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.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2 1/2 Storey
Depth:
178'6"54.4 m
Frontage:
25'7.62 m
Direction Faces:
East
Bedrooms:
7
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
5
Bedrooms Above Grade:
7
Kitchens Above Grade:
5
Rooms Above Grade:
11
Ensuite Laundry:
No
Heating type:
Water
Heating Fuel:
Gas
Foundation:
Unknown
Roof:
Unknown
Basement:
Full, Unfinished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Family Room:
No
Possession Details:
30-90/TBA
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included
Taxes:
$8,891.04 /
2024
Assessment:
$- /
-
Toronto C02
Annex
Toronto
Library, Park, Public Transit, School
Other
Gas hot water tank.
All existing appliances including fridges, stoves, dishwasher, washer and dryer. All in their "as-is" condition.
None, except any fixtures that might be owned by tenants.
Data was last updated April 18, 2025 at 12:15 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$3,395,000
Min list price:
$1,365,000
Max list price:
$8,998,000
Avg days on market:
32
Min days on market:
1
Max days on market:
182
These statistics are generated based on the current listing's property type
and located in
Annex. Average values are
derived using median calculations.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.