
173-175 MADISON AVENUE
ANNEX / YORKVILLE / SUMMERHILL, ONTARIO
FOR SALE
HIGHLIGHTS
STATUS
FOR SALE
PRICE
$5,999,000
BEDS
14
BATHS
15
PARKING
—
SQ. FT
3,500
MLS#
C13458602
OPEN HOUSE
SHARE
ABOUT THIS PROPERTY
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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