183 Madison Avenue

Annex, Toronto

183 Madison Avenue, Annex, Toronto

$2,200,000


Bedrooms: 3

Bathrooms: 4

Living Area: 1,500 sqft

Price Per Sqft: $1,466.67


About this Semi-Detached

in Annex, Toronto

Increasingly hard to find: a true freehold with a private drive, built-in garage, and a deeplot framed by mature trees - all on one of the neighbourhood's most sought-after streets.The main floor was designed for real living. A fully renovated kitchen features white shaker cabinetry, subway tile, open wood shelving, butcher block counters, and stainless appliances - opening directly into a dining area and a sun-filled family room with walk-out to the back deck and garden. The layout flows the way it should. Upstairs, the primary bedroom is generous in scale with double closets, a private balcony, and a ensuite. Two additional bedrooms on this level offer flexibility for family, guests, or a dedicated home office.The lower level adds significant living space - a large rec room with fireplace, bedroom, a bathroom, and direct access to the rear yard. Whether you're housing extended family, hosting, or simply spreading out, the space works.Outside, the backyard is a proper urban retreat: a stone patio, raised garden beds, and a canopy of mature trees that makes the city feel far away. The front of the property is equally distinctive - brick façade, arched garage door, and interlock drive give it a presence rarely found at this price point in The Annex. Three-plus bedrooms. Three-plus bathrooms. Garage and parking. Renovated kitchen. Freehold in The Annex asking $2.2M. This is the opportunity. Some photos in this listing have been virtually staged to showcase the home's potential.

Listed by REAL ESTATE HOMEWARD.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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