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About the Listing 062200 -
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.
Listing Highlights for 173-175 Madison Ave
Status
Active
Days on Site
69
Property Type
Multi-Family
MLS ®
C12260322
Year Built
Total Square Footage
5,000
Lot/Acreage
6300
Interior Details
- Bedrooms: 14
- Bathrooms: 15 Full
- Appliances:
- Air Cond: Central Air
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished with Walk-Out
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others:
- Sewer: Sewer
Financial Details
- Tax Amount: $20,514
- Taxes w/Assessments: N/A
- Tax/Property ID: 212160354
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
173-175 Madison Ave Toronto, ON M5R 1V7
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