PROPERTY DETAILS

173-175 Madison Avenue,

Toronto, Ontario M5R 2S6

$5,999,000
14
15
7

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:29237)

Property Details
MLS® Number C13458602
Property Type Multi-family
Building Type Other
Storeys 3
Community Name Annex
Land Size 49.2 x 126 FT
Parking type No Garage
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Location
Building
Basement Features Apartment in basement
Basement Type N/A
Bathrooms (Total) 15
Bedrooms - Above Grade 14
Cooling Central air conditioning
Exterior Finish Brick
Heating Fuel Electric
Heating Type Forced air
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June 26 2026 10:33:01

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