55 MADISON AVENUE, Toronto (Annex)

$4,495,000

For sale: Multiplex

Multiplex at 55 MADISON AVENUE, Toronto (Annex)
Property type
Investment
MLS®
MLS® C14032390
Neighbourhood
Annex

Exceptional investment opportunity in Toronto's highly desirable Annex neighbourhood! Located at 55 Madison Avenue, this 15-unit multi-residential property offers investors a rare opportunity to acquire an income-producing asset in one of Toronto's most sought-after rental markets. Situated on a generous 50 x126 ft lot, the property features approximately 6,496 sq. ft. of existing building area across four levels, including the basement, along with a detached five-car garage offering five usable parking spaces - avaluable amenity in this prime urban location. Ideally situated steps from Bloor Street, the University of Toronto, Yorkville, TTC subway access, restaurants, shopping and everyday amenities. This central location supports strong long-term rental appeal and convenient access to major employment, educational and entertainment destinations. An outstanding opportunity for investors seeking a well-located multi-residential asset with long-term holding potential and future upside. *For Additional Property Details Click The Brochure Icon Below*

Sold data

Multiplex homes in Toronto (Annex) — recent sold market

Multiplex homes in Toronto (Annex) took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 73, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $1,449,000.

Homes sold for about 4.0% below asking on average, so there was room to negotiate.

About 27% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$1,449,000
Sale-to-list ratio
96.0%
Sold above asking
27%

Based on 45 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 55 MADISON AVENUE