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43.73° N · 79.40° W — Toronto & nearby · 9,743 homes for sale today43.73° N · 79.40° W — 9,743 homes today(647) 554-7436Saved

43.6441° N · 79.4091° W — Niagara, Toronto — MLS® #C13158784

243 Niagara St

$5,500,000

Niagara, Toronto, Ontario M6J 2L7

8+1
BedroomsBeds
9
BathroomsBaths
3500-5000 sqft3500-5000
SizeSq ft
19.91 x 105.83 ft
Lot sizeLot

Inquire about this listing

ToShemeer AhmadVALERY REAL ESTATE INC.
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In short · from the listing record

243 Niagara St is an 8+1-bedroom, 9-bathroom fourplex in Niagara, Toronto, listed for sale at an asking price of $5,500,000 (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.

Listing readings

How it measures up

Scores from the listing record and the market around it.

  • 73Good

    Condition score

    1 documented update signal

    Listing age, structured features and disclosed update language; not an inspection.

  • 10Shortfall

    Cash flow quality

    −$13,300/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Median of 6 homes with 9 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The data table

Every fact

Everything the board publishes for this home.

Tax
$19,900 / 2025
MLS® number
C13158784
Board
TRREB MLS®
Property Type
Fourplex
Building Age
6-15
Time on market
Size
3500-5000 sqft
Lot Size
19.91 x 105.83 ft
Listed on
Parking
3 Detached, 6 Parking

Listing history

Listing activity for 243 Niagara St, Toronto, Ontario

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$5,500,000N/AFor SaleC13158784

Inside

Room by room

Property

Property Type
Fourplex
Style
Other
Community
Niagara
Municipality
Toronto

Building

Size
3500-5000 sqft
Building Age
6-15
Construction
Other

Inside

Bedrooms
8+1
Bathrooms
9
Bathroom Details
2 × 4pc Main, 2 × 4pc 2nd, 2 × 4pc 3rd, 2 × 4pc Upper, 1 × 4pc Bsmt
Basement Type
Finished
Kitchens
4

Parking

Driveway
Private
Garage Type
Detached
Garage
3
Additional Parking
3
Total Parking
6

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
19.91 ft
Depth
105.83 ft
Lot Size
19.91 x 105.83 ft

Where it sits

The street and the area

Asking prices on the map.

Map and tour

Transit nearby

StationLinesDistance
Exhibition GOGO Transit train: Lakeshore West1.2 km
Osgoode StationTTC subway: Line 1 Yonge-University1.9 km
St Andrew StationTTC subway: Line 1 Yonge-University2 km
St Patrick StationTTC subway: Line 1 Yonge-University2 km
Queen's Park StationTTC subway: Line 1 Yonge-University2.3 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Site report

What the record says

What the City and the conservation authority have on file for this address.

  • Heritage and ravineNone foundNot found on the Heritage Register
  • Heritage and ravineNone foundNot in a mapped Heritage Conservation District
  • Heritage and ravineNone foundNot in the mapped ravine protection area
  • ZoningR (d1.0) (x869)Residential zone (R) · Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(869)
  • Permits3 clearedBuilding Permit Related(PS) Issued January 28, 2016 · Multiple Projects Issued January 28, 2016 · Building Permit Related(MS) Issued January 28, 2016
  • Signals nearby6 to note230 NIAGARA ST, Site plan, 40 m away · 788 KING ST W, Official plan or zoning amendment, 210 m away · 786 KING ST W, Official plan or zoning amendment, 230 m away · 782 KING ST W, Official plan or zoning amendment, 240 m away · 780 KING ST W, Official plan or zoning amendment, 240 m away · 115 STRACHAN AVE, Site plan, 260 m away
  • ca regulatedNone in rangeNot in Toronto and Region Conservation Authority’s mapped regulated area
  • provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
  • wetlandNone in rangeNo mapped wetland within 120 m
  • aggregateNone in rangeNo licensed pit or quarry within 2 km
  • wellsNone in rangeNo recorded oil, gas or salt well within 250 m
  • railOn recordNearest rail line: 430 m
  • trailOn recordA trail on the Ontario trail network within 1 km
  • permitsOn record102 building permits issued within 250 m in the last 2 years
  • devappsOn record5 open development applications within 250 m An application is a proposal: it may change, be refused or never be built.
  • airportOn recordNearest airport: 1.6 km
  • parcelOn recordMapped parcel: about 1,970 sq ft Measured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
  • water wellsNone in rangeNo water-supply well recorded within 250 m 27 test or monitoring holes also recorded.
  • npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is City of Toronto — 1116 King Street West, 1.4 km away. Only facilities above the inventory’s reporting thresholds are listed.
  • fcsiOn record1 federal contaminated site within 1 km All of them are closed. The federal inventory covers federal land only, not provincial or private sites.
  • electricityOn recordElectricity is distributed here by Toronto Hydro-Electric System Limited
  • internet speedOn recordWired internet 50/10 Mbps or faster is listed at this location Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
  • broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.

None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Toronto and Region Conservation Authority or the record’s publisher.

City of Toronto Open Data and zoning map, read at this address. Contains information licensed under the Open Government Licence – Toronto. City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.

Lot

Lot area
2,107 sq ft196 m²
Street frontage
19.91 ft6.1 m
Depth
105.83 ft32.3 m
19.91 × 105.83 ftNIAGARA ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land transfer tax on this home

Ontario land transfer tax
$123,975
Toronto municipal land transfer tax
$168,975
Total land transfer tax
$292,950
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$284,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $2,000,000
$32,000
2.5% from $2,000,000 to $5,500,000
$87,500
Ontario total
$123,975

Toronto’s municipal tax has its own higher brackets at this price, so it adds $168,975.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Schools

Nearest schools

Straight-line distances. Check catchments with the board.

ElementaryEQAO average 2024–25

  • Niagara Street Junior Public SchoolToronto DSBPublic · grades JK–695%Grade 6 average50 m
  • St Mary Catholic SchoolToronto CDSBCatholic · grades JK–8 · French Immersion75%Grade 6 average400 m
  • Charles G Fraser Junior Public SchoolToronto DSBPublic · grades JK–687%Grade 6 average500 m
  • École élémentaire Pierre-Elliott-TrudeauConseil scolaire ViamondeFrench-language public · grades JK–694%Grade 6 average1 km

SecondaryGrade 9 math 2024–25

  • Msgr Fraser College (Southwest)Toronto CDSBCatholic · grades 9–12—1 km
  • City SchoolToronto DSBPublic · grades 9–12—1.3 km
  • Heydon Park Secondary SchoolToronto DSBPublic · grades 9–128%Grade 9 math1.7 km
  • ÉSC Saint-Frère-AndréConseil scolaire catholique MonAvenirFrench-language Catholic · grades 9–1269%Grade 9 math2.7 km

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Searches this home is in

Keep looking

The ledger

What it costs to own

Worked out for this home. Change any number.

Price$5,500,000

A month, all in

$26,750

  • Mortgage$25,092
  • Property tax$1,658

A planning figure, not a quote.

Land transfer tax

$292,950

$284,475 for first-time buyers; Toronto adds its own tax.

Rent, similar homes

$13,450

a month, median asking rent of 6 similar homes in Toronto.

Community

Who lives around it

Similar homes

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Shemeer Ahmad

Shemeer AhmadVALERY REAL ESTATE INC.

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(647) 554-7436

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