Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

173-175 Madison Avenue, Toronto C02, ON M5R 2S6 (spadina and dupont)
$ 5999000 - MLS : C13458602

From Our Gallery

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 Detail

Community: Annex
Property Type: Tenant/Residential Freehold
Bedrooms: 14
Bath: 15
Garages: None
Annual Property Taxes : $ 22003

Lot dimensions: sqft
Baths:

Facts and Features

Foundation Type: Concrete Block
Counstruction Material : Brick
Total Parking Space : 7
Parking Type : None

Amenities

Heating : Forced AirElectric
Sewer : Sewer ,

Listing Contracted With: RIGHT AT HOME REALTY

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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