119 Niagara Street

Introducing a remarkable opportunity with this Multi-Family Home for sale in Toronto , located at 119 Niagara Street, Toronto. This prime downtown property is rarely offered and boasts a large detached two-car garage, a highly sought-after feature in the bustling city. Ideally situated just steps away from the Well, BMO Field, and the vibrant downtown core, this home presents an exceptional chance for both homeowners and investors alike.

As you approach 119 Niagara Street, Toronto, you will immediately notice the charming brick exterior of this two-storey multiplex. The property features a bright and spacious layout, comprising a total of nine rooms, including four generously sized bedrooms and two well-appointed bathrooms. The absence of a den and family room allows for a more open living space, perfect for those who appreciate a minimalist approach. The finished basement adds an extra layer of versatility, providing a luxury suite with a walk-out that is ideal for extended family, guests, or even as a source of additional income potential.

This Multi-Family Home for sale in Toronto is equipped with two kitchens, offering ample storage and functional space for everyday living and entertaining. The central air conditioning ensures comfort throughout the warmer months, while the forced air heating system keeps the home cosy during the cooler seasons. It is important to note that this property does not include a pool or fireplace, but the modern amenities and thoughtful layout more than compensate for these features.

Set on a lot measuring 16 by 100 feet, the property includes a detached garage with space for two vehicles, accessible via a lane driveway. While there is no additional land or parking space available, the prime location at 119 Niagara Street, Toronto, makes up for it with its proximity to various amenities. The surrounding area is bustling with exciting new developments and thriving communities, providing incredible long-term upside for potential buyers.

Living at 119 Niagara Street, Toronto, means you are just a short walk away from Stackt Market, numerous parks, and excellent public transit options. The vibrant downtown area is home to top restaurants, entertainment venues, and all the amenities one could desire. This location is particularly appealing for end users and professionals seeking the convenience of downtown living, as well as for investors looking to capitalise on the strong rental demand in one of Toronto's most rapidly growing neighbourhoods.

This Multi-Family Home for sale in Toronto is an ideal opportunity for those who appreciate the dynamic lifestyle that downtown living offers. The possibility of vacant possession, if needed, adds to the appeal, allowing for a seamless transition for new owners. With its spacious layout, modern features, and prime location, this property is a must-see for anyone looking to invest in Toronto's real estate market.

In summary, 119 Niagara Street, Toronto, is a rare find that combines comfort, convenience, and potential. The bright and spacious design, coupled with the strategic location in the Niagara community, makes this Multi-Family Home for sale in Toronto an exceptional choice for a variety of buyers. Whether you are an end user seeking a vibrant urban lifestyle or an investor looking for a property with strong rental prospects, this home is sure to meet your needs. Don’t miss out on the chance to own a piece of prime downtown real estate at 119 Niagara Street, Toronto.

Niagara, nestled within the vibrant city of Toronto, is a dynamic and diverse neighbourhood that offers a unique blend of urban living and natural beauty. Bordered by the stunning waterfront of Lake Ontario, it boasts picturesque parks and scenic trails, perfect for leisurely strolls or cycling. The area is known for its rich cultural tapestry, featuring a variety of restaurants, cafes, and shops that reflect the eclectic mix of residents. With easy access to public transport and proximity to downtown Toronto, Niagara provides a convenient yet tranquil escape from the hustle and bustle of city life, making it an appealing choice for those seeking a lively yet serene environment.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Just 0.2 km away is Niagara Street Junior Public School, a well-rated elementary school (7.4) offering grades JK to 6. For older students, Harbord Collegiate Institute, a secondary school with an impressive rating of 8.8, is located 1.8 km away. Additionally, St. Mary Catholic School, which offers both English and French programs for grades JK to 8, is only 0.4 km from the property, providing a strong Catholic education option with a rating of 5.7. There are also other nearby schools such as the Downtown Vocal Music Academy and Ryerson Community School, although their ratings vary, with the latter offering a French curriculum. For high school students, St. Joseph's College School is a Catholic institution located 2.7 km away, rated at 7.6. Overall, the area boasts a diverse range of educational options, ensuring that families can find suitable schooling for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 366 residents, characterized by an average household size of 2.2 individuals. The demographic profile reveals an average age of 41.5 years, indicating a mature community. With an impressive average household income of $186,000, the economic landscape appears robust, though 11% of the population is classified as low-income. The real estate market reflects this affluence, with an average property price of $1,420,000. The community exhibits a balanced social structure, with 50% of residents being single and 43.75% living in households with children. Notably, 25% of the population consists of immigrants, contributing to the area's cultural diversity. Renters make up a significant portion at 43.24%, while there are no condominiums present. Education levels are high, with 63.38% of residents holding a college or university degree, though 18.31% are not actively participating in the labor force. This demographic snapshot paints a picture of a well-educated, affluent community with a mix of families and single individuals, making it an attractive location for potential homebuyers and investors alike.