33 Madison Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Annex. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,495,000 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.
- 0 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 28.16 x 126 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available
- Notable attributes: Carpet Free, Separate Hydro Meter, Water Meter
- equipped with wall unit(s) central cooling and highly efficient water heating via gas
Description
Located in the heart of Toronto's iconic neighbourhood, The Annex.CR MIXED USE ZONING PRESENTS A WIDE RANGE OF USE OPTIONS. FOR THE RESIDENTIAL BUYER - FROM RENOVATION OF EXISTING BUILDING TO REDEVELOPMENT OR NEW BUILD OF MULTIPLE HOUSING TYPES. This well-maintained property, 33 Madison Avenue presents a unique opportunity for an investor or owner occupier providing approx. 2,500 square feet of commercial office space over three levels, ideal for a commercial office for a variety of professional or personal services. Zoning Commercial Mixed Use, including residential. Major Transit Station Area. Potential to convert back to residential. Survey dated Sept.1978 available. 33 Madison Avenue has frontage of 28.1-feet and total lot area of 3,702.78 SF, as per Geo Warehouse. On-site parking is available for up to 6-7 vehicles. Transit connectivity is excellent with the Bloor Street subway, Spadina Station within a 350 meter walk around the corner.
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Interior Features
Carpet Free, Separate Hydro Meter, Water Meter, Water Heater
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 33 Madison Avenue, Toronto C02, ON M5R 2S2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,495,000 in Toronto, the legal minimum down payment is $499,000 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 $48,850 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $48,850 also applies, bringing the total estimated land transfer taxes to $97,700.
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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.
