173-175 Madison Avenue, Toronto C02, ON M5R 2S6 (spadina and dupont)

Price : $5,999,000.00 , MLS®# : C13458602

Description

Unique Offering, Two-semi detached homes offered together for sale, converted into a 3.5 story 7- plex in the Annex. 1- 3 bedroom unit with 3 washrooms, and 6-2 bedroom units with 2 washrooms, all with ensuite laundry. Hyrdo electricity and gas is all separately metered. Tall ceilings. Combined, the two semis make one of the largest built structures in the Annex. The rear of the property is at the end of the laneway and has 7 car parking. Property is fully rented and is being offered for ~4% cap rate. Benefit from stable rental income or convert into a giant single family home. Heritage property status offers the benefit of lower property tax and financial assistance from the city to maintain the exterior of the building.

Location Description

spadina and dupont

Property Details
  • Community: Annex
  • Property Type: Tenant/Residential Freehold
  • Bedrooms: 14
  • Bath: 15
  • Garages: None
  • Annual Property Taxes : $ 22003
Building Features
  • Foundation Type: Concrete Block
  • Counstruction Material : Brick
  • Total Parking Space : 7
  • Parking Type : None
Building Features
  • Heating : Forced AirElectric
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 50 sq.ft
  • Land Depth: 126sq.ft

Listing Contracted With: RIGHT AT HOME REALTY