243 Niagara Street,Toronto C01, ON M6J 2L7
Toronto C01, ON M6J 2L7
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.
Details
| MLS # | C13158784 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 166 |
| Listing Provided By | HOMELIFE DISTRICT REALTY | C13158784 295000 |
Features
| Bed(s) | 9 |
|---|---|
| Bath(s) | 9 |
| Garage | 3 |
| Basement | Y |
| Acreage | 0.05 |
Interior
| Interior Features | Other |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Features | Natural Gas |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Other |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Other, Stucco (Plaster) |
| Security Features | Smoke Detector |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 19900 |
|---|---|
| Tax Legal Description | PT LT 15 SEC B PL MILITARY RESERVE TORONTO, PT 1, 66R28558 TOGETHER WITH AN EASEMENT OVER PT 2, 66R28558 AS IN CA788023 CITY OF TORONTO |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C01 |
| Postal Code | M6J 2L7 |
| Area | Niagara |
| Listing VS Median (in M6J 2L7) | |
Price: $5,500,000 low | high Med: $27 On site: 166 low | high Med: 1237 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C01 |
| Postal Code | M6J 2L7 |
| Area | Niagara |
| Listing VS Median (in M6J 2L7) | |
Price: $5,500,000 low | high Med: $27 On site: 166 low | high Med: 1237 | |
