- Bedrooms
- 3+1
- Bathrooms
- 2
- Size
- 1,100–1,500sq ft
- Per sq ft
- $922at the range’s middle
- Lot
- 16.19 x 100.14 ft
- Tax a year
- $9,4992026 tax year
- Parking
- 11 other
- Days on market
- Members
The brief
About 87 Niagara St
87 Niagara St is a 3+1-bedroom, 2-bathroom freehold townhouse in Niagara, Toronto, listed for sale at an asking price of $1,199,000 (MLS® C14031006).
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.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall19/100−$2,588/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 38 townhouses with 4 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $9,499 / 2026
- MLS® number
- C14031006
- Board
- TRREB MLS®
- Property Type
- Att/Row/Twnhouse
- Days on market
- Size
- 1100-1500 sqft
- Lot Size
- 16.19 x 100.14 ft
- Listed on
- Parking
- 1 Other, 1 Parking
Property details
Property
- Property Type
- Att/Row/Twnhouse
- Style
- 3-Storey
- Community
- Niagara
- Municipality
- Toronto
Building
- Size
- 1100-1500 sqft
- Construction
- Vinyl Siding
Inside
- Bedrooms
- 3+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc 2nd, 1 × 3pc Lower
- Basement Type
- Finished with Walk-Out
- Kitchens
- 2
Parking
- Garage Type
- Other
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Baseboard
Land
- Sewer
- Sewers
- Frontage
- 16.19 ft
- Depth
- 100.14 ft
- Lot Size
- 16.19 x 100.14 ft
Additional
- Foundation
- Concrete
- Roof
- Tar and Gravel, Tile
- Fireplace
- No
- Pool
- None
- Den
- No
- Family room
- No
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 0.0 × 0.0 m | Open Concept, Combined W/Dining, hardwood floor | Main |
| Dining | 0.0 × 0.0 m | Open Concept, Combined W/Living, hardwood floor | Main |
| Kitchen | 0.0 × 0.0 m | Walk-Out | Main |
| Primary | 0.0 × 0.0 m | Large Window | 2nd |
| 2nd Br | 0.0 × 0.0 m | Large Window | 2nd |
| 3rd Br | 0.0 × 0.0 m | Large Window | 2nd |
| Office | 0.0 × 0.0 m | Open Concept | Lower |
| Kitchen | 0.0 × 0.0 m | Walk-Out | Lower |
Listing history
Buy/sell history for 87 Niagara St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,199,000 | N/A | For Sale | C14031006 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $239,800
- Total mortgage amount
- $959,200
- Total interest payment
- $682,100
- Total purchase cost
- $1,881,100
- Mortgage payment
- $5,471/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
58%Monthly carrying cost
$6,263- Rent $3,675
- Shortfall $2,588
Rental income opens at $3,675, the median asking rent of 38 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $20,455
- Toronto municipal land transfer tax
- $20,455
- Total land transfer tax
- $40,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $32,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,199,000
- $15,980
- Ontario total
- $20,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $20,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 1,621 sq ft151 m²
- Street frontage
- 16.19 ft4.9 m
- Depth
- 100.14 ft30.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m103 test or monitoring holes also recorded.250 m
- Groundwater recorded about 3 m below ground nearbyThe middle water level in the well records within 500 m (376 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 67 building permits issued within 250 m in the last 2 years250 m
- 6 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 1.1 km1.1 km
- Mapped parcel: about 31,130 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home2
- Nearest rail line: 130 m130 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is AeroMag 2000- YTZ.inc, 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- 4 federal contaminated sites within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- On the Heritage Register — Listed
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
125 NIAGARA STSite planUnder Review
Site Plan Control application for three mixed-use buildings with a total of 1,225 dwelling units and 3,370 square metres of non-residential gross floor area that are proposed to be constructed in two phases. Phase 1 is proposed to be 31 storeys (110.5 metres), and Phase 2 is proposed to be 40 storeys (130.5 metres) and 12 storeys (45.4 metres). All three buildings will have a shared two-storey below grade parking garage with a total of 401 vehicular parking spaces.
160 m away133 NIAGARA STSite planUnder Review
Site Plan Control application for three mixed-use buildings with a total of 1,225 dwelling units and 3,370 square metres of non-residential gross floor area that are proposed to be constructed in two phases. Phase 1 is proposed to be 31 storeys (110.5 metres), and Phase 2 is proposed to be 40 storeys (130.5 metres) and 12 storeys (45.4 metres). All three buildings will have a shared two-storey below grade parking garage with a total of 401 vehicular parking spaces.
170 m away689 KING ST WOfficial plan or zoning amendmentApplication Received
Proposed 30-storey mixed-use development, comprised of hotel uses on the first 13-storeys, including a restaurant and 251 hotel suites, and residential uses above, between levels 14-30, including a total of 160 purpose-built rental units.
230 m away689 KING ST WSite planUnder Review
To construct 11 and 18 storey hotel with 272 suites and a restaurant at-grade. Related applications include zoning by-law amendment application 19 115906 STE 10 OZ.
230 m away675 KING ST WSite planUnder Review
The proposed development is for a 19-storey mixed-use building with a height of approximately 67.7 metres to the top of the roof (72.0 metres to the top of the mechanical penthouse) with approximately 13,035 square metres of total gross floor area, including approximately 2,575 square metres of commercial uses containing at-grade retail and replacement of the existing office space. A total of 159 residential units are proposed. An associated Zoning By-law Amendment application (22 204199 STE 10 OZ) was approved by Council in Deember 2024 and by-law 1414-2024 in force and effect.
230 m away2 TECUMSETH STSite planUnder Review
Site Plan Control application for three mixed-use buildings with a total of 1,225 dwelling units and 3,370 square metres of non-residential gross floor area that are proposed to be constructed in two phases. Phase 1 is proposed to be 31 storeys (110.5 metres), and Phase 2 is proposed to be 40 storeys (130.5 metres) and 12 storeys (45.4 metres). All three buildings will have a shared two-storey below grade parking garage with a total of 401 vehicular parking spaces.
240 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Townhouses for sale in Niagara right now
- For sale now
- 5
- Median asking price
- $1.2M
- New in 7 days
- 0
- Price cuts
- 40%
Middle half: $1.08M to $1.25M
2 in 28 days
2 listings
This home is asking at the median.
See all homes in NiagaraAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Exhibition GO | GO Transit train: Lakeshore West | 1.4 km |
| St Andrew Station | TTC subway: Line 1 Yonge-University | 1.6 km |
| Osgoode Station | TTC subway: Line 1 Yonge-University | 1.7 km |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1.9 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 1.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Mary Catholic SchoolToronto CDSB | Catholic · grades JK–8 · French Immersion | 500 m | 75%Grade 6 average |
| Niagara Street Junior Public SchoolToronto DSB | Public · grades JK–6 | 500 m | 95%Grade 6 average |
| Bishop Macdonell Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 750 m | 84%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.5 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| City SchoolToronto DSB | Public · grades 9–12 | 800 m | — |
| Msgr Fraser College (Southwest)Toronto CDSB | Catholic · grades 9–12 | 1.5 km | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 1.7 km | 8%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 3.1 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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