Room 1
Level not provided
173-175 Madison Ave
Annex, Toronto, Ontario M5R 2S6
Description
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.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- C13458602
- Board
- TRREB MLS®
- Days on market
- Tax
- $22,003
- Size
- 3500-5000 sqft
- Lot
- 49.21 × 126 Feet
- Parking
- None, 7 Parking
Listing History
Listing activity for 173-175 Madison Ave, Toronto, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $5,999,000 | N/A | For Sale | C13458602 |
Property Details
Property
- Property Type
- Multiplex
- Style
- 3-Storey
- Community
- Annex
- Municipality
- Toronto
Inside
- Bedrooms
- 14
- Bathrooms
- 15
- Bathroom Detail
- 14, 3pc
- Bathroom Detail
- 1, 2pc
- Basement Type
- Apartment
- Kitchens
- 7
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 3500-5000 sqft
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 7
- Total Parking
- 7
Land
- Sewer
- Sewers
- Lot Size
- 49.21 × 126 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Fireplace
- Y
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
17 records read 10 on record nearby 7 checked, none on recordRead 2026-11-04
Water and conservation
- Not in Toronto and Region Conservation Authority’s mapped regulated area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m9 test or monitoring holes also recorded.
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- 52 building permits issued within 250 m in the last 2 years
- 3 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.
- Nearest airport: 4.4 km
- Mapped parcel: about 6,170 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home
- Nearest rail line: 230 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- 1 recorded oil, gas or salt well within 250 mFrom Ontario’s petroleum well records, which include old and plugged wells.
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is The Governing Council of the University of Toronto — St George Campus, 1.6 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Toronto Hydro-Electric System Limited
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, Dotto One, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$27,500
- Down payment$1,199,800
- Mortgage amount$4,799,200
- Total interest$3,450,800
- Total cost$9,449,800
Cash flow analysis
$27,500
Total monthly payment
$29,334
Break-even down payment
100%
Cash flow-$29,334
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$5,999,000
$5,999,000
CAD
Estimate unavailable
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