173-175 Madison Ave, Toronto, Ontario

Multi-Family for Sale in Toronto

173-175 Madison Ave, Toronto, ON

  • CA$5,999,000
  • 14 BEDS
  • 15 BATHS
  • CA$5,999,000

Multi-Family for Sale in Toronto

173-175 Madison Ave, Toronto, ON

  • CA$5,999,000
  • 14 BEDS
  • 15 BATHS
  • CA$5,999,000

Key Facts

  • MLS® #: C13458602
  • Property ID: SIRC3431669
  • Property Type: Residential, Multiplex
  • Interior Area¹: 3500-5000 sq.ft.
  • Lot Size¹: 49.21x126 ft.
  • Bedrooms: 14
  • Bathrooms: 15
  • Parking Spaces: 7
  • Listed By:
  • RIGHT AT HOME REALTY

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.

Listing Agents

RIGHT AT HOME REALTY

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Location

173-175 Madison Ave, Toronto, Ontario, M5R 2S6 Canada

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¹The value refers to the total area of living space within a residential structure or the property lot size. All information regarding lot or house size is deemed reliable but not guaranteed and must be verified by the purchaser. Measurement definitions may vary by region.
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