8 Beds 4 Bath

552 Huron Street, Toronto C02, ON M5R 2R7

Toronto C02 M5R 2R7 Ontario

MLS: C12837956

$1,550,000

Added 1 hour ago | For Sale

Listed by: PROPERTY.CA INC.

About Property

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.

Features

  • House Style:Detached
  • Bathrooms:4
  • Land Size: 25 X 130
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Other
  • Cross Street:Lowther/Huron
  • Basement:Other , Other
  • Possession Date:Flexible
  • Annual Property taxes: $10912
  • Bedrooms:8
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Other
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:C12837956

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