173-175 Madison Avenue, Annex, Toronto (C12260322)

$6,199,000
173-175 Madison Avenue
Annex
Toronto
basic info
14 Bedrooms, 15 Bathrooms
Size: 5,000 sqft
Lot: 6,300 sqft
(49.21 ft X 126.24 ft)
MLS #: C12260322
Property Data
Built: 5199
Taxes: $20,514 (2024)
Parking: 7 Parking(s)
Multiplex in Annex, Toronto, brought to you by Loree Meneguzzi
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.
Listed by RIGHT AT HOME REALTY.
Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.
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specifications
type: | Multiplex |
style: | 3-Storey |
taxes: | $20,514 (2024) |
bedrooms: | 14 |
bathrooms: | 15 |
frontage: | 49.21 ft |
lot: | 6,300 sqft |
sqft: | 5,000 sqft |
parking: | 7 Parking(s) |
