243 Niagara Street, Toronto, ON M6J 2L7
Toronto C01, ON, M6J 2L7 · Niagara
About this 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.
Features & Amenities
- Basement: Finished
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: Other
- Construction: Other, Stucco (Plaster)
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Fourplex |
| Architectural Style | Other |
| Bedrooms | 9 |
| Bathrooms | 9 |
| Basement | Finished |
| Garage | Detached |
| Parking Spaces | 3 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $19,900 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Other
- Fireplace
- Yes
- Fireplace Features
- Natural Gas
Exterior Features
- Other Structures
- None
- Pool Features
- None
Building & Construction
- Architectural Style
- Other
- Construction Materials
- Other, Stucco (Plaster)
- Foundation Details
- Poured Concrete
- Roof
- Other
- Basement
- Finished
- Approximate Age
- 6-15
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 3
- Parking Total
- 6.00
- Parking Features
- Private
- Covered Spaces
- 3
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 105.83
- Lot Width
- 19.91
Community & Neighborhood
- Property Features
- Other
Financial & Tax
- Tax Annual Amount
- $19,900
- Tax Year
- 2025
- Possession Type
- Immediate
- Possession Details
- IMM
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 16
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 4
- Kitchens Total
- 5
- Bedrooms Above Grade
- 8
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Toronto
- Cross Street
- King St W And Niagara
- Directions
- King St W And Niagara
- Special Designation
- Unknown
- Showing Requirements
- Lockbox
Location
243 Niagara Street, Toronto, ON M6J 2L7, Toronto C01, ON, M6J 2L7