173-175 MADISON AVENUE, Toronto (Annex), Ontario, M5R1V7
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:2471)
McConkey Real Estate Corp. Brokerage
- 705-872-7400
- 705-745-4321
- 705-745-4324
- gbennett@nexicom.net
- Property Address: 173-175 MADISON AVENUE, Toronto (Annex), Ontario, M5R1V7
- Community Name: Annex
- Property Type: Multi-family
- Lot Size: 49.2 x 126.2 FT
- Acreage: 49.2 x 126.2 FT
- Sewage Type: Sanitary sewer
- Water Type: Municipal water
- Driveway: No Garage
- Total Parking Spaces: 7
- Maintenance Fee: 0.00
- Structure Style: Other
- Storeys: 3
- Floor Space: 5000 - 100000 sqft
- Building Age: 51 to 99 years
- Bedrooms: 14
- Bathrooms: 15-Total 1-Partial
- Basement Type: N/A (Finished)
- Heating Type: Natural gas, Forced air
- Cooling: Central air conditioning
- Exterior Type: Brick
- Fireplace Present: True
- Foundation Type: Concrete
- Appliances Included: Dryer, Washer
Listing Office: RIGHT AT HOME REALTY
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