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173-175 Madison Avenue
Annex
Toronto
M5R 2S6
$5,999,000
Residential Freehold
beds: 14
baths: 15.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- C13458602
- Bedrooms:
- 14
- Bathrooms:
- 15
- Photos (18)
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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.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Multiplex
- Home Style:
- 3-Storey
- Total Approx Floor Area:
- 3500-5000
- Lot Depth:
- 126'38.4 m
- Lot Frontage:
- 49'2½"15 m
- Lot Shape:
- Irregular
- Direction Faces:
- East
- Bedrooms:
- 14
- Bathrooms:
- 15.0
- Water supply:
- Municipal
- Kitchens:
- 7
- Bedrooms Above Grade:
- 14
- Kitchens Above Grade:
- 7
- Rooms Above Grade:
- 16
- Heating type:
- Forced Air
- Heating Fuel:
- Electric
- Foundation:
- Concrete Block
- Roof:
- Asphalt Shingle
- Basement:
- Apartment
- Fireplace/Stove:
- Yes
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 0
- Total Parking Spaces:
- 7.0
- Family Room:
- No
- Pool:
- None
- HST Applicable To Sale Price:
- Not Subject to HST
- Assessment Year:
- 2025
- Taxes:
- $22,003 / 2026
- Assessment:
- $- / 2025
- Toronto
- Toronto C02
- Annex
- Other
- Other
- Brick
- Utilities Gas:
- Yes
- Utilities Hydro:
- Yes
- Utilities Water:
- Yes
- Sewers:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Special Designation:
- Heritage
- Sewers:
- Sewer
- Air Conditioning:
- Central Air
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
Larger map options:
Listed by RIGHT AT HOME REALTY
Data was last updated August 18, 2026 at 06:15 AM (UTC)
- Tanya Crepulja
- Keller Williams Real Estate Associates, Brokerage
- 647-293-3785
- tanya@tcteam.ca
- Steven Fontes
- Keller Williams Real Estate Associates, Brokerage
- 416-831-2161
- steve@tcteam.ca
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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