Advantage Group Real Estate
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New1 / 37
$1,199,000
87 Niagara Street • Toronto, ONNew
Courtesy of THE AGENCY
3+1
Bedrooms
2
Bathrooms
1100-1500
Square feet
1
Parking

About this home

Welcome to a rare opportunity in one of downtown Toronto's most coveted addresses - an M5V postal code, no less! Tucked into the heart of the city, this Niagara St property is perfectly suited for investors or anyone ready to plant roots in a beautiful, established downtown neighbourhood. The main entrance offers a warm and inviting introduction to what could easily serve as your primary residence, while the basement level brings serious income potential to the table. With both a front and back separate entrance, this lower level is ideally set up to become its own self-contained unit - helping offset renovation costs or generate steady rental income from day one. Step outside and discover a charming, sun-dappled backyard, shaded by the natural grace of mature trees. It's a peaceful little escape that feels worlds away from the bustle of the city, even though you're right in the middle of it. A private parking spot at the rear of the building means your car stays protected from the elements - no more scraping snow off the windshield on a cold Toronto morning. And here's where things get even more exciting: with laneway units now permitted in the city, that same parking spot presents the opportunity to build a second income-generating unit. Whether you're looking to add long-term rental income, create a space for extended family, or simply maximize the property's value, the potential here is significant. Location doesn't get much better than this. You're just steps from 1 Hotel Toronto and Stack't Market, with Old York Tavern nearby for a great night out. A cosmetic medical clinic is also coming soon just across the street, and The Well is only moments away - bringing even more shopping, dining, and lifestyle amenities right to your doorstep. Add in countless parks and restaurants throughout the neighbourhood, and you have a location that truly has it all. This home truly deserves to be seen in person.

Property details

Property type
Att/Row/Townhouse
Style
3-Storey
Total rooms
6
Lot size
16.19 × 100.14 ft
Property taxes
$9,498.65 (2026)
Occupancy
Immediate
Days on market
5
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Oct 15, 2026, 11:45 a.m. EDT via TRREB IDX.

First listed: Oct 14, 2026, 10:12 a.m. EDT.