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$2,795,800
Available - For Sale
Listing ID: C11883138
Located in the heart of the Annex, 575 Huron Street has been under the same ownership since the mid-1970s. This detached property offers an exceptional opportunity, whether purchased individually or together with 577 Huron Street, which is also listed (MLS C11883214). The open, deep 178 ft. lot with no obstructions offers great potential for various uses. Zoned for multiple purposes, MPAC has classified it as a "Residential property with three self-contained units," which accurately reflects its current configuration. With some mechanical upgrades and a recently updated roof, the property is being sold "as is." For the right buyer, it presents endless possibilities, versatility, and significant developmental potential. Opportunities to acquire such a unique property in the Annex are rare. The 2nd. & 3rd. floor tenants are on month-to-month tenancies. The main floor and basement is currently vacant. **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.
Price $2,795,800
Taxes: $9,527.65
Tax Type: Annual
Occupancy by: Tenant
Address: 575 Huron St , Toronto, M5R 2R6, Ontario
Postal Code: M5R 2R6
Province/State: Ontario
Legal Description: PCL 21-2 SEC M6; PT LT 21 E/S HURON*As P
Lot Size: 25 x 178.5 (Feet)
Directions/Cross Streets: St George Street & Bloor Street West
Zoning: R (D1.0) X (X900
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 4,462
Total Area Code:  Sq Ft
Area Influences: Public Transit   Subways
Heat Type: Gas Hot Water
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

575 Huron St , Toronto, M5R 2R6, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto
Neighbourhood: Annex
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Lot Size: 25.00 x 178.50(Feet)
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Tax: $9,527.65
Maintenance Fee: $0
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Baths: 4
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