243 Niagara Street, Toronto, ON M6J 2L7
- $5,500,000
- 9
- BD
- 9
- BA
- 3,500
- SqFt
- List Price
- $5,500,000
- MLS#
- C13158784
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Fourplex
- Style
- Other
- Bedrooms
- 9
- Bathrooms
- 9
- Living Area
- 3500-5000
- Province
- ON
- Municipality
- Toronto
- Area
- Toronto
- Neighborhood
- Niagara
- Subdivision
- King St W And Niagara
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.
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Additional Information
- Taxes
- $19,900
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Kitchens
- 5
- Exterior
- Other, Stucco (Plaster)
- Garage Spaces
- 3
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 6
- Parking Type
- Private
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Listing courtesy of HOMELIFE DISTRICT REALTY.