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577 Huron Street Image 1

$2,795,800

Dec 5, 2024Investment For Sale
bedroomsbed
washrooms0bath
MLS - #C11883214

577 Huron Street, Toronto C02, ON M5R 2R6

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Average Price
279580000.0%
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Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 577 Huron Street

Nestled in the vibrant heart of the Annex, 577 Huron Street is a rare gem. This detached property offers a unique opportunity for savvy buyers and developers alike. It can be purchased on its own or together with the adjacent 575 Huron Street, which is also listed (MLS C11883138). The property boasts an impressive 178 ft. deep, unobstructed lot, perfect for redevelopment. With R (d1.0) (x900) zoning, the possibilities are vast from maintaining its current use as a licensed rooming house to creating a significant addition or even a completely new build. This property is being sold "as is" and offers lots of potential, whether you're looking to invest, redevelop, or simply capitalize on the property's highly sought after location. The property contains 7 rental rooms/self-contained units all on month-to-month tenancies. Don't miss out on this exceptional renovation and development opportunity in one of Toronto's most sought-after neighborhoods. **EXTRAS** Due to emergency access requirements, the feasibility of a "Garden Suite" exists if one can obtain a Limiting Distance Agreement with a neighbour. The buyer is advised to conduct their own due diligence.

Home Overview

Last updated

Feb 12

Virtual tour

None

Basement information

Building size

4462

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Additional Details

Basement:N/A
Cooling:No
Heating:Gas Hot Water
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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