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Exceptional 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*
Inclusions
Existing appliances, light fixtures, and building equipment owned by the seller, in their current condition,excluding tenant-owned items.
Exclusions
All tenant-owned appliances, furniture, personal belongings, fixtures and equipment not owned by the seller.
Broker
ICI SOURCE REAL ASSET SERVICES INC.
Neighbourhood
Annex
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Investment
55 Madison Avenue Toronto
Annex
Type
Investment
Parking
Outside/Surface
Property Tax
~$23,064/yr
Heating
Radiant
Buying Essentials
Square Feet
5096 sqft
Parking
Outside/Surface
Finances
List Price
$4,495,000
Price per SQFT
$882/sqft
Property Tax
~$23,064/yr
Property Specs
Property Type
Investment
MLS Size
5096 sqft
Living & Amenities
Heating Type
Radiant
Policies & Utilities
Neighbourhood
Annex
Listed On
Oct 14, 2026
Days on Market
Current: 24 days
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