173-175 Madison Avenue, Toronto C02, ON M5R 1V7, Toronto C02, ON
Bed 14
Bath 15
Unique Offering, Two-semi detached homes offered together for sale, converted into a 3.5 story 7- plex in the Annex. 1- 3 bedroom unit with 3 washrooms, and 6-2 bedroom units with 2 washrooms, all with ensuite laundry. Hyrdo electricity and gas is all separately metered. Tall ceilings. Combined, the two semis make one of the largest built structures in the Annex. The rear of the property is at the end of the laneway and has 7 car parking. Property is fully rented and is being offered for ~4% cap rate. Benefit from stable rental income or convert into a giant single family home. Heritage property status offers the benefit of lower property tax and financial assistance from the city to maintain the exterior of the building.
Property Highlights
For Sale
MLS NO.
C12260322
Type
Residential Freehold
Sub Type
Multiplex
Bedrooms
14
Bathrooms
15
Parking
7.0
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Expired
Contract Status
Unavailable
MLS® Number
C12260322
Living Area Range
5000 +
Total Bedrooms
14
Bedrooms Above Grade
14
Total Bathrooms
15
Total Kitchens
7
Kitchens Above Grade
7
Rooms Above Grade
22
Interior Features
None
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
49.21
Lot Size
6300.0
Parking Total
7.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
West
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
173-175 Madison Avenue, Toronto C02, ON M5R 1V7
City
Toronto C02
Neighbourhood
Annex
County / Region
Toronto
Province / State
ON
Postal Code
M5R 1V7
Cross Street
Dupont and Madison
Directions
west
Country
CA
List Price
$6,199,000
Annual Taxes
$20,514
Tax Year
2024
Legal Description
Lta & Ltb P1 M-170 Save & Except Pt 22 On Expropriation Plan D-905
Possession Type
Flexible
Possession Details
tba
Listing Office
RIGHT AT HOME REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2025-07-03T18:38:15Z
Media Updated
2025-07-03T18:38:15Z
Photos Updated
2025-07-03T18:38:15Z
Last Modified
2025-12-01T05:16:54Z
System Modified
2025-12-01T05:16:54.097403Z
MLS Status
Expired
Architectural Style
3-Storey
Basement
Finished with Walk-Out
Ddfyn
Yes
Expiration Date
2025-11-30
Foundation Details
Concrete
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
212160354
Parking Spaces
0
Public Remarks
Unique Offering, Two-semi detached homes offered together for sale, converted into a 3.5 story 7- plex in the Annex. 1- 3 bedroom unit with 3 washrooms, and 6-2 bedroom units with 2 washrooms, all with ensuite laundry. Hyrdo electricity and gas is all separately metered. Tall ceilings. Combined, the two semis make one of the largest built structures in the Annex. The rear of the property is at the end of the laneway and has 7 car parking. Property is fully rented and is being offered for ~4% cap rate. Benefit from stable rental income or convert into a giant single family home. Heritage property status offers the benefit of lower property tax and financial assistance from the city to maintain the exterior of the building.