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:
Tax:
$19,900 / 2025
Property Type:
Fourplex
Building Age:
6-15 years
Sq. ft. size
3500-5000 sq. ft.
Lot Size:
19.91 x 105.83 feet
Lot Irregularities:
PT LT 15 SEC B PL MILITARY RESERVE TORONTO, PT 1, 66R28558 TOGETHER WITH AN EASEMENT OVER PT 2, 66R28558 AS IN CA788023 CITY OF TORONTO
Parking:
Detached garage (3), 6 spaces in total
Basement:
Finished
Possession:
2026-06-01
Listing #:
C13158784
Days on Site:
166 days
Status Change:
74 days ago
Added to CiRealty:
2026-05-21
Updated on:
2026-08-21
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 243 Niagara St, Toronto. Listed for $5,500,000 on 2026-05-21
Property
Property Type:
Fourplex
Style:
Other
Community:
Niagara
Municipality:
Toronto C01
Inside
Bedrooms:
8 + 1
Bathrooms:
9
Bathrooms Detail:
2 × 4pc, main floor
Bathrooms Detail:
2 × 4pc, 2nd floor
Bathrooms Detail:
2 × 4pc, 3rd floor
Bathrooms Detail:
2 × 4pc, upper floor
Bathrooms Detail:
1 × 4pc, basement
Kitchens:
4 + 1
Rooms:
16 + 3
Family Room:
No
Den:
No
Fireplace:
Yes
Central Vac:
No
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Building
Size:
3500-5000 sq. ft.
Building Age:
6-15 years
Construction:
Other, Stucco/Plaster
Parking
Garage Type:
Detached
Garage Spaces:
3
Driveway:
Private
Driveway Spaces:
3
Total Parking Spaces:
6
Land
Sewer:
Sewers
Frontage:
19.91 feet
Depth:
105.83 feet
Cross Street:
King St W And Niagara
Property
Property Type:
Fourplex
Style:
Other
Community:
Niagara
Municipality:
Toronto C01
Building
Size:
3500-5000 sq. ft.
Building Age:
6-15 years
Construction:
Other, Stucco/Plaster
Parking
Garage Type:
Detached
Garage Spaces:
3
Driveway:
Private
Driveway Spaces:
3
Total Parking Spaces:
6
Inside
Bedrooms:
8 + 1
Bathrooms:
9
Bathrooms Detail:
2 × 4pc, main floor
Bathrooms Detail:
2 × 4pc, 2nd floor
Bathrooms Detail:
2 × 4pc, 3rd floor
Bathrooms Detail:
2 × 4pc, upper floor
Bathrooms Detail:
1 × 4pc, basement
Kitchens:
4 + 1
Rooms:
16 + 3
Family Room:
No
Den:
No
Fireplace:
Yes
Central Vac:
No
Land
Sewer:
Sewers
Frontage:
19.91 feet
Depth:
105.83 feet
Cross Street:
King St W And Niagara
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
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