54 Stewart Street, Toronto - $2,800,000 | Modern Solution Realty

54 Stewart Street

54 Stewart Street, Toronto

54 Stewart Street in Toronto - 0 bedroom, 5 bathroom. Listed at $2,800,000.

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

  • Property Type: Mortgage
  • Square Footage: 3000 sqft
  • Heating: Gas Forced Air Closed
  • Cooling: Yes
  • Parking: 0 space
  • Property Taxes: $7,260/yr
  • Neighbourhood: Waterfront Communities C1
  • Postal Code: M5V 1H6

View photos, details, and schedule a showing with Modern Solution Realty. 1% commission listing services available.