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MLS® C14031006
West Queen West, Toronto, ON
Welcome to a rare opportunity in one of downtown Toronto's most coveted addresses - an M5V postal code, no less! Tucked into the heart of the city, this Niagara St property is perfectly suited for investors or anyone ready to plant roots in a beautiful, established downtown neighbourhood. The main entrance offers a warm and inviting introduction to what could easily serve as your primary residence, while the basement level brings serious income potential to the table. With both a front and back separate entrance, this lower level is ideally set up to become its own self-contained unit - helping offset renovation costs or generate steady rental income from day one. Step outside and discover a charming, sun-dappled backyard, shaded by the natural grace of mature trees. It's a peaceful little escape that feels worlds away from the bustle of the city, even though you're right in the middle of it. A private parking spot at the rear of the building means your car stays protected from the elements - no more scraping snow off the windshield on a cold Toronto morning. And here's where things get even more exciting: with laneway units now permitted in the city, that same parking spot presents the opportunity to build a second income-generating unit. Whether you're looking to add long-term rental income, create a space for extended family, or simply maximize the property's value, the potential here is significant. Location doesn't get much better than this. You're just steps from 1 Hotel Toronto and Stack't Market, with Old York Tavern nearby for a great night out. A cosmetic medical clinic is also coming soon just across the street, and The Well is only moments away - bringing even more shopping, dining, and lifestyle amenities right to your doorstep. Add in countless parks and restaurants throughout the neighbourhood, and you have a location that truly has it all. This home truly deserves to be seen in person.
Broker
THE AGENCY
Neighbourhood
West Queen West
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Att/Row/Townhouse
87 Niagara Street Toronto
West Queen West
Type
Att/Row/Townhouse
Basement
Finished with Walk-Out
Parking
Other (1)
Property Tax
~$9,499/yr
Heating
Baseboard
Buying Essentials
Square Feet
1300 sqft
Facing Direction
South
Parking
Other (1)
Finances
List Price
$1,199,000
Price per SQFT
$922/sqft
Property Tax
~$9,499/yr
Property Specs
Property Type
Att/Row/Townhouse
MLS Size
1300 sqft
Basement
Finished with Walk-Out
Living & Amenities
Heating Type
Baseboard
Features
In-Law Capability · Accessory Apartment
Policies & Utilities
Neighbourhood
West Queen West
Listed On
Oct 14, 2026
Days on Market
Current: 25 days
Open Concept, Combined w/Dining, Hardwood Floor
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Open Concept, Combined w/Living, Hardwood Floor
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Walk-Out
—
Large Window
—
Large Window
—
Large Window
—
Open Concept
—
Walk-Out
—
Rooms
8
Listed Room Area
—
Source
Estimated from MLS room dimensions
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