575 Huron St

Toronto C02 | Annex | M5R 2R6
  • 4462.0 sqft
  • 0 gar

$2,795,800

Est. Mtg $9,480 /mo
  • Days on market

    121

  • Status

    A

Listing Broker ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Since listed: 1 views

Home details

MLS #:

C11883138

Property type:
Investment
Style:
Taxes:
$9,528
Possession:
30-90 Days/TBA
Condo Fee:
Lot Size:
25.0 X 178.5
Zoning:
R (D1.0) X (X900)
Use:
Apts-2 To 5 Units
Heat:
Gas Hot Water

Description


575 Huron St, , Toronto, Ontario is a Investment property in Toronto C02 and in the Annex community in the M5R 2R6 postal code


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..

Extras

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Payment calculator

$10274 monthly. In association with: TD Bank
%
  • Principal and Interest
    9480 /mo
  • Property Taxes
    $793 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ben Pourkamali, Realtor

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