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173-175 Madison Avenue Toronto, Ontario M5R 1V7

14 Bedroom 15 Bathroom 5000 - 100000 sqft
Fireplace Central Air Conditioning Forced Air

$6,199,000

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. (id:60365)

Property Details

MLS® Number C12260322
Property Type Multi-family
Community Name Annex
ParkingSpaceTotal 7

Building

BathroomTotal 15
BedroomsAboveGround 14
BedroomsTotal 14
Age 51 To 99 Years
Appliances Dryer, Washer
BasementDevelopment Finished
BasementFeatures Walk Out
BasementType N/a (finished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireplacePresent Yes
FoundationType Concrete
HalfBathTotal 1
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 5000 - 100000 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 126 Ft ,2 In
SizeFrontage 49 Ft ,2 In
SizeIrregular 49.2 X 126.2 Ft
SizeTotalText 49.2 X 126.2 Ft

Utilities

Cable Available
Electricity Installed
Sewer Available

https://www.realtor.ca/real-estate/28553560/173-175-madison-avenue-toronto-annex-annex

Hitesh Jain
Salesperson


Right At Home Realty
1396 Don Mills Rd Unit B-121
Toronto, Ontario M3B 0A7

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