246 Niagara Street, Toronto, ON

$949,988
MLS#:C9400236
3 beds
2 baths
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Niagara. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $949,988 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Premium 15.5 x 80 ft lot size
  • Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: None
  • Efficient forced air heating via gas

Description

Location! Location! Location! Calling all investors, handymen, renovators, and future homeowners! This is a fantastic opportunity to renovate and design a residence that embodies all the luxurious finishes for modern living. With this property, you have a blank canvas to craft your dream home. It boasts a spacious floor plan, complete with a separate entrance and a finished basement. A short walk to Trinity Bellwoods Park, Queen St W, King St W, shops, restaurants, and public transportation.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 14, 2024
Sold price information is available to members only
Listed Date10/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementSeparate Entrance, Finished
Lot Size15.5 × 80 Feet
CountyToronto
Annual Tax$6,459.06
Legal DescriptionPT LT 92-93 PL 148 TORONTO AS IN CT652522; CITY OF TORONTO

Parking & Garage

Parking Spaces0.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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246 Niagara Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 246 Niagara Street, Toronto C01, ON M6J 2L4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$69,999 (7.4%)
* Minimum Canadian down payment required for this price is $69,999.
Amortization Period25 Years
Estimated Monthly Payment$5,244Based on a loan of $879,989 over 25 years.
Purchase Price$949,988
Loan Amount$879,989
Provincial Land Transfer Tax:$15,475
Toronto Municipal Land Transfer Tax:$15,475
Total Estimated Closing Taxes:$30,950

About Purchasing a Home in Toronto, ON

For a property listed at $949,988 in Toronto, the legal minimum down payment is $69,999 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,475 also applies, bringing the total estimated land transfer taxes to $30,950.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Niagara, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$797,304

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Niagara Street
PublicNiagara Street, Toronto, Ontario, M5V 2P7
8.1
Givins/Shaw
Public49 Givins Street, Toronto, Ontario, M6J 2X5
6.3
Charles G Fraser
Public79 Manning Avenue, Toronto, Ontario, M6J 2K6
9.0
The Waterfront
Public635 Queens Quay West, Toronto, Ontario, M5V 3G3
6.6
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9
Parkdale
Public209 Jameson Avenue, Toronto, Ontario, M6K 2Y3
6.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.