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173-175 Madison Avenue
$6,199,000 Sale
Listed 51 days ago
· 14
· 15
· 7
· 5000 +
Listing History
Buy/Sell/Terminated/Expired listing history for 173-175 Madison Avenue
Key Facts
Key facts for 173-175 Madison Avenue
Property Type
Apartment, 3-Storey
Parking
None 0 garage, 7 parking
MLS #
C12260322
Size
5000 + sqft
Basement
Finished with Walk-Out
Listed on
2025-07-03
Lot size
49 x 126.24
Tax
$20,514 /yr
Days on Market
51
Approximate Age
51-99
Maintenance Fee
-
Description
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.
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Courtesy of: RIGHT AT HOME REALTY