87 Niagara Street, Toronto, ON M5V 1C9
Niagara, Toronto · Near Niagara St/Bathurst St · View map
About this home
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.
The home
- Type
- Freehold townhouse
- Style
- 3-Storey
- Square footage
- 1100-1500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 1
- Bathrooms
- 2
- Kitchens
- 2
- Rooms
- 6
- Basement
- Finished with Walk-Out
- Lot size
- 16.2 x 100.1 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Baseboard
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage spaces
- 1
- Driveway spaces
- 1
- Total parking
- 1
Taxes & other
- Property taxes
- $9,499/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Niagara St/Bathurst St
- Neighbourhood
- Niagara
More
- Price per sq ft
- ~$922 (at 1,300 sq ft)
- MLS® number
- C14031006
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The home and its surroundings
- In-Law Capability
- Accessory Apartment
- 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.
87 Niagara Street, Toronto, ON M5V 1C9
Niagara, Toronto · Near Niagara St/Bathurst St
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Listing history for 87 Niagara Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 87 Niagara Street
Answers come straight from this home’s MLS® listing.
How much is 87 Niagara Street listed for, and what would it cost each month?
87 Niagara Street is listed for $1,199,000. With 20% down ($239,800), the mortgage payment would be roughly $4,836 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,628 a month, all in. That figure is an illustration, not a quote.
Is 87 Niagara Street freehold or a condo, and is there a monthly fee?
87 Niagara Street is a freehold townhouse 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 87 Niagara Street have?
87 Niagara Street has 3 bedrooms, plus 1 more bedroom in the basement, and 2 bathrooms. The listing gives the style as 3-storey.
Does 87 Niagara Street have a garage and parking?
The listing does not show a garage. The driveway adds 1 space. In total the listing counts 1 parking space.
Does 87 Niagara Street have a finished basement?
The listing describes the basement as finished with walk-out. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 87 Niagara Street?
87 Niagara Street is a freehold townhouse. A townhouse shares side walls with its neighbours; it can be freehold or part of a condo complex.
How big is 87 Niagara Street, and what is the lot size?
The listing puts the home between 1,100 and 1,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 16.2 x 100.1 ft.
How is 87 Niagara Street heated and cooled?
Heating is baseboard (gas). Cooling is central air.
What are the property taxes for 87 Niagara Street?
Property taxes are $9,499 a year (2026), or about $792 a month.
Where is 87 Niagara Street?
87 Niagara Street is in the Niagara community of Toronto. The nearest main intersection is Niagara St/Bathurst St. The postal code is M5V 1C9.
Is 87 Niagara Street still for sale?
Yes. It is an active listing (MLS® C14031006). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 87 Niagara Street asking?
Similar properties for sale nearby right now include 2603 - 12 Sudbury Street at $1,289,000 (3 bed), 758 Richmond Street W at $1,299,000 (3+1 bed) and 1 Crawford Street at $999,999 (3+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 87 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 87 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.
Condo townhouse$1,289,0002603 - 12 Sudbury Street, Toronto3 bed · 4 bath · NiagaraCourtesy of: SAGE REAL ESTATE LIMITEDView home →
Freehold townhouse$1,299,000758 Richmond Street W, Toronto3+1 bed · 3 bath · NiagaraCourtesy of: WEISS REALTY LTD.View home →
Condo townhouse$999,9991 Crawford Street, Toronto3+1 bed · 3 bath · NiagaraCourtesy of: ROYAL LEPAGE SIGNATURE REALTYView home →Courtesy of: THE AGENCY
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.