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$5,999,000
173-175 Madison Avenue • Toronto, ONNew
Courtesy of RIGHT AT HOME REALTY
14
Bedrooms
15
Bathrooms
3500-5000
Square feet
7
Parking

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.

Property details

Property type
Multiplex
Style
3-Storey
Total rooms
16
Lot size
49.21 × 126 ft
Property taxes
$22,003 (2026)
Days on market
35
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Jun 26, 2026, 5:37 p.m. EDT via TRREB IDX.

First listed: Jun 17, 2026, 4:32 p.m. EDT.