87 Niagara Street

As stated by the MLS®, nothing inferred.

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$537,000

Below recent sales

705 King Street W, Unit 1603

1+1 bed · 1 bath·700-799 sq ft·1 parking·$753/mo fee

Toronto

Listed 2 days ago · Royal LePage Real Estate Associates

Condo Apartment

$559,000

Above recent sales

38 Stewart Street, Unit 802

1 bed · 1 bath·500-599 sq ft·1 parking·$645/mo fee

Toronto

Listed 2 days ago · Sage Real Estate Limited

Condo Apartment

$749,000

Above recent sales

629 King Street W, Unit 1022

1+1 bed · 2 bath·800-899 sq ft·1 parking·$901/mo fee

Toronto

Listed 2 days ago · Valery Real Estate Inc.

• Listing states: renovated (2025)

Condo Apartment

$1,249,900

Above recent sales

629 King Street W, Unit 1410

2 bed · 2 bath·1000-1199 sq ft·1 parking·$1,184/mo fee

Toronto

Listed 2 days ago · RE/MAX Hallmark Realty Ltd.

Condo Apartment

$574,999

Above recent sales

525 Adelaide Street W, Unit 1623

2 bed · 2 bath·600-699 sq ft·1 parking·$507/mo fee

Toronto

Listed 1 day ago · Right At Home Realty

Condo Apartment

$560,000

Above recent sales

85 Queens Wharf Road, Unit 4210

1 bed · 1 bath·500-599 sq ft·$504/mo fee

Toronto

Listed 2 days ago · Century 21 Atria Realty Inc.

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.