173-175 MADISON AVENUE, Toronto (Annex)

2026-06-18
 

Quick Summary

Location
173-175 MADISON AVENUE, Toronto (Annex), Ontario M5R2S6
Price
$5,999,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
3500 - 5000 sqft
Bedrooms:
14
Bathrooms:
15
Garages:
7

MLS®#C13458602

Property Description

Rare Investment Opportunity in the Annex - Two semi-detached homes offered together and thoughtfully converted into a substantial 3.5-storey, 7-unit multiplex. The property comprises one spacious 3-bedroom, 3-bathroom suite and six well-appointed 2-bedroom, 2-bathroom suites, each featuring ensuite laundry. Hydro and gas are separately metered, providing operational efficiency and convenience. Featuring tall ceilings and exceptional scale, the combined buildings form one of the largest residential structures in the Annex. Situated at the end of a laneway, the property offers the rare advantage of 7 on-site parking spaces. Stable rental income, presenting an attractive opportunity for investors. Alternatively, its remarkable size and configuration offer future potential for conversion into an extraordinary single-family residence. As a designated heritage property, ownership may be eligible for reduced property taxes and municipal financial assistance programs that support the preservation and maintenance of the building's exterior. (id:32467)

Property Features

Building

  • Basement Features: Apartment in basement
  • Basement Type: N/A
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace: Yes
  • Interior Size: 3500 - 5000 sqft
  • Building Type: Other
  • Stories: 3
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size

Land

  • Land Size: 49.2 x 126 FT
  • Sewer: Sanitary sewer

Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2026-06-26 22:33:01


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$500,000

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