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243 Niagara Street Toronto, Ontario

$5,500,000
9 Beds
  9 Full

PROPERTY INFO

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:4555)

PROPERTY SPECS

Price $5,500,000
City Toronto, Ontario
Bed / Bath 9 / 9 Full
Address 243 Niagara Street
Listing ID C13158784
Style Fourplex
Parking 6.00
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Ownership Freehold Basement Finished, N/A Heating / Cooling Forced air, Natural gas Sewer Sanitary sewer Parking 6.00



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Windsor: 519-903-9355
Toronto: 905-220-7333
Office: 905-335-3042

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