ON
Toronto (Niagara)
M6J2L7
243 Niagara Street
243 Niagara Street, Toronto (Niagara), ON M6J2L7
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Listing Type
Multi Family
Listing Status
Active
15
$5,500,000

Home Details for 243 Niagara Street

Price
$5,500,000
Type
Residential Income
Bedrooms
9
Total Bathrooms
9
Listing #
C13158784
Property Description

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:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Central Air
  • Parking
    • Detached
Listing Courtesy: HOMELIFE DISTRICT REALTY
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