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243 Niagara Street Toronto, Ontario M6J 2L7

9 Bedroom 9 Bathroom 3500 - 5000 sqft
Fireplace Central Air Conditioning Forced Air

$5,500,000

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. (id:61852)

Property Details

MLS® Number C13158784
Property Type Multi-family
Neigbourhood West Queen West
Community Name Niagara
EquipmentType Water Heater
ParkingSpaceTotal 6
RentalEquipmentType Water Heater

Building

BathroomTotal 9
BedroomsAboveGround 8
BedroomsBelowGround 1
BedroomsTotal 9
Age 6 To 15 Years
Amenities Fireplace(s)
BasementDevelopment Finished
BasementType N/a (finished)
CoolingType Central Air Conditioning
ExteriorFinish Stucco
FireProtection Smoke Detectors
FireplacePresent Yes
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 3500 - 5000 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 105 Ft ,9 In
SizeFrontage 19 Ft ,10 In
SizeIrregular 19.9 X 105.8 Ft
SizeTotalText 19.9 X 105.8 Ft|under 1/2 Acre

https://www.realtor.ca/real-estate/29787497/243-niagara-street-toronto-niagara-niagara

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Prem Ragunathan
Salesperson


Homelife District Realty
90 Winges Rd , Suite 202-B
Woodbridge, Ontario L4L 6A9

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