Salehian.com 647-325-5000

87 Niagara Street

Niagara, Toronto, M5V 1C9

$1,199,000

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  • 3+1 bedrooms
  • 2 bathrooms
  • 1 parking
  • 1100-1500 sq ft

Listed 6 days ago · MLS® C14031006

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.

Details

Type
Att/Row/Townhouse
Style
3-Storey
Size
1100-1500 sq ft
Lot
16.19 × 100.14 ft
Basement
Finished with Walk-Out
Garage
Other
Kitchens
2
Property tax
$9,499 (2026)
Neighbourhood
Niagara
Municipality
Toronto C01
Price per sq ft
$922 (35% above freehold townhouses in Toronto, $685)

Interior

Bedrooms
3 above ground + 1 below
Bathrooms
1 × 4-piece (second), 1 × 3-piece (lower)
Rooms
6 above ground
Family room or den
No
Fireplace
No
Features
In-Law Capability, Accessory Apartment

Heating, cooling and services

Heating
Baseboard, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Vinyl Siding, Brick
Roof
Tar and Gravel, Tile
Foundation
Concrete
Faces
South

Parking

Garage spaces
1
Total parking
1

Lot

Size
16.19 × 100.14 ft

More

Possession
Immediate
Cross street
Niagara St/Bathurst St

Rooms

RoomLevelSizeFeatures
Living RoomMainOpen Concept, Combined w/Dining, Hardwood Floor
Dining RoomMainOpen Concept, Combined w/Living, Hardwood Floor
KitchenMainWalk-Out
Primary BedroomSecondLarge Window
Bedroom 2SecondLarge Window
Bedroom 3SecondLarge Window
OfficeLowerOpen Concept
KitchenLowerWalk-Out

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 St. Andrew Subway1.6 km
  • 🚇 Osgoode Subway1.7 km
  • 🚆 Exhibition GO1.4 km

Within a 10-minute walk: 14 grocery stores, 206 cafés and restaurants, 30 parks, 12 pharmacies. Nearest grocery: Farm Boy (150 m). Nearest park: Victoria Memorial Square (300 m).

Schools nearby

Elementary

  • Niagara Street Junior Public School
    EQAO: Gr 6 reading 100%, math 84%    7 min walk
  • St. Mary Catholic School Catholic
    EQAO: Gr 6 reading 100%, math 38%    8 min walk
  • ALPHA Alternative Junior School10 min walk
  • Jean Lumb Public School
    EQAO: Gr 6 reading 93%, math 65%    11 min walk

Secondary

  • Oasis Alternative Secondary School10 min walk
  • City School
    EQAO: literacy test 58%    12 min walk
  • Downtown Vocal Music Academy of Toronto Private17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5V

Owners / renters
42% / 58%
Median household income
$91,000
Average age
35
Children under 15
6%
Homes
0% detached, 97% high-rise
Commute by transit
23%
Population
59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in West Queen West (2025): 24% below the Toronto average, down 16% from the year before.

  • Assault23% below average
  • Break and enter37% above average
  • Auto theft63% below average
  • Robbery34% below average
  • Theft from vehiclesabout average
  • Shootings21% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 21 active

  • 689 KING ST W · 250 m
    Official Plan / Zoning By-law Amendment · Application Received · applied 2026
    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…
    Application details
  • 150 QUEENS WHARF RD · 250 m
    Site Plan · Application Received · applied 2026
    The 2025 Proposal is a 37-storey tower with a total of 268 units and ~350m2 of ground floor non-residential GFA. Of the 268 units, over 50% of the units are…
    Application details
  • 539 KING ST W · 500 m
    Plan of Condominium · Under Review · applied 2025
    Draft Plan of Standard Condominium for 439 units.
    Application details
  • 71 PORTLAND ST · 400 m
    Site Plan · Under Review · applied 2024
    Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.
    Application details
  • 71 PORTLAND ST · 400 m
    Site Plan · Under Review · applied 2024
    Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.
    Application details
  • 191 NIAGARA ST · 350 m
    Site Plan · NOAC Issued · applied 2023
    A Site Plan Application to build a 3-storey addition to the existing 1-storey building for a total of 4 storeys onsite. The proposed use will be office space…
    Application details

25 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

  • 🚧 King West GO Transit300 m
  • 🚧 Chinatown 1000 m
  • 🚧 Exhibition 1.4 km · opening 2031

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 2 sources nearby

  • 🛣️ Gardiner Expressway400 m
  • 🚆 Rail line (Union Station Rail Corridor)100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Heritage Listed

This address is on Toronto’s Heritage Register: Listed. The City must get 60 days’ notice before demolition, and it can move to designate the property.

Heritage Register entry

Building permits

No building permits at this address since 2014.

1 permit on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

37 City street trees within 100 m. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by THE AGENCY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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