243 Niagara Street, Toronto, ON M6J 2L7
Niagara · C01 · M6J 2L7
$5,500,000
$1,571 / sq ft5 months on market
- Bedrooms
- 8+1
- Bathrooms
- 9
- Interior
- 3,500 sf
- Parking
- 6
- Lot
- 19.91 × 105.83 ft
- Age
- 6-15 years
What's special
- Detached garage
- Central air
- Finished basement
- Fireplace
About this property
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.
Features
- Other
Property details
Property
- Property type
- multiplex
- Bedrooms
- 8 + 1
- Bathrooms
- 9
- Interior size
- 3,500 sq ft
- Year built
- 6-15
- Lot size
- 19.91 × 105.83 ft
- Possession
- IMM
Interior
- Basement
- Finished
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Fireplaces
- 1
- Exposure
- West
Exterior & services
- Construction
- Other, Stucco (Plaster)
- Garage
- Detached
- Parking spaces
- 6
- Sewer
- Sewer
Costs
- List price
- $5,500,000
- Property taxes
- $19,900 / year (2025)
- Price per sq ft
- $1,571
- Rental items
- if Hot water tank
Listing
- MLS® number
- C13158784
- Status
- For sale
- Listed
- May 21, 2026
- Days on market
- 167
- Last updated
- August 21, 2026
- Listing brokerage
- HOMELIFE DISTRICT REALTY
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced above most comparable listings — about 98% of comparable multiplex listings in Toronto are asking less.
- This home
- $1,571 / sq ft
- Comparable median
- $835 / sq ft
Based on 96 comparable active multiplex listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $24,328.36
- Property tax (est.)
- $1,658.33
- Estimated monthly
- $25,987
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $123,975
- Toronto municipal
- $168,975
- Total due on closing
- $292,950
An estimate on the asking price of $5,500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOMELIFE DISTRICT REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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