243 Niagara Street, Toronto (Niagara), Ontario

$5,500,000

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9

Beds

9

Baths

About 243 Niagara Street

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:6289)

Features of 243 Niagara Street

Listing # C13158784
Price $5,500,000
Bedrooms 9
Bathrooms 9.00
Type Multi-family
Sub-Type Fourplex

Community Information

Address 243 Niagara Street
Subdivision Niagara
City Toronto (Niagara)
Province Ontario
Postal Code M6J2L7

Amenities

Amenities Fireplace(s)
Parking Spaces 6
Parking Detached Garage, Garage
Garages Detached Garage, Garage
Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Central air conditioning
Fireplace Yes
Has Basement Yes
Basement Finished, N/A

Exterior

Exterior Stucco
Lot Description 19.9 x 105.8 FT
Foundation Poured Concrete

Listing Details

Listing Map

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