173-175, Madison, Annex, Toronto, Residential Freehold
- 14 beds |
- 15 baths |
- 3500-5000 SQFT
Description
Residential Freehold Multiplex For Sale.
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.
Interior Features: Other
Cross Street: spadina and dupont
Direction Faces: East
Key Facts
- Days on: 42 days
- Mls Status: New
- Bedrooms Total: 14
- Bedrooms Above Grade: 14
- Bathrooms Total Integer: 15
- Lot Width: 49.21
- Kitchens Total: 7
- Parking Total: 7
- Garage Type: None
- Heat Source: Electric
- Heat Type: Forced Air
- Cooling: Central Air
- Living Area Range: 3500-5000 Square Feet
Location 173-175, Madison, Annex, Toronto
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