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14 Beds
15 Baths

$5,999,000

173-175 Madison Avenue, Toronto, Toronto C02 ON, M5R 2S6

Property typeMulti-family

Overview

Active

New

Listed Jun 17, 2026

Updated Jun 27

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.

Additional information

MLS® ID
C13458602

Interior Features

Bedrooms
14
Bathrooms
15
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Other Property Details

Taxes
$22,003
Tax Frequency
Annually

 

Courtesy of Listed by , RIGHT AT HOME REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2026 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:39 AM UTC, 6/27/2026

 

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