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.
Address
54 Stewart Street
List Price
$2,800,000
MLS® Status
Price Change
Property Type
Residential Freehold
Type of Dwelling
Semi-Detached
Style of Home
3-Storey
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Waterfront Communities C1
Region
Toronto
Bedrooms
5 + 2
Bedrooms (Total)
7
Rooms Above Grade
13
Rooms Below Grade
4
Bathrooms
5
Floor Area
2000-2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
86
Lot Size Units
Feet
Lot Width
19.5
Parcel Number
212400061
Occupant Type
Tenant
Cross Street
Bathurst / King St West
MLS® Number
C13226270
Listing Brokerage
Royal LePage Real Estate Associates
Basement Area
Apartment, Finished
Postal Code
M5V 1H6
Posession Details
Flexible
Parking
None
Tax Amount
$7,260.00
Tax Year
2025
Interior Features
Accessory Apartment, In-Law Suite, Separate Heating Controls, Sump Pump, Upgraded Insulation, Ventilation System
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
North
Fireplace
Yes
Foundation Details
Brick
Garage
No
Garage Type
None
Kitchens Total
4
Kitchens Above Grade
3
Kitchens Below Grade
1
Pool Features
None
Roof
Flat
Tax Legal Description
PT LT 5 SEC M PL MILITARY RESERVE TORONTO AS IN CT692867; S/T & T/W CT692867 CITY OF TORONTO
Waterfront
No
Sewer
Sewer
Login To View 6 Additional Details On 54 Stewart Street
Get instant access to more information with a free account.
Already have an account? Login
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Third | Bedroom | ||
| Third | Bedroom 2 | ||
| Third | Bedroom 3 | ||
| Third | Kitchen | Combined w/Living | |
| Second | Bedroom | ||
| Second | Bedroom 2 | ||
| Second | Living Room | ||
| Main | Living Room | 3 Pc Bath | |
| Main | Dining Room | ||
| Main | Office | 3 Pc Bath | |
| Main | Office | ||
| Lower | Kitchen |
