61 Madison Avenue Rear Bsmt

Annex, Toronto, M5R 2S3

$1,650/mo

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  • 1 bedrooms
  • 1 bathrooms
  • 0 parking
  • < 700 sq ft

Listed today · MLS® C14098234

About this home

1Y Renovated! Price Includes all utilities! Tenant gets own internet! In the heart of the Annex, a beautiful red brick building leading to your own basement apartment. Minutes walk from UT campus and subway. Perfect for working professionals, young couples or UT Students.Coin Operated Laundry, Onsite-Parking Available at added 135/mo. Available Immediately! Newly Painted!

Details

Type
Multiplex
Style
3-Storey
Size
< 700 sq ft
Basement
Finished
Garage
None
Kitchens
1
Neighbourhood
Annex
Municipality
Toronto C02
Rent increase limit
Depends on when the unit was first lived in: before Nov. 15, 2018 it’s covered by Ontario’s yearly limit (2.1% in 2026); after, there’s no cap.

Interior

Bedrooms
1 above ground
Bathrooms
1 × 3-piece (main)
Rooms
3 above ground
Family room or den
No
Fireplace
No
Laundry
Coin Operated
Features
Primary Bedroom - Main Floor
Furnished
Unfurnished

Heating, cooling and services

Heating
Radiant, Gas
Air conditioning
Window Unit(s)
Water and sewer
Sewer

Building and exterior

Style
3-Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Brick
Faces
East

Rental terms

Rent includes
Heat, Water, Snow Removal, Hydro

More

Possession
Immed/Flex
Cross street
Bloor/Spadina

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

  • 🚇 Spadina Subway3 min walk
  • 🚇 St. George Subway7 min walk
  • 🚆 Toronto Union Station GO3.4 km

Within a 10-minute walk: 10 grocery stores, 167 cafés and restaurants, 30 parks, 9 pharmacies. Nearest grocery: Galleria The Kitchen Express (400 m). Nearest park: Huron Street Playground (200 m).

Schools nearby

Elementary

  • Huron Street Junior Public School
    EQAO: Gr 6 reading 79%, math 59%
    2 min walk
  • Palmerston Avenue Junior Public School
    EQAO: Gr 6 reading 88%, math 73%
    15 min walk

Secondary

  • Monsignor Fraser College - Annex Campus Catholic13 min walk
  • ALPHA II Alternative School13 min walk
  • Central Technical School
    EQAO: Gr 9 math 34%, literacy test 74%
    14 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5R

Owners / renters
39% / 61%
Median household income
$86,000
Average age
46
Children under 15
8%
Homes
5% detached, 54% high-rise
Commute by transit
25%
Population
26,197

Languages spoken most at home besides English: Mandarin 1.3%, Spanish 1%, Yue (Cantonese) 0.7%, Iranian Persian 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Annex (2025): 35% above the Toronto average, down 12% from the year before.

  • Assault41% above average
  • Break and enter104% above average
  • Auto theft48% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootings36% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 16 active

  • 300 BLOOR ST W · 300 m
    Plan of Condominium · Draft Plan Approved · applied 2026
    Draft Plan of Standard Condominium to create 339 residential units and 1 retail unit within a 34-storey building.
    Application details
  • 171 LOWTHER AVE · 350 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    Lift the hold ('H') application for By-law 410-2024.
    Application details
  • 171 LOWTHER AVE · 350 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 11-storey residential building with 64 dwelling units, including the retention of part of the heritage building at 171 Lowther Avenue.
    Application details
  • 40 WALMER RD · 300 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 25-storey building with a mix of rental replacement units (33 units) and condominium ownership units, totalling 253 units.
    Application details
  • 262 ST GEORGE ST · 350 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    Appealed on April 24, 2026.Combined Official Plan & Zoning By-law Amendment for an 18-storey building containing 121 dwelling units, and the adaptive re-use of…
    Application details
  • 425 BLOOR ST W · 450 m
    Site Plan · Under Review · applied 2022
    Proposal for a 30-storey building with retail units at grade along Bloor Street West. Overall, the proposal will introduce 472 residential units and 798 square…
    Application details

20 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 3 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Heritage Protected

This address is on Toronto’s Heritage Register: Heritage Conservation District (Part V) (2019). Changes to the outside (and sometimes inside) usually need a heritage permit, and demolition is restricted.

Heritage Register entry

Building permits

No building permits at this address since 2014.

7 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

56 City street trees within 100 m, mostly maples. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE PEACELAND REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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