• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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173-175 Madison Avenue, Toronto, ON M5R 2S6

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

Toronto C02, ON, M5R 2S6 · Annex

14 Beds
15 Baths
— Sq Ft
Multiplex Type
C13458602 MLS#

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

Listing courtesy of RIGHT AT HOME REALTY
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Contact Info

  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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