Toronto (annex), ON M5R1V7,173-175 MADISON AVENUE
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$ 6,199,000
Est. payment | /mo

14 Beds

15 Baths

5,000 SqFt


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

14 Beds

15 Baths

5,000 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $1,239

Subdivision Annex

MLS® Listing ID C12260322

Bedrooms 14

Half Baths 1

Source Toronto Regional Real Estate Board

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. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Central air conditioning

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 7

Private Pool No

Building

Story 3

Sewer Sanitary sewer

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173-175 MADISON AVENUE