243 Niagara Street, Toronto, ON M6J 2L7
Niagara, Toronto · Near King St W And Niagara · View map
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.
The home
- Type
- Fourplex
- Style
- Other
- Square footage
- 3500-5000 sq ft
- Bedrooms
- 8
- Basement bedrooms
- 1
- Bathrooms
- 9
- Kitchens
- 5
- Rooms
- 16
- Basement
- Finished
- Lot size
- 19.9 x 105.8 ft
- Faces
- West
- Approximate age
- 6-15 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Smoke Detector
- Exterior
- Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Detached
- Garage spaces
- 3
- Driveway spaces
- 3
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $19,900/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- IMM
- Cross street
- King St W And Niagara
- Neighbourhood
- Niagara
More
- Price per sq ft
- ~$1,294 (at 4,250 sq ft)
- MLS® number
- C13158784
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
243 Niagara Street, Toronto, ON M6J 2L7
Niagara, Toronto · Near King St W And Niagara
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 243 Niagara Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 243 Niagara Street
Answers come straight from this home’s MLS® listing.
How much is 243 Niagara Street listed for, and what would it cost each month?
243 Niagara Street is listed for $5,500,000. With 20% down ($1,100,000), the mortgage payment would be roughly $22,185 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $23,844 a month, all in. That figure is an illustration, not a quote.
Is 243 Niagara Street freehold or a condo, and is there a monthly fee?
243 Niagara Street is a fourplex in Niagara, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 243 Niagara Street have?
243 Niagara Street has 8 bedrooms, plus 1 more bedroom in the basement, and 9 bathrooms. The listing gives the style as other.
Does 243 Niagara Street have a garage and parking?
Yes. The listing shows the garage as detached, with room for 3 cars. The driveway adds 3 spaces. In total the listing counts 6 parking spaces.
Does 243 Niagara Street have a finished basement?
The listing describes the basement as finished. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown.
What style of home is 243 Niagara Street?
243 Niagara Street is a fourplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 243 Niagara Street, and what is the lot size?
The listing puts the home between 3,500 and 5,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 19.9 x 105.8 ft.
How is 243 Niagara Street heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 243 Niagara Street?
Property taxes are $19,900 a year (2025), or about $1,658 a month.
Where is 243 Niagara Street?
243 Niagara Street is in the Niagara community of Toronto. The nearest main intersection is King St W And Niagara. The postal code is M6J 2L7.
Is 243 Niagara Street still for sale?
Yes. It is an active listing (MLS® C13158784). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 243 Niagara Street asking?
Similar properties for sale nearby right now include 121 Fourth Street at $4,495,000 (8+4 bed), 1081 St Clair Avenue W at $4,100,000 (8+4 bed) and 80 Wychwood Park at $6,900,000 (7+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 243 Niagara Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 243 Niagara Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Niagara, picked by style, size and price.
Multiplex$4,495,000121 Fourth Street, Toronto8+4 bed · 10 bath · New TorontoCourtesy of: RIGHT AT HOME REALTYView home →
Multiplex$4,100,0001081 St Clair Avenue W, Toronto8+4 bed · 12 bath · Corso Italia-DavenportCourtesy of: RE/MAX REALTRON REALTY INC.View home →
Multiplex$6,900,00080 Wychwood Park, Toronto7+1 bed · 5 bath · WychwoodCourtesy of: CHESTNUT PARK REAL ESTATE LIMITEDView home →Courtesy of: HOMELIFE DISTRICT REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.