173-175 Madison Avenue, Toronto
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:1945)
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Property details for 173-175 Madison Avenue, Toronto
- Type
- Multi-family
- Bedrooms
- 14
- Bathrooms
- 15
- Lot Size
- 49.2 x 126 FT
- Stories
- 3
- Basement
- Apartment in basement, N/A
- Parking
- No Garage
- Heating
- Forced air, Electric
- Cooling
- Central air conditioning
- Exterior
- Brick
- Annual Taxes
- $22,003 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 173-175 Madison Avenue
Active Listings
1
Min Price
$5,999,000
Max Price
$5,999,000
Avg Price
$5,999,000
Days on Market
96
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Toronto, Ontario
Population
474
Median Age
30.6
Median Income
$32,128
Dwelling Value
$2,001,187
Housing Tenure
Owners 15%
Renters 88%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 12,845.5/km²
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 42.9%
English only: 78.7%
English and French: 21.3%
Median Household Income: $56,149
Median Employment Income: $32,096
Price History
Listed
June 17, 2026
by RIGHT AT HOME REALTY
Current Price
$5,999,000
Type
Multi-family
For Sale
