Listed for:Listed Jun 17, 2026
$5,999,000

173-175 Madison Avenue

Toronto (The Annex), ON M5R 2S6

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 173-175 Madison Avenue, Toronto, The Annex

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 173-175 Madison Avenue, Toronto, The Annex

Summarized Description

  • Unique 7-plex in the desirable Annex area.
  • Heritage status offers tax benefits and assistance.
  • Fully rented, providing stable rental income.
  • Three 3-bedroom and six 2-bedroom units.
  • All units feature ensuite laundry.
  • Seven car parking at the rear.
  • Tall ceilings enhance living space.
  • Potential to convert into a single family home.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$22,003
Land Transfer Tax Fee
$302,890

Basement Type
Apartment

Interior Features

Interior Extras
Other
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Heritage

Lot

Lot Front
50.00 ft
Lot Depth
126.00 ft

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
0
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes

Bedrooms
14
Washrooms
15
Kitchens
7

Washrooms

  • 3-piece
  • 2-piece

Municipality
Toronto
Neighbourhood
The Annex
Main cross streets
spadina and dupont
Directions
north

MLS® number
C13458602
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-17
Updated on
2026-06-26
Days on market
123 days
Possession date
2026-08-01
Possession type
Flexible
Co-op commission
2
Seller
Listed by
RIGHT AT HOME REALTY

Home Market Value

Current home valuation for 173-175 Madison Avenue, Toronto, The Annex, Toronto, ON. Listed for $5,999,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 173-175 Madison Avenue, Toronto, The Annex

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Toronto, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$1,199,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$4,799,200$4,499,250$4,199,300$3,899,350
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$23,432monthly$21,968monthly$20,503monthly$19,039monthly
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Land Transfer Tax

Provincial

$136,450

Municipal (Toronto)

$166,440

Total Land Transfer Tax

$302,890

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