173-175 Madison Avenue, Toronto (Annex), ON M5R1V7
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Listing Type
Multi Family
Listing Status
active
1
$6,199,000
Home Details for 173-175 Madison Avenue
Price
$6,199,000
Type
Residential Income
Bedrooms
14
Bathrooms
15.0
Square feet
NaN
Parking
Days on site
48
Listing #
C12260322
Property 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. (id:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Cooling Information
Central Air
Listing Courtesy: RIGHT AT HOME REALTY
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Market statistics compiled from data from Canadian Real Estate Association.