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Toronto, ON, Canada
List price
$1,199,000
Why This Property?
This 1,500 sq. ft. Niagara townhouse has three bedrooms, two bathrooms, parking and a basement with separate front and rear entrances. A mature-tree-shaded backyard adds outdoor space. Stanley Park, Victoria Memorial Square and the King West strip are among the neighbourhood’s named destinations.
Facts & Features
Highlights
- parking
- basement
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full: 2
- Half: 0
Living Area
- 1,500–1,500 sqft
Stories
Lot size
- N/A — Condo
Year built
- 0
Property type
- Townhouse
Standard status
- Active
Cooling
Heating
View
Utilities
Water / Sewer
About This Property
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.
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MLS® TRREB · Listing #C14031006
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