ON > Toronto C02 > Annex
Toronto C02, ON M5R 1V7,173-175 Madison AVE
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$6,199,000
Est. payment /mo
14 Beds
15 Baths
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UPDATED:

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

Building Age 51-99

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

Basement Finished with Walk-Out

Kitchen 7

Interior

Interior Features None

Cooling Central Air

Inclusions all kitchen appliances and washer and dryers

Exterior

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 7

Building

Foundation Concrete

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Lited by RIGHT AT HOME REALTY
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More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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