173-175 Madison Avenue, Toronto, ON M5R 2S6, Toronto C02, ON
Bed 14
Bath 15
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.
Property Highlights
For Sale
MLS NO.
C13458602
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
Active
Contract Status
Available
MLS® Number
C13458602
Living Area Range
3500-5000
Total Bedrooms
14
Bedrooms Above Grade
14
Total Bathrooms
15
Total Kitchens
7
Kitchens Above Grade
7
Rooms Above Grade
16
Interior Features
Other
Fireplace
Yes
Central Vacuum Yn
No
Construction
Brick
Roof
Asphalt Shingle
Lot Width
49.21
Lot Size Units
SquareFeet
Parking Total
7.0
Covered Spaces
0.0
Garage Type
None
Garage
No
Pool
None
Direction Facing
East
Cooling
Central Air
Heat Source
Electric
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
173-175 Madison Avenue, Toronto, ON M5R 2S6
City
Toronto C02
Neighbourhood
Annex
County / Region
Toronto
Province / State
ON
Postal Code
M5R 2S6
Cross Street
spadina and dupont
Directions
north
Country
CA
List Price
$5,999,000
Annual Taxes
$22,003
Tax Year
2026
Legal Description
LOT A AND LOT B ON PLAN M-170, SAVE AND EXCEPT PART 22 ON EXPROPRIATION PLAN D-905. CITY OF TORONTO
Possession Type
Flexible
Listing Office
RIGHT AT HOME REALTY
Board
Toronto Regional Real Estate Board
Original Entry
2026-06-17T20:32:33Z
Media Updated
2026-06-22T21:24:52Z
Photos Updated
2026-06-22T21:24:52Z
Last Modified
2026-06-26T21:37:35Z
System Modified
2026-07-06T21:39:48.984191Z
MLS Status
New
Architectural Style
3-Storey
Basement
Apartment
Ddfyn
Yes
Expiration Date
2026-11-30
Foundation Details
Concrete Block
Heat Source Multi
Electric
Heat Type Multi
Forced Air
Hstapplication
Not Subject to HST
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
212160354
Parking Spaces
0
Public Remarks
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.
