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$ 6,199,000
Est. payment /mo
New
173-175 MADISON AVENUE Toronto (annex), ON M5R1V7
14 Beds
15 Baths
5,000 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $1,239
Subdivision Annex
MLS® Listing ID C12260322
Bedrooms 14
Half Baths 1
Source Toronto Regional Real Estate Board
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:24570)
Location
State ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 7
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Listed by RIGHT AT HOME REALTY