For Sale

54 Stewart Street

Waterfront Communities C1, Toronto C01, ON, M5V 1H6

$2,800,000

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Bedrooms5 + 2
Bathrooms5
Property typeSemi-Detached
Parking0
BasementApartment, Finished
Approx. sizelarge
Lot19.5 × 86 Feet
Taxes$7,260 (2025)

About this property

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.

Features

  • Accessory Apartment
  • In-Law Suite
  • Separate Heating Controls
  • Sump Pump
  • Upgraded Insulation
  • Ventilation System

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Estimates only, for information purposes. Calculations assume a fixed rate compounded semi-annually and do not include property taxes, condo fees, insurance or closing costs. Actual rates, payments, insurance premiums and eligibility are set by your lender; consult a licensed mortgage professional.

Listing information

Listing brokerage: Royal LePage Real Estate Associates

Listing information is provided under licence from the listing brokerage and the applicable real estate board and is deemed reliable but not guaranteed.

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