• Office: 416-548-7854
  • Mobile: 1-866-382-2968
  • Fax: 416-981-7184
  • Toll Free: 1-866-382-2968

$2,795,800
Available - For Sale
Listing ID: C11883138
575 Huron St , Toronto, M5R 2R6, Ontario


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.
Price $2,795,800
Taxes: $9527.65
Tax Type: Annual
Occupancy by: Tenant
Address: 575 Huron St , Toronto, M5R 2R6, Ontario
Postal Code: M5R 2R6
Province/State: Ontario
Legal Description: PCL 21-2 SEC M6; PT LT 21 E/S HURON*As P
Lot Size: 25.00 x 178.50 (Feet)
Directions/Cross Streets: St George Street & Bloor Street West
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 4462.00
Total Area Code:  Sq Ft
Area Influences: Public Transit   Subways
Washrooms: 4
Heat Type: Gas Hot Water
Central Air Conditioning: N
Water: Municipal
Schools

8 public & 5 Catholic schools serve this home. Of these, 8 have catchments. There are 2 private schools nearby.

Parks & Rec

4 playgrounds and 1 dog park are within a 20 min walk of this home.

Transit

Street transit stop less than a 3 min walk away. Rail transit stop less than 1 km away.

$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $28,940 $57,880 $86,820 $115,760
First Mortgage $549,860 $520,920 $491,980 $463,040
CMHC/GE $21,994.4 $16,148.52 $13,775.44 $0
Total Financing $571,854.4 $537,068.52 $505,755.44 $463,040
Monthly P&I $2,822 $2,650.34 $2,495.81 $2,285.02
Expenses $0 $0 $0 $0
Total Payment $2,822 $2,650.34 $2,495.81 $2,285.02
Income Required $105,824.93 $99,387.6 $93,592.94 $85,688.2

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$1,428.14
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Personal Picture
Dir:
1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Toronto
Municipality: Toronto
Neighbourhood: Annex
Style:
Lot Size: 25.00 x 178.50(Feet)
Approximate Age:
Tax: $9,527.65
Maintenance Fee: $0
Beds:
Baths: 4
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
$
%
%
Years