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$5,500,000

9 Beds 9 Baths 3,500 SQFT 0.00 Acres
Type: Multi-Family

243 NIAGARA STREET
Toronto (Niagara), ON M6J2L7

MLS#: C13158784
Dean Aronovici
Dean Aronovici
Condo Digs
Sales Representative
Phone: 647.417.9995
Office: 647.417.9995
Presented by: HOMELIFE DISTRICT REALTY

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. (id:7434)


 

Interior Features

Bedrooms

Bedrooms8+1

Other Interior Features

Basement DevelopmentFinished
Basement TypeN/A (Finished)
Building Fireplace PresentTrue
Building Heating FuelNatural gas
Building Heating TypeForced air
Living Area Range3,500 sqft

General

Building Age6 to 15 years
Building AmenitiesFireplace(s)
Building Cooling TypeCentral air conditioning
Building TypeFourplex
CommunityNameNiagara
Foundation TypePoured Concrete
Location DescriptionKing St W And Niagara
Parking Space Total6
Property TypeMulti-family

Exterior

Exterior FinishStucco
SewerSanitary sewer

Additional Details

  

Similar Properties

$5,500,000

9 Beds 9 Baths 3,500 SQFT 0.00 Acres
Type: Multi-Family

243 NIAGARA STREET
Toronto (Niagara), ON M6J2L7

MLS#: C13158784
Dean Aronovici
Dean Aronovici
Condo Digs
Sales Representative
Phone: 647.417.9995
Office: 647.417.9995
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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