MLS#: C13458602Listed: about 1 month agoUpdated:24 days ago
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. (id:63050)
Details
Details for 173 175 Madison Avenue, Toronto Annex, Ontario
Property Type
Multi Family
Building Type
Other
Storeys
3
Neighborhood
Annex
Land Size
49.2 x 126 FT
Year Built
-
Annual Property Taxes
$22,003
Parking Type
No Garage
Inside
Appliances
-
Rooms
-
Bedrooms
14
Bathrooms
15
Fireplace
-
Fireplace Total
-
Basement
Apartment in basement, N/A
Building
Architecture Style
-
Direction
Cross Streets: spadina and dupont. ** Directions: north.
Type of Dwelling
other
Roof
-
Exterior
Brick
Foundation
Block
Flooring
-
Land
Sewer
Sanitary sewer
Lot Size
49.2 x 126 FT
Zoning
-
Zoning Description
-
Parking
Features
No Garage
Total Parking
7
Utilities
Cooling
Central air conditioning
Heating
Forced air, Electric
Water
Municipal water
Feature Highlights
Community
-
Lot Features
Irregular lot size
Security
-
Pool
-
Waterfront
-
Rooms
Rooms for 173 175 Madison Avenue, Toronto Annex, Ontario