55 Madison Avenue, Toronto, ON M5R 2S3
Annex, Toronto · Near Bloor and Spadina · View map
About this home
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*
The home
- Type
- Investment
- Square footage
- 5096 sq ft
- Lot size
- 50 x 126 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Radiant
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $23,064/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Anytime
- Cross street
- Bloor and Spadina
- Neighbourhood
- Annex
More
- MLS® number
- C14032390
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
55 Madison Avenue, Toronto, ON M5R 2S3
Annex, Toronto · Near Bloor and Spadina
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Listing history for 55 Madison Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 55 Madison Avenue
Answers come straight from this home’s MLS® listing.
How much is 55 Madison Avenue listed for, and what would it cost each month?
55 Madison Avenue is listed for $4,495,000. With 20% down ($899,000), the mortgage payment would be roughly $18,132 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $20,054 a month, all in. That figure is an illustration, not a quote.
Is 55 Madison Avenue freehold or a condo, and is there a monthly fee?
55 Madison Avenue is a investment in Annex, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 55 Madison Avenue have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 55 Madison Avenue?
55 Madison Avenue is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 55 Madison Avenue, and what is the lot size?
The lot is listed as 50 x 126 ft.
How is 55 Madison Avenue heated and cooled?
Heating is radiant. The listing does not show air conditioning.
What are the property taxes for 55 Madison Avenue?
Property taxes are $23,064 a year (2026), or about $1,922 a month.
Where is 55 Madison Avenue?
55 Madison Avenue is in the Annex community of Toronto. The nearest main intersection is Bloor and Spadina. The postal code is M5R 2S3.
Is 55 Madison Avenue still for sale?
Yes. It is an active listing (MLS® C14032390). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 55 Madison Avenue asking?
Similar properties for sale nearby right now include Level 7 - 920 Yonge Street at $4,499,900, 192 Davenport Road at $4,500,000 and 1052 Bathurst Street at $4,200,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 55 Madison Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 55 Madison Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Annex, picked by style, size and price.
Office$4,499,900Level 7 - 920 Yonge Street, TorontoAnnexCourtesy of: HOMELIFE NEW WORLD REALTY INC.View home →
Commercial retail$4,500,000192 Davenport Road, Toronto2 bath · AnnexCourtesy of: SOTHEBY'S INTERNATIONAL REALTY CANADAView home →
Store w apt / office$4,200,0001052 Bathurst Street, Toronto4 bath · AnnexCourtesy of: RE/MAX REALTY SPECIALISTS INC.View home →Courtesy of: ICI SOURCE REAL ASSET SERVICES INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.