173-175 MADISON AVENUE, Toronto (Annex)
$5,999,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 14 bedrooms, 15 bathrooms
- Living area
- 5,000 sqft
- MLS®
- MLS® C13458602
- Neighbourhood
- Annex
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.
Sold data
Multiplex homes in Toronto (Annex) — recent sold market
Multiplex homes in Toronto (Annex) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 73, across 34 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $1,262,000.
Homes sold for about 5.7% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
- Median days to sell
- 32
- Median sale price
- $1,262,000
- Sale-to-list ratio
- 94.3%
- Sold above asking
- 15%
Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Toronto (Annex)
Toronto (Annex) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
- Rated schools
- 529
- Elementary
- 425
- Secondary
- 104
- Average rating
- 6.2 / 10
Top-rated schools in Toronto (Annex)
- Cottingham — elementary, TorontoFraser rating 10.0/10
- High Park Alternative — elementary, TorontoFraser rating 10.0/10
- Northmount — elementary, TorontoFraser rating 10.0/10
- Sathya Sai — elementary, TorontoFraser rating 10.0/10
- St Michael's Choir — secondary, TorontoFraser rating 10.0/10
- St Sebastian — elementary, TorontoFraser rating 10.0/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 173-175 MADISON AVENUE
$2,750,000
Multiplex12153,500–5,000 sqft479 ELDON ROAD, Little Britain, Kawartha Lakes
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Multiplex11+2112,500–3,000 sqft177 CARLTON STREET, Moss Park, Toronto
$4,195,000
Multiplex20180–699 sqft20 MAYNARD AVENUE, South Parkdale, Toronto
$5,980,000
Multiplex14+562,000–2,500 sqft329 SPRUCE STREET, Waterloo
$5,980,000
Multiplex10+193,000–3,500 sqft331 SPRUCE STREET, Waterloo
$2,495,000
Multiplex171441 ALBERT STREET, Blakeley, Hamilton
$5,500,000
Multiplex9+193,500–5,000 sqft243 NIAGARA STREET, Niagara, Toronto
$2,998,000
Multiplex9+382,000–2,500 sqft142 BORDEN STREET, University, Toronto