243 Niagara Street Toronto, Ontario M6J 2L7

9 Bedroom 9 Bathroom 3,500 - 5,000 ft2
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:63203)

Property Details

MLS® Number C13158784
Property Type Multi-family
Neigbourhood West Queen West
Community Name Niagara
Equipment Type Water Heater
Parking Space Total 6
Rental Equipment Type Water Heater

Building

Bathroom Total 9
Bedrooms Above Ground 8
Bedrooms Below Ground 1
Bedrooms Total 9
Age 6 To 15 Years
Amenities Fireplace(s)
Basement Development Finished
Basement Type N/a (finished)
Cooling Type Central Air Conditioning
Exterior Finish Stucco
Fire Protection Smoke Detectors
Fireplace Present Yes
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 3,500 - 5,000 Ft2
Type Fourplex
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 105 Ft ,9 In
Size Frontage 19 Ft ,10 In
Size Irregular 19.9 X 105.8 Ft
Size Total Text 19.9 X 105.8 Ft|under 1/2 Acre

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