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.
About this home
Photos of 173-175 Madison Avenue
Facts and features of 173-175 Madison Avenue
| Type | Multiplex |
|---|---|
| Style | 3-Storey |
| Bedrooms | 14 |
| Bathrooms | 15 |
| Size | 3500-5000 sq ft |
| Lot | 49.21 x 126 Feet |
| Parking | 7 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Basement | Apartment |
| Exterior | Brick |
| Taxes | $22,003 (2026) |
| Days on market | 134 |
| Listing brokerage | RIGHT AT HOME REALTY |
Around this home
What’s near 173-175 Madison Avenue
From 173-175 Madison Avenue, the nearest station is Dupont station (Line 1 Yonge-University), about 200 m away; the nearest grocery store is New Forest Market, about 300 m away; the nearest TDSB elementary school is Huron Street Junior Public School, about 400 m away; and the nearest park is Jean Sibelius Square, about 400 m away.
Transit
- Dupont station Line 1 Yonge-University about 200 m
- Spadina station Line 1 Yonge-University · Line 2 Bloor-Danforth about 550 m
- St George station Line 1 Yonge-University · Line 2 Bloor-Danforth about 750 m
Groceries and pharmacies
- New Forest Market Grocery about 300 m
- Shoppers Drug Mart Pharmacy about 300 m
- Creeds Grocery about 650 m
- Davenport Pharmacy Pharmacy about 750 m
- Summerhill Market Grocery about 750 m
Parks
- Jean Sibelius Square Park about 400 m
- Walmer Road Parkette Park about 400 m
- Boulton Drive Parkette Park about 450 m
Schools
- Huron Street Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 79% · Gr 6 math 59% about 400 m
- Palmerston Avenue Junior Public School TDSB elementary · JK-6 EQAO 2024-25: Gr 6 reading 88% · Gr 6 math 73% about 950 m
- Delta Senior Alternative School TDSB middle school · 7-8 about 2.0 km
- Holy Rosary Catholic School Catholic elementary · JK-8 EQAO 2024-25: Gr 6 reading 100% · Gr 6 math 55% about 1.4 km
- Central Technical School TDSB secondary · 9-12 EQAO 2024-25: Gr 9 math 34% · Gr 10 literacy 74% about 1.2 km
- Msgr Fraser Orientation Centre Catholic secondary · 9-12 about 1000 m
Nearest schools, not necessarily the ones that serve this address. Check with the TDSB and TCDSB school locators.
Community
- Spadina Road Library Library about 650 m
- Miles Nadal Jewish Community Centre Community centre about 850 m
- William H. (Bill) Bolton Arena Pool or arena about 850 m
Private schools
- Girls
- The Bishop Strachan School JK to Grade 12 about 1.9 km
- Branksome Hall JK to Grade 12 about 2.0 km
- Boys
- Royal St. George's College Grades 3 to 12 about 650 m
- St. Michael's College School Grades 7 to 12 about 1.6 km
- Upper Canada College JK to Grade 12 about 2.0 km
- Co-ed
- The Mabin School JK to Grade 6 about 600 m
- Howlett Academy JK to Grade 8 about 650 m
- The Shire School JK to Grade 6 about 800 m
- University of Toronto Schools (UTS) Grades 7 to 12 about 800 m
Within a 40-minute walk, from our list of private schools in central Toronto (checked October 2026). Fees and admissions on each school’s site. See all private schools
Restaurants
- Casa Mezcal Google reviews about 200 m
- The Backyard Smokehouse Google reviews about 200 m
- Chilliy Pepper Tacos Google reviews about 250 m
- Roti Cuisine of India Google reviews about 300 m
- Playa Cabana Google reviews about 400 m
Places: OpenStreetMap contributors, October 2026. Straight-line distances. Schools: EQAO 2024-25, Ontario Ministry of Education.
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173-175 Madison Avenue
Listing information is deemed reliable but is not guaranteed accurate by PropTx or the Toronto Regional Real Estate Board. Data source: PropTx. Listings are refreshed from the MLS® at least daily.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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MLS® C13458602 Data source: PropTx Listed June 17, 2026
