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$2,795,800Asking Price

577 Huron Street, Toronto, ON M5R 2R6

The Annex, Toronto

Detached
7
Bedrooms
5
Baths
0
Parking
Days on Market

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.

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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.

Key Info

  • 2.5-Storey Detached
  • 0-Car Driveway
  • No Garage
  • St George Street & Bloor Street West
  • Basement: Full, Unfinished
  • 5 Kitchens
  • Water Gas Heating
  • No A/C

Property

  • Lot Size 25 x 178.5 Feet
  • Brick Exterior
  • Taxes were $8,891 in 2024
  • Possession: 30-90/TBA

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #C11824050
  • ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Extras

Room Floor Dimensions Details
1 Foyer Main 12.63' x 10.50' Hardwood Floor, Fireplace
Washroom2 4-Piece Bathrooms on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 4-Piece Bathroom

Who lives here?

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.

Families

Kids Per Family

0.6

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

59% of residents are
single and loving it.

59% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

70% of residents
are renters.

70% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

74% of residents are
university grads.

74% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$176K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Government 18%
Business 13%
Sales 12%
Management 9%
Culture 8%

Immigrants

28% of residents were
born outside of Canada.

28% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

USA was once home to 2.8% of immigrants.
China 2.3%
Caribbean 1.6%
UK 1.6%
India 1.1%

2.8% from USA
All-time

Birthplace - Recent

USA was once home to 0.8% of immigrants.
India 0.6%
China 0.5%
UK 0.4%
Iran 0.4%

0.8% from USA
Recent

Foreign Languages

Foreign Languages

French 3%
Spanish 2%
Mandarin 2%
Cantonese 2%
Korean 1%

Religions

Religions

Christian 40%
Jewish 11%
Muslim 3%
Buddhist 2%
Hindu 1%

Social Housing

Social Housing Buildings

8

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)