Description

 Price: $ 5,500,000.00 MLS^®: C13158784         Location : 243 Niagara Street, Toronto C01, ON M6J 2L7

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 Description

King St W And Niagara

Property Details

• Community: Niagara
• Property Type: Tenant/Residential Freehold
• Bedrooms: 9
• Bath: 9
• Garages: Detached

Building Features

• Foundation Type: Poured Concrete
• Construction Material: Other-Stucco (Plaster)
• Total Parking Space: 6

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,