$ 5,500,000

243 Niagara Street, Toronto

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:1945)
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Property details for 243 Niagara Street, Toronto

Type
Multi-family
Bedrooms
9
Bathrooms
9
Lot Size
19.9 x 105.8 FT
Basement
Finished, N/A
Parking
Detached Garage, Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Stucco
Annual Taxes
$19,900

Nearby Listings Stat

Estimated price and comparable properties near 243 Niagara Street

Active Listings
1
Min Price
$5,500,000
Max Price
$5,500,000
Avg Price
$5,500,000
Days on Market
123
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days

Neighbourhood Census Data

Toronto, Ontario

Population
436
Median Age
38.2
Median Income
$24,768
Dwelling Value
$800,442

Housing Tenure

Owners 44%
Renters 56%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.1
Pop. Density: 7,182.9/km²
Avg Shelter Cost: $1,624/mo
Owners with Mortgage: 58.8%
Owners Spending 30%+: 31.2%
Tenants Spending 30%+: 30%
English only: 81.2%
English and French: 12.9%
Neither: 7.1%
Median Household Income: $51,840
Median Employment Income: $34,219

Price History

Listed
May 21, 2026
by HOMELIFE DISTRICT REALTY
Current Price
$5,500,000
Type
Multi-family
For Sale
243 Niagara Street

Contact Agent Get in touch about 243 Niagara Street, Toronto

PREM RAGUNATHAN
HOMELIFE DISTRICT REALTY