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Renanza Realty
For sale

87 NIAGARA STREET

Toronto (Niagara), Ontario

MLS® C14031006

$1,199,000

Status
Active
Property type
House
MLS® number
C14031006
Bedrooms
4
Bathrooms
2
Year built
—

Listing description

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 summary

MLS® number
C14031006
Property type
Single Family
Building type
Row / Townhouse
Title
Freehold
Land size
16.2 x 100.1 FT
Annual property taxes
$9,498.65
Parking
1 space · Other, No Garage
Days on market
4 days

Features & details

Heating
Baseboard heaters, Natural gas
Cooling
Central air conditioning
Basement
Finished, Walk out, N/A
Flooring
Hardwood
Exterior features
Brick, Vinyl siding

What would this home cost you?

Based on the $1,199,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,579 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of THE AGENCY, TORONTO.

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.