$5,999,000
 $32,204 est/mo Sourced by Back At You

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

Toronto C02, ON M5R 2S6

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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.

Details

MLS #C13458602
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site142
Listing Provided ByRIGHT AT HOME REALTY | C13458602 062200

Features

Bed(s)14
Bath(s)15
BasementY
Story(s)3
Acreage0.14

Interior

Interior FeaturesOther
Lease To Own EquipmentOther
CoolingCentral Air
Heat SourceElectric
Fireplace Yes / NoYes

Exterior

RoofAsphalt Shingle
Foundation DetailsConcrete Block
Construction MaterialsBrick

Parking

Garage Yes / NoNo

Utilities

SewerSewer

Taxes

Tax Annual Amount22003
Tax Legal DescriptionLOT A AND LOT B ON PLAN M-170, SAVE AND EXCEPT PART 22 ON EXPROPRIATION PLAN D-905. CITY OF TORONTO
Tax Year2026

Area Information

ProvinceON
CountyToronto
CityToronto C02
Postal CodeM5R 2S6
AreaAnnex
Listing VS Median (in M5R 2S6)
Price:
$5,999,000
low | high
Med:
$0
On site:
142
low | high
Med:
Sourced by Back At You

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Additional Information

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Learn More About This Property

JESSICA CHRISTINA ALMEIDA

JESSICA CHRISTINA ALMEIDA

Coldwell Banker The Real Estate Centre

 (416) 997-6255jessica.almeida@wearetrec.com
ProvinceON
CountyToronto
CityToronto C02
Postal CodeM5R 2S6
AreaAnnex
Listing VS Median (in M5R 2S6)
Price:
$5,999,000
low | high
Med:
$0
On site:
142
low | high
Med:
Sourced by Back At You
Listing Updated: September 29, 2026 at 11:22:48 PM PDT