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Pawel Parafianowicz

pawel@coralrealty.ca +1(416) 508-5667

$ 5,500,000

Est. payment | -/mo

9 Beds

9 Baths

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$ 5,500,000

Est. payment | -/mo

Save

9 Beds

9 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Municipality Toronto C01

Subdivision Niagara

MLS Listing ID C13158784

Style Other

Bedrooms 9

Annual Tax Amount $19,900

Tax Year 2025

Property Sub-Type Fourplex

Property 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.

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Rooms

Family Room No

Basement Finished

Kitchen 5

Separate Den/Office 1

Interior

Interior Features Other

Cooling Central Air

Fireplaces Type Natural Gas

Fireplace Yes

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 3.0

Pool None

Roof Type Other

Lot Frontage 19.91

Lot Depth 105.83

Total Parking Spaces 6

Building

Building Age 6-15

Unit Features Other

Foundation Poured Concrete

Others

Security Features Smoke Detector

ParcelsYN No

Listed by HOMELIFE DISTRICT REALTY

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Pawel Parafianowicz

Broker of Record | License ID: 9552256

+1(416) 508-5667

243 Niagara ST Toronto C01, ON M6J 2L7

Pawel Parafianowicz

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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243 Niagara ST