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575 Huron St

Huron StMidtownTorontoON, M5R 2R6

4
Beds
4
Baths
$2,998,000
List Price
575 Huron St, Toronto, ON - 1 of 3
575 Huron St, Toronto, ON - 2 of 3
575 Huron St, Toronto, ON - 3 of 3
73 days on market

Quick Summary

  • Exceptional development opportunity
  • Versatile zoning for multiple uses
  • Spacious 178 ft deep lot with no obstructions
  • Potential for additional self-contained units
  • Recently updated roof with mechanical upgrades
  • Rare acquisition in desirable Annex neighborhood
  • Flexible month-to-month tenancies
  • Possibility of adding a Garden Suite

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 C9310088). The open, deep 178 ft. lot with no obstructions offers great potential... Show More

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 C9310088). 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. All tenancies are currently on a month-to-month basis, with the main floor and basement units set to be vacant at the end of the month. 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.

Property Details

Size

Sq. Ft. Not Available
12 total rooms
4 Beds
4 Above Grade
4 Baths

Parking

None

Build

Year Built
-
Model Name
-
Basement
Finished, W/O
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
Laminate, Hardwood Floor, Tile Floor
Roof
-

Heating & Cooling

Heating
Water
Cooling
None

Utilities

Water
-
Sewer
Sewers
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Rooms

Foyer

9′8″ x 14′9″

Living

11′2″ x 15′5″

Dining

11′1″ x 17′8″

Kitchen

7′5″ x 9′8″

Living

0′0″ x 0′0″

Kitchen

0′0″ x 0′0″

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$9,527.65

Source

Listing Brokerage

MLS® Listing
C9310418
Last Updated
September 11, 2024
Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Call us 800-591-0566

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