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.
MLS# | C11883214 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 75 |
Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | Not Provided |
Bath(s) | 5 |
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SQ Feet | 4,462 |
Acreage | 0.10 |
State | ON |
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County | Toronto |
City | Toronto C02 |
Zip Code | M5R 2R6 |
Area | Annex |
Listing VS Median (in M5R 2R6) | |
Price: $2,795,800 low | high Med: $2,795,800 SqFt: 4,462 low | high Med: 4,462 $ / SqFt: $627 low | high Med: $627 On Site: 75 low | high Med: 75.000000 |