Toronto, ON · M5R 2S3 · MLS® C14032390Updated
$4,495,000
55 Madison Ave is an investment in Toronto, listed for $4,495,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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*
Toronto investment priced at $4,495,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: ICI SOURCE REAL ASSET SERVICES INC., BrokerageMLS® C14032390 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Other homes for sale in Toronto around $4.5M.
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Every active Toronto MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 9,532 sales from Jul 16 – Oct 14, 2026 (6,655 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Stations and stops, straight-line distance
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Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
55 Madison Ave is listed at $4,495,000 (MLS® C14032390). Summitly updates the price as soon as the MLS® record changes.
No — 55 Madison Ave is still listed at its original asking price of $4,495,000.
The listing for 55 Madison Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
The nearest rapid-transit station is Spadina Station (Line 1, Line 2), about 190 m (about a 2-minute walk) in a straight line. St. George Station is about 420 m (about a 5-minute walk), and Dupont Station is about 590 m (about a 7-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $4,495,000 is about 429% above the median sold price in Toronto over the last 90 days, $849,000, across 9,532 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 55 Madison Ave on record from the last two years. Older records aren't shown under TRREB rules.
55 Madison Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
55 Madison Ave was listed today (October 14, 2026).
About $231,303 at the asking price of $4,495,000: $98,850 Ontario land transfer tax plus $132,453 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
The listing for 55 Madison Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
The listing for 55 Madison Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
