173-175 Madison Avenue
Toronto C02, ON
- 14 bed
- 15 bath
- approx. 3500-5000 sqft
- Multiplex
- 83 days on market
Rare Investment Opportunity in the Annex - Two semi-detached homes offered together and thoughtfully converted into a substantial 3.5-storey, 7-unit multiplex. The property comprises one spacious 3-bedroom, 3-bathroom suite and six well-appointed 2-bedroom, 2-bathroom suites, each featuring ensuite laundry. Hydro and gas are separately metered, providing operational efficiency and convenience. Featuring tall ceilings and exceptional scale, the combined buildings form one of the largest residential structures in the Annex. Situated at the end of a laneway, the property offers the rare advantage of 7 on-site parking spaces. Stable rental income, presenting an attractive opportunity for investors. Alternatively, its remarkable size and configuration offer future potential for conversion into an extraordinary single-family residence. As a designated heritage property, ownership may be eligible for reduced property taxes and municipal financial assistance programs that support the preservation and maintenance of the building's exterior.
Listing Details
- Taxes (2026)
- $22,003
- Listed
- June 17, 2026
Price History
Listing history
Sign in to view
Property
- Style
- 3-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete Block
- Interior
- Other
- Lot Size
- 49.21 x 126 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 7
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- spadina and dupont
- Parcel Number
- 212160354
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Elementary
- Huron Street Junior Public School0.3 km
Public · Toronto DSB · 300 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 59% met the provincial standard
- Palmerston Avenue Junior Public School0.9 km
Public · Toronto DSB · 360 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 73% met the provincial standard
- Jesse Ketchum Junior and Senior Public School1 km
Public · Toronto DSB · 535 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 71% met the provincial standard
Secondary
- Msgr Fraser Orientation Centre0.9 km
Catholic · Toronto CDSB
- Loretto College School1 km
Catholic · Toronto CDSB · 510 students
Grade 10 literacy: 83% met the provincial standard
- Central Technical School1.1 km
Public · Toronto DSB · 985 students
Grade 10 literacy: 74% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area M5R
- Population
- 26,197
- Private dwellings
- 16,591
- Median age
- 42
- Average household size
- 1.8
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Toronto C02 · last 12 months
- Median sold price
- $1,250,000
- Homes sold
- 729
- Median days on market
- 25
- Sale-to-list price
- 97.1%
Based on 729 recorded sales of residential freehold properties in Toronto C02 over the last 12 months.
Listed by
RIGHT AT HOME REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$1,199,800
Estimated Monthly Payment
$29,471
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $29,471/mo (20% down, 5.5%)
Taxes: $1,834/mo · Insurance: $1,500/mo
Estimates only. Consult a financial advisor.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. This listing mentions Stable rental income, presenting an attractive opportunity for investors.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?