Listed for:Listed May 21, 2026
$5,500,000

243 Niagara Street

Toronto (Niagara), ON M6J 2L7

Multiplex For Sale
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Sale & Price History for 243 Niagara Street, Toronto, Niagara

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 243 Niagara Street, Toronto, Niagara

Summarized Description

  • Detached four-storey building completed in 2018
  • Each unit has open-concept kitchen and living area
  • Gas fireplaces in living rooms for added comfort
  • Modern finishes with quartz countertops and cabinetry
  • Turnkey asset generating over $160,000 annually
  • Includes a finished one-bedroom basement apartment
  • Three-car garage with additional surface parking
  • Ideal investment opportunity with strong cashflow

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$19,900
Land Transfer Tax Fee
$272,950

Rental Items

Rental Equipment
if Hot water tank

Basement Type
Finished

Interior Features

Interior Extras
Other
Security Features
Smoke Detector
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
Yes

Exterior Features

Pool
None
Property Features
Other
Other Structures
None

Building

Building Type
Multiplex
Building Style
Other
Approx Age
6-15

Construction

Exterior Finish
Other, Stucco (Plaster)
Roof
Other
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
19.91 ft
Lot Depth
105.83 ft

Parking & Garages

Garage Type
Detached
Garage Spaces
3
Parking Spaces
3
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
8 + 1
Washrooms
9
Kitchens
5

Washrooms

  • 4-piece, Main
  • 4-piece, Second
  • 4-piece, Third
  • 4-piece, Upper
  • 4-piece, Basement

Municipality
Toronto
Neighbourhood
Niagara
Main cross streets
King St W And Niagara
Directions
King St W And Niagara

MLS® number
C13158784
Data source
Toronto Regional Real Estate Board
Listed on
2026-05-21
Updated on
2026-08-21
Days on market
148 days
Possession date
2026-06-01
Possession type
Immediate
Co-op commission
2.5% + HST
Seller
Listed by
HOMELIFE DISTRICT REALTY

Home Market Value

Current home valuation for 243 Niagara Street, Toronto, Niagara, Toronto, ON. Listed for $5,500,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 243 Niagara Street, Toronto, Niagara

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Toronto, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$1,100,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$4,400,000$4,125,000$3,850,000$3,575,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$21,483monthly$20,140monthly$18,798monthly$17,455monthly
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Land Transfer Tax

Provincial

$123,975

Municipal (Toronto)

$148,975

Total Land Transfer Tax

$272,950

Around this home

10/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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