RIGHT AT HOME REALTY

$6,199,000

173-175 MADISON AVENUE, Toronto, Ontario

14 Bedrooms

15 Bathrooms

Property

MLS® Number: C12260322

Address: 173-175 MADISON AVENUE

City: Toronto

Exterior: Brick

Utilities

Central Air: Yes

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 7

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. (id:52316)

Property Sale History

Travel and Neighbourhood

Walker's Paradise

Location

Cindy Zagaritis
Cindy Zagaritis

REALTOR® Salesperson

RE/MAX Niagara

Contact Cindy Zagaritis