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173-175 Madison Avenue Toronto (Annex), Ontario M5R 1V7

14 Bedroom 15 Bathroom 5000 - 100000 sqft
Fireplace Central Air Conditioning Forced Air

$6,199,000

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. (id:41954)

Property Details

MLS® Number C12260322
Property Type Multi-family
Community Name Annex
Parking Space Total 7

Building

Bathroom Total 15
Bedrooms Above Ground 14
Bedrooms Total 14
Age 51 To 99 Years
Appliances Dryer, Washer
Basement Development Finished
Basement Features Walk Out
Basement Type N/a (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fireplace Present Yes
Foundation Type Concrete
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 5000 - 100000 Sqft
Type Other
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 126 Ft ,2 In
Size Frontage 49 Ft ,2 In
Size Irregular 49.2 X 126.2 Ft
Size Total Text 49.2 X 126.2 Ft

Utilities

Cable Available
Electricity Installed
Sewer Available

https://www.realtor.ca/real-estate/28553560/173-175-madison-avenue-toronto-annex-annex

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