87 Niagara Street, Toronto
Welcome to a rare opportunity in one of downtown Toronto's most coveted addresses - an M5V postal code, no less! Tucked into the heart of the city, this Niagara St property is perfectly suited for investors or anyone ready to plant roots in a beautiful, established downtown neighbourhood.The main entrance offers a warm and inviting introduction to what could easily serve as your primary residence, while the basement level brings serious income potential to the table. With both a front and back separate entrance, this lower level is ideally set up to become its own self-contained unit - helping offset renovation costs or generate steady rental income from day one.Step outside and discover a charming, sun-dappled backyard, shaded by the natural grace of mature trees. It's a peaceful little escape that feels worlds away from the bustle of the city, even though you're right in the middle of it. A private parking spot at the rear of the building means your car stays protected from the elements - no more scraping snow off the windshield on a cold Toronto morning.And here's where things get even more exciting: with laneway units now permitted in the city, that same parking spot presents the opportunity to build a second income-generating unit. Whether you're looking to add long-term rental income, create a space for extended family, or simply maximize the property's value, the potential here is significant.Location doesn't get much better than this. You're just steps from 1 Hotel Toronto and Stack't Market, with Old York Tavern nearby for a great night out. A cosmetic medical clinic is also coming soon just across the street, and The Well is only moments away - bringing even more shopping, dining, and lifestyle amenities right to your doorstep. Add in countless parks and restaurants throughout the neighbourhood, and you have a location that truly has it all.This home truly deserves to be seen in person. (id:1945)
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Property details for 87 Niagara Street, Toronto
- Type
- Townhouse
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 16.2 x 100.1 FT
- Stories
- 3
- Basement
- Finished, Walk out, N/A
- Parking
- Other, No Garage
- Heating
- Baseboard heaters, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Brick, Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $9,499
Nearby Listings Stat
Estimated price and comparable properties near 87 Niagara Street
Active Listings
13
Min Price
$799,999
Max Price
$1,799,900
Avg Price
$1,213,522
Days on Market
23
days
Sold Listings
4
Min Sold Price
$999,999
Max Sold Price
$1,299,999
Avg Sold Price
$1,157,249
Days until Sold
59
days
Neighbourhood Census Data
Toronto, Ontario
Population
2,594
Median Age
35.1
Median Income
$64,569
Dwelling Value
$425,483
Housing Tenure
Owners 57%
Renters 43%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.5
Pop. Density: 12,048.3/km²
Avg Shelter Cost: $1,977/mo
Owners with Mortgage: 80.9%
Owners Spending 30%+: 31.6%
Tenants Spending 30%+: 40.3%
English only: 81.1%
French only: 0.2%
English and French: 17.5%
Neither: 1.2%
Median Household Income: $89,746
Median Employment Income: $64,944
Price History
Listed
October 14, 2026
by THE AGENCY
Current Price
$1,199,000
Type
Townhouse
For Sale
