243 Niagara Street, Toronto, Ontario M6J 2L7

Listed for:
$5,500,000
9 beds
9 baths
Listed 14 days ago
Fourplex for rent: 243 Niagara Street, Toronto, Ontario M6J 2L7

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About

King St W And Niagara 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:27476)

Property Highlights

MLS® Number
C13158784
Type
Multi-family
Community Name
Niagara
Land Size
19.9 x 105.8 FT|under 1/2 acre
Parking Space Total
6

Building

Building Type
Fourplex
Square Footage
3500 - 5000 sqft
Bathrooms Total
9
Bedrooms Above Ground
8
Bedrooms Total
9
Amenities
Fireplace(s)
Exterior Finish
Stucco
Fireplace Present
Yes
Basement Type
N/A (Finished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
HOMELIFE DISTRICT REALTY
MLS® number:
C13158784
Agent:
Prem Ragunathan
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