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$2,795,800
Available - For Sale
Listing ID: C11823862
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 C11824050). 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.
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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.

575 Huron St , Toronto, M5R 2R6, Ontario


 
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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: $9,527.65
Maintenance Fee: $0
Beds: 4
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Maria Tompson
Sales Representative

Cell: 416-548-7854
Office: 1-866-382-2968
Fax: 416-981-7184

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Your Company Name, Brokerage
Independently owned and operated.
 4711 Yonge Street, 10th Floor, Toronto, ON, M2N 6K8
 



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