173-175 Madison Avenue, Annex, Toronto

173-175 Madison Avenue

Annex, Toronto

173-175 Madison Avenue

Annex, Toronto

$6,199,000

Bedroom icon14 Bed
Bathroom icon15 Bath
Squarefootage icon5,000 sqft

About this Multiplex

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.

Listed by RIGHT AT HOME REALTY.

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.

Browse Photos

Features

  • MLS®: C12260322
  • Type: Multiplex
  • Bedrooms: 14
  • Bathrooms: 15
  • Square Feet: 5,000 sqft
  • Lot Size: 6,300 sqft
  • Frontage: 49.21 ft
  • Depth: 126.24 ft
  • Taxes: $20,514 (2024)
  • Parking: 7 Parking(s)
  • Basement: Finished with Walk-Out
  • Year Built: 5199
  • Style: 3-Storey

Contact me now to see this property in person!

416.960.9995