173-175 Madison Avenue, Toronto, ON M5R 2S6
Toronto C02, ON, M5R 2S6 · Annex
About this property
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.
Features & Amenities
- Basement: Apartment
- Garage: None
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Electric
- Style: 3-Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 14 |
| Bathrooms | 15 |
| Basement | Apartment |
| Garage | None |
| Heat Type | Forced Air |
| Heat Source | Electric |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $22,003 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Other
- Fireplace
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Brick
- Foundation Details
- Concrete Block
- Roof
- Asphalt Shingle
- Basement
- Apartment
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Electric
- Cooling
- Central Air
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 0
- Parking Total
- 7.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 126.00
- Lot Width
- 49.21
Financial & Tax
- Tax Annual Amount
- $22,003
- Tax Year
- 2026
- Possession Type
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 16
- Kitchens Above Grade
- 7
- Kitchens Total
- 7
- Bedrooms Above Grade
- 14
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- East
- County Or Parish
- Toronto
- Cross Street
- spadina and dupont
- Directions
- north
- Special Designation
- Heritage
- Showing Requirements
- List Salesperson
Location
173-175 Madison Avenue, Toronto, ON M5R 2S6, Toronto C02, ON, M5R 2S6