Annex, Toronto · Commercial · Investment
Last updated by the listing brokerage Oct 14, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2026 | $23,064 | — | MLS® listing |
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Sign in to view historyExceptional 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*
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First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
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