Home with brick exterior material, street for 577 Huron St, Toronto Ontario M5R 2R6
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Re-listed 23 hours ago

577 Huron St, Toronto, Ontario M5R 2R6

Detached
7
5
~2000-2500 sqft
$•••,•••
$2,498,900
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Detached
7
5
~2000-2500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,124/sqft

Est. Mortgage$10,732/mo

Tax Amount (2024)$8,891/yr

Days On Market23 hours

Total Days On Market240 days


Description

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 #C12128815). 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.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt~2000-2500 SqFt
Lot Size4,462 SqFt(178.5 x 25)
Parking Spaces-
MLS ®NumberC12128813
Community NameThe Annex
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Water
Basement: Full, Unfinished

Main Floor

Br

0.0 x 0.0

Foyer

3.85 x 3.2

hardwood floor / Fireplace

Br

0.0 x 0.0

Combined W/Living / Galley Kitchen / 4 Pc Bath

Br

0.0 x 0.0

Combined W/Living / Galley Kitchen / 4 Pc Bath


Features

Lot size: 4,462 SqFt

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
23 hours on market
history photo preview14
Listing by trreb®
Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage

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Market Data - The Annex

Geo Zone Map ThumbnailThe Annex

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

65 days

2023

6 days

2022

16 days

New Listings

Past 30 days

3 listings

Compared to

2024

8 listings

2023

5 listings

2022

6 listings

Units sold

Past 30 days

1 unit

Compared to

2024

3 units

2023

1 unit

2022

2 units

Median Sold Price

Past 30 days

$2,599,000

Compared to

2024

$4,165,000

2023

$2,215,000

2022

$6,322,500


Population and Demographics

Overview

Total population 15854
Average household income $252,489

Age (%)

20 to 34
33%
65 and plus
20%
35 to 49
20%
50 to 64
17%
0 to 19
10%

Household composition (%)

Single person
53%
Single family
38%
Multi person
9%
Multi family
0%

Mother tongue (%)

English
79%
Mandarin
3%
Spanish
3%
French
3%
Others
3%
Yue (Cantonese)
2%
Korean
1%
Portuguese
1%
Russian
1%

House tenancy (%)

Renters
68%
Owners
32%

Schools and amenities

Estimated Budget