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$5,999,000

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173-175 Madison Avenue

Annex, Toronto, Ontario M5R2S6

For sale· Added

14 bed15 bath3,500–5,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
C13458602
Added
Jun 17, 2026 ()
Updated
Jun 26, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Other
Storeys
3

Inside

Bedrooms
14
Bathrooms
15
Half baths
1
Heating
Forced air, Electric
Cooling
Central air conditioning
Fireplace
Yes
Features
Irregular lot size

Building

Basement
Apartment in basement
Exterior
Brick
Foundation
Block
Parking
No Garage · 7 spaces

Land

Lot size
49.2 x 126 ft

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity

Location

Cross streets
spadina and dupont
Directions
north.

Running costs

Annual property tax (2025)
$22,003

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$5,999,000
173-175 Madison Avenue
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