173-175 Madison AVE, Toronto C02, ON M5R 2S6
173-175 Madison AVE, Toronto C02, ON M5R 2S6
173-175 Madison AVE, Toronto C02, ON M5R 2S6
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$5,999,000
Est. payment /mo
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14 Beds
15 Baths
Active

173-175 Madison AVE Toronto C02, ON M5R 2S6

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Kenneth Yim

Kenneth Yim

+1(416) 906-0080

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Municipality Toronto C02

Subdivision Annex

MLS Listing ID C13458602

Style 3-Storey

Bedrooms 14

Annual Tax Amount $22,003

Tax Year 2026

Property Sub-Type Multiplex

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.

Location

Province ON

County Toronto

Community Toronto C02

Area Toronto

Rooms

Basement Apartment

Kitchen 7

Interior

Interior Features Other

Cooling Central Air

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 7

Building

Foundation Concrete Block

Lited by RIGHT AT HOME REALTY

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 906-0080

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173-175 Madison AVE

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