New ListingExceptional 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*
| MLS # | C14032390 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 6 |
| Listing Provided By | ICI SOURCE REAL ASSET SERVICES INC. | C14032390 209900 |
| SQ Feet | 5,096 |
|---|---|
| Acreage | 0.12 |
| Cooling | No |
|---|
| Security Features | Yes |
|---|
| Utilities | Yes |
|---|---|
| Sewer | Storm |
| Tax Annual Amount | 23063.75 |
|---|---|
| Tax Type | N/A |
| Tax Legal Description | PCL 109-1 SEC M2; LT 109 E/S MADISON AV PL M2 TORONTO; TORONTO , CITY OF TORONTO |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C02 |
| Postal Code | M5R 2S3 |
| Area | Annex |
| Listing VS Median (in M5R 2S3) | |
Price: $4,495,000 low | high Med: $3,447,450 sqft: 5,096 low | high Med: 4,313 $ / sqft: $882 low | high Med: $781 On site: 6 low | high Med: 85.5 | |
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto C02 |
| Postal Code | M5R 2S3 |
| Area | Annex |
| Listing VS Median (in M5R 2S3) | |
Price: $4,495,000 low | high Med: $3,447,450 sqft: 5,096 low | high Med: 4,313 $ / sqft: $882 low | high Med: $781 On site: 6 low | high Med: 85.5 | |