87 Niagara Street Toronto, Ontario M5V 1C9

$1,199,000

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. (id:55460)

Property Details

MLS® Number	C14031006
Property Type	Single Family
Neigbourhood	West Queen West
Community Name	Niagara
Parking Space Total	1

Building

Bathroom Total	2
Bedrooms Above Ground	3
Bedrooms Below Ground	1
Bedrooms Total	4
Basement Development	Finished
Basement Features	Walk Out
Basement Type	N/a (finished)
Construction Style Attachment	Attached
Cooling Type	Central Air Conditioning
Exterior Finish	Vinyl Siding, Brick
Flooring Type	Hardwood
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters
Stories Total	3
Size Interior	1,100 - 1,500 Sqft
Type	Row / Townhouse
Utility Water	Municipal Water

Parking

Other
No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	100 Ft ,1 In
Size Frontage	16 Ft ,2 In
Size Irregular	16.2 X 100.1 Ft
Size Total Text	16.2 X 100.1 Ft

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Primary Bedroom			Measurements not available
Second Level	Bedroom 2			Measurements not available
Second Level	Bedroom 3			Measurements not available
Lower Level	Office			Measurements not available
Lower Level	Kitchen			Measurements not available
Main Level	Living Room			Measurements not available
Main Level	Dining Room			Measurements not available
Main Level	Kitchen			Measurements not available

https://www.realtor.ca/real-estate/30399420/87-niagara-street-toronto-niagara-niagara