
Welcome to this remarkable 3-Storey multiplex located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $5,999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This multiplex located at 173-175 Madison Avenue, Toronto is currently for sale and has been available for 141 days. This property is listed at $5,999,000 with an estimated mortgage of $19,968* per month. It has 14 beds, 15 bathrooms, and is 3500-5000 square feet. 173-175 Madison Avenue, Toronto is in the Annex neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 14 bedrooms and 15 bathrooms, this home offers ample space and comfort for growing families in Annex, Toronto.
Growing families needing multi-bedroom flexibility and space in Annex, Toronto.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Toronto or researching Toronto real estate for sale, this 14-bedroom multiplex at 173-175 Madison Avenue, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Toronto real estate listings, compare active Toronto houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $19,968*/month*. Estimated Ontario Land Transfer Tax: $272,900. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
The current listing price for 173-175 Madison Avenue, Toronto, ON in Annex, Toronto is $5,999,000.
This property features 14 bedrooms and 15 bathrooms across approximately 3500-5000 sqft.
173-175 Madison Avenue, Toronto, ON is a Multiplex (3-Storey) featuring a Apartment basement.
Interior highlights include: Other.
Yes, this property offers parking space for 7.0 vehicles (None).
Heating is provided via Electric and cooling via Central Air.
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Annex, Toronto
448 assaults (1192.4/100k)
148 B&E (393.9/100k)
65 thefts (173.0/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 173-175 Madison Avenue, Toronto, ON M5R 2S6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $5,999,000 in Toronto, the legal minimum down payment is $1,199,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $136,450 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $136,450 also applies, bringing the total estimated land transfer taxes to $272,900.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Annex, Toronto.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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