$1,199,000
 $6,436 est/mo Sourced by Back At You

87 Niagara Street,Toronto (Niagara), ON M5V1C9

Toronto (Niagara), ON M5V1C9

Share:

Description

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:13843)

Details

MLS #C14031006
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site26
Listing Provided ByTHE AGENCY | VERONICA HARRIS

Features

Bed(s)4
Bath(s) 2 Total
SQ Feet1,100
BasementY
Story(s)3

Interior

CoolingCentral air conditioning
HeatingBaseboard heaters, Natural gas
Fireplace Yes / NoNo

Exterior

Foundation DetailsConcrete

Parking

Parking FeaturesOther, No Garage
Parking Total1

Utilities

SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount9498.65

Area Information

ProvinceON
CityToronto (Niagara)
Postal CodeM5V1C9
Listing VS Median (in M5V1C9)
Price:
$1,199,000
low | high
Med:
$2,647,000
70.767306088407% of Average
sqft:
1,100
low | high
Med:
3,550
100% of Average
$ / sqft:
$1,090
low | high
Med:
$960
61.881428968585% of Average
On site:
26
low | high
Med:
128
20.3125% of Average
Sourced by Back At You

Request a showing

Request a showing

Contact


Additional Information


Showing Information


Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Sutton at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.

Contact

Learn More About This Property

ProvinceON
CityToronto (Niagara)
Postal CodeM5V1C9
Listing VS Median (in M5V1C9)
Price:
$1,199,000
low | high
Med:
$2,647,000
70.767306088407% of Average
sqft:
1,100
low | high
Med:
3,550
100% of Average
$ / sqft:
$1,090
low | high
Med:
$960
61.881428968585% of Average
On site:
26
low | high
Med:
128
20.3125% of Average
Sourced by Back At You
Listing Updated: October 15, 2026 at 9:56:42 AM PDT