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$5,500,000

243 Niagara St

Toronto C01, ON M6J 2L7

243 Niagara St, Toronto C01Listed at $5,500,000. 9 bedroom, 9 bathroom Other Fourplex. MLS® C13158784.

9Beds
9Baths
3500-5000sqft
Fourplex
Other
6Parking
$19,900Taxes/yr · 2025

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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 Details

Property TypeFourplex
StyleOther
CommunityNiagara
Approximate Age6-15
Rooms16+3
Kitchens5
Washrooms9
Square Feet3500-5000 sqft
Lot Dimensions19.91 × 105.83 ft
Fronting OnWest
Dir/Cross StKing St W And Niagara
Garage TypeDetached
Garage Parking Spaces3
DrivePrivate
Parking Drive Spaces3
Total Parking Spaces6
ExteriorOther, Stucco (Plaster)
RoofOther
FoundationPoured Concrete
BasementFinished
Fireplace FeaturesNatural Gas
Heating TypeForced Air
Heating SourceGas
A/CCentral Air
SewersSewer
Taxes (2025)$19,900
HSTIncluded In
SecuritySmoke Detector
Listed Date5/21/2026
Days on Market88 days
PossessionIMM
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

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Listing Courtesy of: HOMELIFE DISTRICT REALTY

MLS® #C13158784

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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HouseIndex Take: 243 Niagara Street

This fourplex (Other) is located in the Niagara neighbourhood of Toronto.

The home offers 9+1 bedrooms, 9 bathrooms.

Features include a finished basement, 6 parking spaces including a 3-car garage, a fireplace.

Additional details: lot dimensions of 19.91 × 105.83 feet.

Listed at $5,500,000 CAD with annual property taxes of $19,900 (2025).

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About Toronto Real Estate

This Fourplex is located in the Niagara community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
View full Toronto neighbourhood guide →