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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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243 Niagara Street Toronto C01
For SaleWest Queen West

243 Niagara Street Toronto C01, Fourplex for Sale

MLS® C13158784

West Queen West, Toronto, ON

169 days on market
$5,500,000
Show on Map
Show on Map
9Beds
9Baths
4,250Sqft
6Parking
Fourplex

Overview· 243 Niagara Street Toronto

MLS® #C13158784

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.

Broker

HOMELIFE DISTRICT REALTY

Neighbourhood

West Queen West

Walk 97Avg $921KArea guide

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Walk Score®96Walker's ParadiseWalker's Paradise
Transit Score®95Rider's ParadiseRider's Paradise
Bike Score®91Biker's ParadiseBiker's Paradise
Schools9423 schools within 1.5 km · nearest 250 m23 schools within 1.5 km · nearest 250 m
Parks8510 parks within 1 km · nearest 446 m10 parks within 1 km · nearest 446 m
Convenience8942 groceries, cafes and pharmacies within 1 km · nearest 155 m42 groceries, cafes and pharmacies within 1 km · nearest 155 m
Safety54Safer than 54% of Toronto neighbourhoods (2025)West Queen West: 1,313 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 243 Niagara Street Toronto

Source: MLS® listing data
243 Niagara Street Toronto

Fourplex

243 Niagara Street Toronto

West Queen West

Built

6-15

Type

Fourplex

Basement

Finished

Parking

Detached (6)

Property Tax

~$19,900/yr

Heating

Forced Air

Buying Essentials

Square Feet

4250 sqft

Facing Direction

West

Parking

Detached (6)

Finances

List Price

$5,500,000

Price per SQFT

$1,294/sqft

Property Tax

~$19,900/yr

Property Specs

Property Type

Fourplex

MLS Size

4250 sqft

Age of Building

6-15

Basement

Finished

Living & Amenities

Heating Type

Forced Air

Features

Other

Policies & Utilities

Neighbourhood

West Queen West

Listed On

May 21, 2026

Other

Price & Listing History

Days on Market

Current: 169 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$22,122/mo
Property Tax$1,658/mo
Total Monthly$23,780

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0