54 Stewart Street, Toronto, ON M5V 1H6

$2,800,000

5 Bathrooms
Commercial Retail
MLS® C13226274

Listing Brokerage: Royal LePage Real Estate Associates

Description

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.

Property details

MLS® number: C13226274
Transaction: For Sale
Property type: Commercial
Style / use: Commercial Retail
Community: Waterfront Communities C1
City: Toronto C01
Bathrooms: 5
Building area: 3000 Square Feet
Lot width: 19.5 Feet
Lot depth: 89 Feet
Heating: Gas Forced Air Closed
Cooling: Yes
Garage: None
Taxes: $7,260.00
Tax year: 2025
Retail area: 1200
Clear height (ft): 6
Listing brokerage: Royal LePage Real Estate Associates

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