54 Stewart Street, Toronto, ON M5V 1H6

$2,800,000
7
BD
5
BA
2,000
SqFt

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List Price
$2,800,000
Price Change
▼ $100,000 1780430181
MLS#
C13226270
Status
ACTIVE
Type
Single Family Residential
SubType
Semi-Detached
Style
3-Storey
Bedrooms
7
Bathrooms
5
Living Area
2000-2500
Province
ON
Municipality
Toronto
Area
Toronto
Neighborhood
Waterfront Communities C1
Subdivision
Bathurst / King St West

Property 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.

Additional Information

Taxes
$7,260
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
4
Exterior
Brick
Garage Type
None
Pool
None
Parking Type
None

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Calculator source: Real Geeks

Listing courtesy of Royal LePage Real Estate Associates.