243 NIAGARA STREET
Toronto (Niagara), Ontario
MLS® C13158784
$5,500,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- C13158784
- Bedrooms
- 9
- Bathrooms
- 9
- Year built
- —
1 / 15Listing 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.
Property summary
- MLS® number
- C13158784
- Property type
- Multi-family
- Building type
- Fourplex
- Land size
- 19.9 x 105.8 FT
- Annual property taxes
- $19,900.00
- Parking
- 6 spaces · Detached Garage, Garage
- Days on market
- 97 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, N/A
- Exterior features
- Stucco
What would this home cost you?
Based on the $5,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of HOMELIFE DISTRICT REALTY, Woodbridge.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.