$1,450,000

For saleJust listed

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121 Niagara Street, Toronto (Niagara) - Single Family for Sale

121 Niagara Street, Toronto (Niagara), Ontario, M5V1C7

7 beds3 baths2 parking

#1405 30 Ordnance Street, Toronto (Niagara), Ontario, M6K1A2

1 bd1 ba550 ft²

Listed by RE/MAX WEST REALTY INC.

153 Strachan Avenue, Toronto (Niagara), Ontario, M6J2S8

For sale

8 days ago

$1.98M

153 Strachan Avenue, Toronto (Niagara), Ontario, M6J2S8

1 bd1 ba2 pk350 ft²Lot size 24 × 120 ft (2,892 sq ft)

Listed by HARVEY KALLES REAL ESTATE LTD.

758 Richmond Street West, Toronto (Niagara), Ontario, M6J1C5

For sale

12 days ago

$1.30M

758 Richmond Street West, Toronto (Niagara), Ontario, M6J1C5

4 bd3 ba1 pk1,300 ft²Lot size 15 × 98 ft (1,463 sq ft)

Listed by WEISS REALTY LTD.

87 Niagara Street, Toronto (Niagara), Ontario, M5V1C9

For sale

21 days ago

$1.20M

87 Niagara Street, Toronto (Niagara), Ontario, M5V1C9

4 bd2 ba1 pk1,300 ft²Lot size 16 × 100 ft (1,622 sq ft)

Listed by THE AGENCY

Investment analysis

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$1,450,000

Toronto

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Description

Rare King West semi on a quiet street, steps to Trinity Bellwoods, Stackt Market and King West dining. Duplex totalling to approx. 2,631sf with two kitchens, three renovated baths and a finished lower level with its own walk-out. Detached two-car garage off the rear lane. Currently tenanted month-to-month, offering flexibility for an end-user or investor with excellent future development potential. Wonderful long term investment in one of Toronto's most vibrant and desired neighborhoods. (id:66096)

Property Details

MLS®: C14126540
Property Type: Single Family
Bedrooms: 7
Beds (above / below): 6 above · 1 below
Bathrooms: 3
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 17 × 100 ft (1,720 sq ft)
Frontage: 17 ft
Storeys: 2
Basement: Finished, Walk out, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $7,300/yr
Listed: 7 days ago

Rooms

Main level

Sunroom: 3.43 x 2.46 meters
Living room: 3.61 x 3.58 meters
Bedroom: 2.9 x 4.1 meters
Family room: 2.9 x 18.2 meters

Basement

Kitchen: 3.45 x 5.61 meters
Office: 2.95 x 3.25 meters
Recreational, Games room: 4.29 x 5.13 meters
Furnace: 1.5 x 5.08 meters

Second level

Kitchen: 3.45 x 3.38 meters
Bedroom: 2.95 x 5.56 meters
Bedroom: 3.95 x 3.56 meters
Office: 1.7 x 3.13 meters

Upper Level

Bedroom: 4.75 x 4.24 meters
Office: 4.75 x 2.72 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

Toronto (Niagara) listings, avg age

49d

Price / ft²

$1,115

List price

$1.45M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (M5V)

This home lists at $1,450,000, about 15.9× the local median household income of $91,000.

Carrying it typically needs a household income of about $283,236 (20% down, 25-yr amortization, stress-tested) — roughly 211% above the area median.

Median household income: $91,000
Population: 59,912
Median age: 32
Owner / renter: 42% / 58%
Avg. household size: 1.6

Source: Statistics Canada, 2021 Census (FSA M5V)

$1,450,000· $1,115/ft²

For sale

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Full Cost Breakdown

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Down Payment8.28% · $120,000

Min 8.28%50%

Mortgage payment$7,374/mo

↳ CMHC premium ($53,200 capitalized)

Property tax (est.)$608/mo

Total monthly$7,982

Cash Needed to Close

Down payment (8.28%)$120,000

Land transfer tax$50,950

Est. closing costs$6,850

Total cash needed$177,800

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121 Niagara Street, Toronto (Niagara) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M5V)

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