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Home ON Greater Toronto Area Toronto Old Toronto The Annex
173-175 MADISON AVENUE
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173-175 MADISON AVENUE $6,199,000
$6,199,000
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173-175 MADISON AVENUE
Toronto (Annex), Ontario M5R1V7

MLS® Number: C12260322
14
Bedrooms
15
Bathrooms
5000 - 100000
Square Feet

Listing Description

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. (40813882)

Location Description

Dupont and Madison

Property Summary

Property Type
Multi-family
Building Type
Other
Storeys
3
Square Footage
5000 - 100000 sqft
Community Name
Annex
Land Size
49.2 x 126.2 FT
Age Of Building
51 to 99 years
Annual Property Taxes
$20,514
Parking Type
No Garage
Time on REALTOR.ca
31 days

Building

Bedrooms
Above Grade
14
Bathrooms
Total
15
Partial
1
Interior Features
Appliances Included
Dryer, Washer
Basement Features
Walk out
Basement Type
N/A (Finished)
Building Features
Foundation Type
Concrete
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Available), Electricity (Installed), Sewer (Available)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
7

Measurements

Square Footage
5000 - 100000 sqft

Land

Lot Features
Frontage
49 ft ,2 in
Land Depth
126 ft ,2 in
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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