ON > Toronto C02 > Annex
Toronto C02, ON M5R 1V7,173-175 Madison AVE
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 6,199,000
Est. payment | /mo

14 Beds

15 Baths

Save
$ 6,199,000
Est. payment | /mo
Save

14 Beds

15 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Annex

MLS Listing ID C12260322

Style 3-Storey

Bedrooms 14

Annual Tax Amount $20,514

Tax Year 2024

Property Sub-Type Multiplex

Property Description

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.

Location

Province ON

County Toronto

Community Annex

Area Toronto

Rooms

Family Room No

Basement Finished with Walk-Out

Kitchen 7

Interior

Interior Features None

Cooling Central Air

Fireplace Yes

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 49.21

Lot Depth 126.24

Total Parking Spaces 7

Building

Building Age 51-99

Foundation Concrete

Others

ParcelsYN No

Listed by RIGHT AT HOME REALTY
Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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173-175 Madison AVE