5 Beds 5 Bath

54 Stewart Street, Toronto, ON M5V 1H6

Toronto C01 M5V 1H6 Ontario

MLS: C12166655

$2,999,900

Added 9 days ago | For Sale

Listed by: KELLER WILLIAMS REAL ESTATE ASSOCIATES

About Property

Prime condo assembly opportunity directly beside a major new subway station currently under constructionthis property is the next lot immediately east, physically touching the future Ontario Line King St West station. Ideal for joining with neighbouring townhomes to develop a high-rise condo site. Fully renovated to the studs in 2024 with over $700,000 in upgrades, including all-new soundproofing, fire-rated drywall, new roof, 1" plumbing lines, 200-amp dual-pane ESA-approved electrical, gas lines and plumbing rough-ins on the main and second floors, five full bathrooms with stand-up showers, two furnaces and two A/C units for zoned climate control, and new vinyl windows. Layout includes two retail units on the main floor, one retail unit on the second floor, a 2-bedroom lower-level apartment, and a 3-bedroom third-floor apartment with soaring ceilings, plus a spacious rear addition and fully fenced, landscaped backyard. Current gross rent approx. $13,500/month. A rare, turnkey investment with strong holding income and exceptional long-term development potential beside key transit infrastructure.

Features

  • House Style:Semi-Detached
  • Bathrooms:5
  • Land Size: 19.5 X 86
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Bathurst / King st west
  • Basement:Apartment,Finished , Apartment,Finished
  • Possession Date:Flexible
  • Annual Property taxes: $7260
  • Bedrooms:5 +2
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:C12166655

Level Type Features Dimensions
Main Living Room 3 Pc Bath 0 ft x 0 ft
Dining Room 0 ft x 0 ft
Office 3 Pc Bath 0 ft x 0 ft
Office 0 ft x 0 ft
Second Bedroom 0 ft x 0 ft
Bedroom 2 0 ft x 0 ft
Living Room 0 ft x 0 ft
Third Bedroom 0 ft x 0 ft
Bedroom 2 0 ft x 0 ft
Bedroom 3 0 ft x 0 ft
Kitchen Combined w/Living 0 ft x 0 ft
Lower Kitchen 0 ft x 0 ft

No property rooms available.

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