spaces
Detached Garage · Garage
Living area
3,500 - 5,000 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Fourplex
Attached status
Attached
Basement
Finished
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Lot dimensions
19.9 x 105.8 FT
Frontage
19.10 feet
Taxes
$19,900.00
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Fireplace(s)

Exterior features

StuccoPoured Concrete

Systems and association

Smoke Detectors
Mortgage & Affordability Estimate monthly costs
Purchase price$5,500,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Niagara
City
Toronto
Postal code
M6J 2L7
Nearby
King St W And Niagara