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New8 hours ago

552 Huron Street

Annex, Toronto C02

$1,550,000

Detached|2 1/2 Storey
8 | 4 | 0
About this home

Rare land-value offering in Toronto's highly sought-after Annex neighbourhood. This detached property sits on a 25 x 130 ft lot and is being sold strictly for redevelopment purposes. Located within the City of Toronto's Major Transit Station Area (MTSA), the property supports single-family or multiplex residential development as-of-right under current planning policy. Preliminary zoning review suggests the potential for approximately 4-6 residential units (~4760sf), together with a possible garden suite (~880sf), subject to compliance with applicable by-laws, performance standards, servicing capacity, and municipal approvals. This designation may provide a streamlined pathway for gentle density intensification, subject to buyer due diligence. Positioned steps from Bloor Street, subway access, and the University of Toronto, the site offers the fundamentals for long-term redevelopment in an established, transit-oriented neighbourhood with consistent rental demand. Ideal for investors, builders, or developers seeking a well-located urban infill opportunity. The existing structure has sustained flood damage and is not habitable. The property is offered in "as is, where is" condition with no representations or warranties. Multiplex and Garden Suite report available upon request.

Extras

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TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$10,912
Lot Size25 ft x 130 ft
mls© NumberC12837956
Listed ByPROPERTY.CA INC.

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