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$5,500,000
243 Niagara Street • Toronto, ONNew
Courtesy of HOMELIFE DISTRICT REALTY
8+1
Bedrooms
9
Bathrooms
3500-5000
Square feet
6
Parking

About this home

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
Fourplex
Style
Other
Approx. age (yrs)
6-15
Total rooms
16
Lot size
19.91 × 105.83 ft
Property taxes
$19,900 (2025)
Occupancy
IMM
Days on market
62
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: May 21, 2026, 5:54 p.m. EDT via TRREB IDX.

First listed: May 21, 2026, 5:54 p.m. EDT.