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Fourplex145 days on market

$5,500,000

243 Niagara Street, Toronto, ON M6J 2L7

Niagara · Toronto · M6J 2L7

Listing brokerage: HOMELIFE DISTRICT REALTY

Beds
8+1
Baths
9
Sq ft
3500-5000
Parking
6

About this home

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

Interior

Bedrooms
8+1
Bathrooms
9
Washrooms
2 × 4-piece (Main), 2 × 4-piece (Second), 2 × 4-piece (Third), 2 × 4-piece (Upper), 1 × 4-piece (Basement)
Kitchens
5
Rooms
16
Size
3500-5000 sq ft
Basement
Finished
Fireplace
Natural Gas
Features
Other

Building & Amenities

Elevator
Yes

Heating & Cooling

Heating
Forced Air
Heat source
Gas
Cooling
Central Air

Parking

Garage
Detached
Total spaces
6
Covered spaces
3
Features
Private

Exterior & Lot

Style
Other
Exterior
Other, Stucco (Plaster)
Roof
Other
Foundation
Poured Concrete
Lot size
19.91 × 105.83 feet
Faces
West
Pool
None
Other structures
None

Utilities

Sewer
Sewer

Taxes & Fees

Property taxes
$19,900 (2025)
HST
Included In

Listing

MLS® number
C13158784
Type
Fourplex
Transaction
For Sale
Neighbourhood
Niagara
Cross streets
King St W And Niagara
Age
6-15
Possession
IMM

History

Past listings and sales for this home and building.

The building

243 Niagara

Niagara · Toronto

Building details, fees and every home for sale or rent

Other homes in this building

1 for lease

Location

243 Niagara Street, Toronto, ON M6J 2L7 · Near King St W And Niagara

Monthly cost

Estimated monthly cost

$26,011/mo

Mortgage
$24,353
Property tax
$1,658
Down payment$1,100,000 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

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