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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 C11823862). 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.
All existing appliances including fridges, stoves, dishwasher, washer and dryer. All in their "as-is" condition.
City: Toronto
Neighborhood: Annex
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Sep 10, 2024 | 83 | $2,998,000 | N/A | Terminated | C9310088 |
Purchase Price | $2795800 |
Down Payment | $559160 |
Mortgage Insurance | $0 |
Total Mortgage | $2236640 |
Mortgage Payment | $13783 |
Property Taxes | $741 |
Maintenance Fees | $0 |
Monthly Payment | $14524 |
Sold Comparables homes near 577 Huron St, Toronto
Located at 577 Huron St , this Toronto house is available for sale. This property was listed for $2,795,800 on Tue Mar 18 2025. This house's size is 25 x 178.5 Feet. It has 7 bedrooms and 5 bathrooms. The property includes the following rooms: Foyer, Br, Br, Br, Br, Br, Kitchen, Br, Kitchen, Sitting, Kitchen, Br. 577 Huron St, Toronto is situated in the Annex neighbourhood.
MLS#: C11824050 · $2,795,800 · 7 bedroom house in Annex, Toronto