54 Stewart Street Toronto, Ontario M5V 1H6
$2,800,000
30 story high rise assembly potential. Currently fully rented strong monthly rental income. Turnkey commercial/residential property situated directly adjacent to the future King Bathurst station on the Ontario Line (development opportunity). This 15.6 km rapid transit line, connecting Exhibition Place to the Ontario Science Centre, is set to revolutionize connectivity in Toronto. Located at 54 Stewart Street, this property is steps away from the upcoming King Bathurst station, enhancing its appeal for both commercial and residential purposes. It is extensively renovated in 2024, with over $700,000 invested in gutting the property to the studs, ensuring a maintenance-free experience for the next 20+ years. Currently houses 3 commercial tenants and 2 residential apartments. It includes a large rear addition with a private backyard patio, providing a serene outdoor retreat. (id:61015)
Property Details
| MLS® Number | C13226274 |
| Property Type | Retail |
| Community Name | Waterfront Communities C1 |
| Amenities Near By | Public Transit |
Building
| Bathroom Total | 5 |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3,000 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Size Depth | 89 Ft |
| Size Frontage | 19 Ft ,6 In |
| Size Irregular | 19.5 X 89 Ft |
| Size Total Text | 19.5 X 89 Ft |
| Zoning Description | Cre (x69) |
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June 18 2026 08:15:53
Toronto Regional Real Estate Board
Royal LePage Real Estate Associates