$2,999,900
54 Stewart Street, Toronto C01, ON M5V 1H6
Property Description
Property type
Semi-Detached
Lot size
N/A
Style
3-Storey
Approx. Area
2000-2500 Sqft
Room Information
Room Type | Dimension (length x width) | Features | Level |
---|---|---|---|
Bedroom | N/A | N/A | Third |
Bedroom 2 | N/A | N/A | Third |
Bedroom 3 | N/A | N/A | Third |
Kitchen | N/A | Combined w/Living | Third |
About 54 Stewart Street
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.
Home Overview
Last updated
May 22
Virtual tour
None
Basement information
Apartment, Finished
Building size
--
Status
In-Active
Property sub type
Semi-Detached
Maintenance fee
$N/A
Year built
2024
Additional Details
Price Comparison
Location

Angela Yang
Sales Representative, ANCHOR NEW HOMES INC.
MORTGAGE INFO
ESTIMATED PAYMENT
Some information about this property - Stewart Street

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