243 Niagara Street, Toronto, Ontario, Canada, M6J2L7

5,500,000
for Sale
8 + 1
9
3500-5000

About the property:

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.

House features:

false
Fourplex fourplex
Property Type:
Fourplex
Status:
for Sale
House Style:
fourplex
Bedrooms:
8 + 1
Bathrooms:
9
Land Size:
19.91 x 105.83 FT | < .50 acres
Central A/C:
Yes
Garage/Parking Type:
Private
Garage Spaces:
3
Parking Places:
6
Heating Type:
Forced Air
Heating Fuel:
Gas
Cross Street:
King St W And Niagara
Exterior:
Other,Stucco (Pl
Basement:
Finished, Finished
Fronting On:
W
Possession Date:
IMM
Annual Property Taxes:
19,900
Listing ID:
C13158784

Rooms

Dimensions

Brokered by:
Homelife District Realty
Source: TRREB/PROPTX
Presented By: