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Listing photo of 243 NIAGARA STREET

Toronto

Toronto

$5,500,000

243 NIAGARA STREET, Toronto, M6J2L7

MLS Number: C13158784

Beds

9

Baths

9

Listing

For Sale

Type

Freehold

Square Feet

3,500 - 5,000

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.

Location

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243 NIAGARA STREET, Toronto, M6J2L7

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Down Payment

$1,100,000

Mortgage Amount

$4,400,000

Principal + Interest

$25,441 / mo

5-Year Term Payments

$1,526,446

Estimated Monthly Carrying Cost

$26,091

Includes principal, interest, property tax, condo fees, and heating estimates.

This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.

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