173-175 Madison Avenue
CA$6,199,000
For Sale
14
15
5000 +
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14
15
5000 +
Multiplex
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.
This multiplex home located at 173-175 Madison Avenue, Toronto, ON M5R 1V7 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$6M. It has 14 beds, 15 bathrooms, and is 5000 + square feet. The property is N/A years old. 173-175 Madison Avenue, Toronto, ON M5R 1V7 is in Toronto neighborhood Annex.