$5,500,000
Est. payment $24,353/moCalculate yours
243 Niagara Street, Toronto, ON M6J 2L7
Niagara, Toronto, ON M6J 2L7
- 8 + 1 Beds
- 9 Baths
- 3 Garage
- 3,500 Sq Ft
Listing courtesy of HOMELIFE DISTRICT REALTY MLS® C13158784
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
Overview
- Property Type
- Fourplex
- Style
- Other
- For
- For Sale
- Status
- New
- Approximate Age
- 6-15
- Size
- 3,500 sqft
Interior
- Bedrooms
- 8 + 1
- Bathrooms
- 9
- Kitchens
- 5
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Other, Stucco (Plaster)
- Foundation
- Poured Concrete
- Roof
- Other
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 19.91 x 105.83 Feet
- Parking
- Detached garage · 6 total
Financial
- Property Taxes
- $19,900 (2025)
Location
- Neighbourhood
- Niagara
- Cross Street
- King St W And Niagara
- Direction Faces
- West
Listing
- MLS® Number
- C13158784
- Days on Market
- 150
- Listed On
- 2026-05-21
- Possession
- IMM
- Listed By
- HOMELIFE DISTRICT REALTY
Features
Interior
- Other
Property
- Other
Pool
- None
- Rental items
- if Hot water tank
Mortgage calculator
Estimated mortgage payment
$24,353 per month
- Principal and interest
- $24,353
- Property tax
- $1,658
- Condo fees
- $0
- Estimated monthly cost
- $26,011
Your mortgage
- Mortgage amount
- $4,400,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $2,905,843
Cash to close
- Down payment
- $1,100,000
- Land transfer tax (Ontario + Toronto)
- $292,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $1,392,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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