$2,795,800Asking Price
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.
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.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 | Foyer | Main | 12.63' x 10.50' | Hardwood Floor, Fireplace |
2 4-Piece Bathrooms on Main Floor | ||||
1 4-Piece Bathroom | ||||
1 3-Piece Bathroom | ||||
1 4-Piece Bathroom |
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The Annex, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of youth aged 20 to 24 and adults aged 25 to 39.
Kids Per Family
0.6
kids per family
in the neighbourhood.
59%
of residents are
single and loving it.
59% singles
Toronto (50%)
70%
of residents
are renters.
70% renters
Toronto (47%)
74%
of residents are
university grads.
74% university grads
Toronto (48%)Average Household Income
$176K
is the average household
income in the neighbourhood.
Professions
Government | 18% |
Business | 13% |
Sales | 12% |
Management | 9% |
Culture | 8% |
28%
of residents were
born outside of Canada.
28% immigrants
Toronto (48%)2.8% from USA
All-time
0.8% from USA
Recent
Foreign Languages
French | 3% |
Spanish | 2% |
Mandarin | 2% |
Cantonese | 2% |
Korean | 1% |
Religions
Christian | 40% |
Jewish | 11% |
Muslim | 3% |
Buddhist | 2% |
Hindu | 1% |
Social Housing Buildings
8
Social housing buildings
in the neighbourhood.
Shelters
2
Homeless shelters in
the neighbourhood.