50 Madison Ave

Annex, Toronto, M5R 2S4
UNAVAILABLE
50 Madison Ave, Toronto
Browsing Limit Reached
Please Register for Unlimited Access
5
BEDROOMS
3
BATHROOMS
3
KITCHENS
15
ROOMS
C3962093
MLSID
Contact Us
Property Description
Detached House Located In The Heart Of Prestigious Annex Neighborhood. Steps To Bloor St. & 4 Min. Walk To Spadina Station. Two X 2 Bdrms Apartment With Separate Living, Dining & Kitchen; One 1 Bdrm Unit In The Lower Level. Expansive Units With Large Bedrooms. Three Separate Hydro Meters Allows For Tenants To Pay Their Own Hydro (200 Amp Service). Right Of Way Over Driveway. Amazing Investment In The Heart Of The City!
Extras
New Roof And Boiler In 2006 With 30 Yr. Shingles. Interconnected Smoke Alarms W/Pull Station. 3 Stoves, 3 Fridges, 1 B/I Dw, 1 Portable Dw, 3 W/D. Gross Income Of $53,473 Mo/Mo Tenancies. Possible Two Parking Spaces In Rear Yard.
Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Public Transit
Property Details
Community
Property Type
Triplex, 2-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
27' x 94'
Lot Irregularities
*Pl Ms Toronto; Pt Lt 83 W/S
Fronting
West
Taxes
$8,510 (2016)
Basement
Finished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
2
Driveway
Rt-Of-Way
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingMain18.01' x 12.60'Broadloom, Bay Window
DiningMain18.01' x 11.42'Broadloom
BrMain14.63' x 9.84'Broadloom, Closet
BrMain11.29' x 9.55'Broadloom, Closet
KitchenMain12.40' x 7.74'Tile Floor
Living2nd16.01' x 12.01'Hardwood Floor, Large Window
Office2nd8.04' x 8.73'Hardwood Floor, Window
Dining2nd10.76' x 11.38'Hardwood Floor, Window
Kitchen2nd12.40' x 7.74'Linoleum
Br2nd14.63' x 9.84'Hardwood Floor, Closet
Br2nd11.29' x 9.55'Hardwood Floor, Closet
BrLower12.57' x 19.59'Broadloom, Walk-Out, Closet
Toronto Market Statistics
Toronto Price Trend
50 Madison Ave is a 5-bedroom 3-bathroom home listed for sale at $1,750,000, which is $852,695 (32.8%) lower than the average sold price of $2,602,695 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 5 bedroom home in Toronto increased by $198,095 (8.2%) compared to the previous 30 day period (February 26 - March 26) and down $282,952 (9.8%) from the same time one year ago.
Inventory Change
There were 133 5-bedroom homes listed in Toronto over the last 30 days (March 27 - April 25), which is up 14.7% compared with the previous 30 day period (February 26 - March 26) and up 22.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
5-bedroom homes in Toronto typically sold ($58,646) (2.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $39,039 decrease compared to the previous 30 day period (February 26 - March 26) and ($18,196) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Toronto over the last 30 days (March 27 - April 25) stood at 45.1%, down from 51.7% over the previous 30 days (February 26 - March 26) and down from 59.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Toronto stood at 15 days when successfully sold over the last 30 days (March 27 - April 25), compared to 63 days before being removed from the market upon being suspended or terminated.
Listing contracted with Harvey Kalles Real Estate Ltd., Brokerage
Similar Listings
22 Rowland St, Toronto
4+1
BEDS
3
BATHS
$1,777,000
FOR SALE
Premium Location High Park Triplex On Tree Lined Quiet Cul De Sac, Surrounded By Parks! Walk To Transit, Shopping, Bloor West Village, The Junction & More! 3 Self Contained Units, 2 X 2 Bedrooms, 1 X1 Bdrm. Fully Tenanted. Great Income Potential. Private Backyard W/Patio. 2 Car Garage 3 Car Parking In Total. Potential Yearly Income $90,000.
11 Dennis Ave, Toronto
4+2
BEDS
3
BATHS
$1,579,900
FOR SALE
Don't Miss Out On This Amazing Chance To Acquire A Fully Renovated, Legally Zoned Triplex In A Rapidly Gentrifying Locale, Just A Stone's Throw Away From The New Mount Dennis Go Station. Revel In The Abundance Of Natural Light That Permeates Each Of The Three Immaculate Two-Bedroom Units, Complete With Their Own En-Suite Washer/Dryer. Additionally, Take Advantage Of The Capacious Backyard And Garage, Which Could Potentially Accommodate A Garden Suite To Further Enhance The Property's Density.
7 Auburn Ave, Toronto
6
BEDS
3
BATHS
$1,999,900
FOR SALE
Welcome to this exceptional investment opportunity in Corso Italia, Toronto! This triplex features three fully rented 2-bedroom units, each boasting a 4-piece bathroom for maximum tenant comfort. With the added convenience of four separate hydro meters and three separate hot water tanks, managing utilities is a breeze. The property includes coin laundry facilities, enhancing its appeal for both landlord and tenants. Enjoy the convenience of a 2-car detached driveway with Laneway access, making parking a hassle-free experience. Don't miss out on this turnkey investment with a solid rental history.
246 Delta St, Etobicoke
6+2
BEDS
3
BATHS
$1,950,000
FOR SALE
ATTENTION TO ALL INVESTORS!!! An amazing investment opportunity!! This large legal triplex, 3 bedroom apartments on each floor with balconies on a huge lot 50x120 feet with 100% occupancy, excellent Cap rate and great ROI brings you a good cash flow with a potential to increase. Located in the sought out "Sherway Gardens" community with easy access to parks, schools, Trillium Hospital, Humber College, Plazas, Grocery store, Banks, Highways & TTC. 15 mins from Toronto Downtown. This incredible, very well maintained property comes with lots of upgrades AC 2020, Furnace 2020, Windows 2012 & Floors 2019. Upgraded kitchens with quartz countertops, upgraded washrooms with glass standing showers. Don't miss this Opportunity!!!
2957 Lawrence Ave E, Scarborough
6+2
BEDS
3
BATHS
$1,489,000
FOR SALE
GREAT INVESTMENT PROPERTY, CLOSE TO SCARBOROUGH HOSPITAL, CLOSE TO ALL AMENITIES FEW MINUTES FROM SCARBOROUGH TOWN CENTRE, FIRST/SECOND FLOOR HAS 3 LARGE SIZE BEDROOM CURRENTLY USED AS SUPPORT CARE FOR PATIENTS COIN OPERATED LAUNDRY. EACH UNIT CAN BE RENTED SEPARATELY OR LIVE AND HAVE YOUR MORTGAGE PAID BY TENANTS/CLIENTS CLOSE TO ALL AMENITIES. CHURCH, GROCERY STORES ETC. NEW ROOF (2021), FIRE DOORS INSTALLED. JUST WHAT YOU HAVE BEEN LOOKING FOR.
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
1279168308