1235 Avenue Rd

AAA Downtown Location. Detached 3-Storey Home With Laneway Parking. Currently Operating As Bed & Breakfast. Long Term Business With Great List Of Existing Clientele. Sellers Retiring. Opportunity To Takeover Business, Live In As Single Family Or Assemble With Neighbouring Properties For Future Development. Located IN MTSA With High Density Development Potential. Buy Now And Hold Until You Sell For Profit In Future. Incredible Value For Large 25' Lot Right Next To University Of Toronto. Walk To Subway, Shops, Hospital & Restaurants.

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 C11823862). 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.

Ideal Live in Investment Opportunity. Exceptional Property Designed for Both Comfortable Living and Rental Income. Situated in a Vibrant Neighborhood, This Unique Lot Features Two Well Maintained Buildings Offering a Total of 3, Three-Bedroom Units and 1 One-Bedroom Unit... MAIN HOUSE Generous Living Space and a Cozy Basement Unit Perfect for Guests or Additional Rental Income. Large Windows and Natural Light, Ideal for Both Entertaining and Every Day Living... BACK BUILDING, Rear Building Consists of 2 Spacious, Three-Bedroom Apartments, One on the Lower Level and One Above. Both Units Features Bright Airy Interiors With Modern Finishes... KEY FEATURES: Four Apartments in Total, 3 Three-Bedroom Units and 1 One-Bedroom Unit. Excellent Condition Throughout. Bright and Spacious Layouts. Prime Location Near Shops, Restaurants, Public Transit and Library. Ample Parking and Outdoor Space. The Property Provides a Wonderful Place to Live and an Opportunity for Substantial Rental Income in a Highly Desirable Area.