243 Niagara Street, Toronto - $5,500,000 | Modern Solution Realty

243 Niagara Street

243 Niagara Street, Toronto

243 Niagara Street in Toronto - 9 bedroom, 9 bathroom. Listed at $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.

Property Details

  • Property Type: Mortgage
  • Style: Other
  • Square Footage: 4250 sqft
  • Basement: Finished
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 6 spaces
  • Property Taxes: $19,900/yr
  • Neighbourhood: Niagara
  • Postal Code: M6J 2L7

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