173-175 Madison Avenue Toronto, Ontario M5R 1V7
$6,199,000
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:50886)
Property Details
MLS® Number | C12260322 |
Property Type | Multi-family |
Community Name | Annex |
Parking Space Total | 7 |
Building
Bathroom Total | 15 |
Bedrooms Above Ground | 14 |
Bedrooms Total | 14 |
Age | 51 To 99 Years |
Appliances | Dryer, Washer |
Basement Development | Finished |
Basement Features | Walk Out |
Basement Type | N/a (finished) |
Cooling Type | Central Air Conditioning |
Exterior Finish | Brick |
Fireplace Present | Yes |
Foundation Type | Concrete |
Half Bath Total | 1 |
Heating Fuel | Natural Gas |
Heating Type | Forced Air |
Stories Total | 3 |
Size Interior | 5,000 - 100,000 Ft2 |
Type | Other |
Utility Water | Municipal Water |
Parking
No Garage |
Land
Acreage | No |
Sewer | Sanitary Sewer |
Size Depth | 126 Ft ,2 In |
Size Frontage | 49 Ft ,2 In |
Size Irregular | 49.2 X 126.2 Ft |
Size Total Text | 49.2 X 126.2 Ft |
Utilities
Cable | Available |
Electricity | Installed |
Sewer | Available |
https://www.realtor.ca/real-estate/28553560/173-175-madison-avenue-toronto-annex-annex
Contact Us
Contact us for more information
Hitesh Jain
Salesperson
1396 Don Mills Rd Unit B-121
Toronto, Ontario M3B 0A7
(416) 391-3232
(416) 391-0319
www.rightathomerealty.com/