For sale · Att/Row/Townhouse · 3-Storey
87 Niagara Street.
Niagara, Toronto, ON M5V 1C9
Balanced market
House market in Niagara. Sales and new listings are roughly in step, so neither side has a clear edge. Homes here sell in about 16 days. Market data
Sales-to-new-listings ratio, last 3 months: 43%
Months of supply: 3.3
What it means
- Balanced market in Niagara: houses take about 16 days to sell.
- About 3.3 months of houses for sale in Niagara at the current pace of sales.
At a glance
About this home
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.
Home details
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The homeproperty type, style, size, heating
- Property type
- Att/Row/Townhouse
- Style
- 3-Storey
- Size
- 1,100–1,500 sq ft
- Heating
- Baseboard
- Cooling
- Central Air
- Basement
- Finished with Walk-Out
- Lot size
- 16.19 × 100.14 feet
- Possession
- October 5, 2026
Parking and storageparking, garage
- Parking
- 1
- Garage
- Other
Fees and taxesproperty taxes, price per sq ft
- Property taxes
- $9,499 (2026)
- Price per sq ft
- $922
Rooms8 rooms with sizes
| Room | Level | Size | Features |
|---|---|---|---|
| Primary Bedroom | Second | Large Window | |
| Kitchen | Main | Walk-Out | |
| Bedroom 3 | Second | Large Window | |
| Office | Lower | Open Concept | |
| Dining Room | Main | open concept · combined w/living · hardwood floor | |
| Living Room | Main | open concept · combined w/dining · hardwood floor | |
| Kitchen | Lower | Walk-Out | |
| Bedroom 2 | Second | Large Window |
What it could cost each month
— a month, estimated
With 20% down. Includes property tax. Estimate only.
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- Mortgage—
- Mortgage insurance (added to loan)—
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Down payment —. Estimate only, using Canadian semi-annual compounding; your lender's numbers will differ.
How this price compares
Members8 similar townhouses sold in Niagara in the last 12 months.
Sales activity nearby
Number of similar townhouses sold each quarter.
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Sale and listing history
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The area
Listing brokerage · MLS® C14031006The AgencyData last updated Oct 15, 2026 3:45 pm.
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