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$2,795,800
Available - For Sale
Listing ID: C11824050
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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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $139,790 $279,580 $419,370 $559,160
First Mortgage $2,656,010 $2,516,220 $2,376,430 $2,236,640
CMHC/GE $73,040.28 $50,324.4 $41,587.53 $0
Total Financing $2,729,050.28 $2,566,544.4 $2,418,017.53 $2,236,640
Monthly P&I $11,688.31 $10,992.31 $10,356.18 $9,579.36
Expenses $0 $0 $0 $0
Total Payment $11,688.31 $10,992.31 $10,356.18 $9,579.36
Income Required $438,311.65 $412,211.65 $388,356.81 $359,225.84

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

577 Huron St , Toronto, M5R 2R6, Ontario

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto
Neighbourhood: Annex
Style: 2 1/2 Storey
Lot Size: 25.00 x 178.50(Feet)
Approximate Age:
Tax: $8,891.04
Maintenance Fee: $0
Beds: 7
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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