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For saleMLS® C14032390

55 Madison Avenue, Toronto, ON M5R 2S3

Annex · C02 · M5R 2S3

$4,495,000

$882 / sq ft

3 weeks on market

Total area
5,096 sf
Lot
50 × 126 ft

What's special

  • Outside/surface garage

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About this property

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*

Property details

Property

Property type
investment
Interior size
5,096 sq ft
Lot size
50 × 126 ft
Zoning
Residential
Possession
Anytime

Interior

Heating
Radiant
Cooling
No

Exterior & services

Garage
Outside/Surface
Sewer
Storm

Costs

List price
$4,495,000
Property taxes
$23,064 / year (2026)
Price per sq ft
$882

Listing

MLS® number
C14032390
Status
For sale
Listed
October 14, 2026
Days on market
22
Last updated
October 14, 2026
Listing brokerage
ICI SOURCE REAL ASSET SERVICES INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 79% of comparable multi-unit / investment listings in Toronto are asking less.

$882KMedian $2.70M$8.27M
This home
$882 / sq ft
Comparable median
$697 / sq ft

Based on 95 comparable active multi-unit / investment listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $899,000
$899,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$19,882.90
Property tax (est.)
$1,921.98
Estimated monthly
$21,805

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$98,850
Toronto municipal
$118,750
Total due on closing
$217,600

An estimate on the asking price of $4,495,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ICI SOURCE REAL ASSET SERVICES INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$4,495,000

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