54 STEWART STREET Toronto

54 STEWART STREET, Toronto, Ontario

$2,999,900

  • 7 Beds
  • 5 Baths

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. (id:56241)

  • Listing ID: C12166655
  • Property Type: Single Family

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Rooms

LevelTypeDimensions
Bedroom Second level Measurements not available
Bedroom 2 Second level Measurements not available
Living room Second level Measurements not available
Bedroom Third level Measurements not available
Bedroom 2 Third level Measurements not available
Bedroom 3 Third level Measurements not available
Kitchen Third level Measurements not available
Kitchen Lower level Measurements not available
Office Main level Measurements not available
Living room Main level Measurements not available
Dining room Main level Measurements not available
Office Main level Measurements not available

Details

  • Features: Sump Pump, In-Law Suite
  • Ownership: Freehold
  • Transaction: For sale

Building

  • Amenities: Separate Heating Controls
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Basement Features: Apartment in basement
  • Bedrooms Main Level: 5
  • Bedrooms Lower Level: 2
  • Constructed Status: Insulation upgraded
  • Construction Style Attachment: Semi-detached
  • Cooling: Central air conditioning, Ventilation system
  • Exterior Finish: Brick
  • Fireplace Present: True
  • Foundation: Brick
  • Bathrooms (Half): 1
  • Bathrooms (Total): 5
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2000 - 2500 sqft
  • Stories Total: 3
  • Type: House
  • Utility Water: Municipal water

Land

  • Sewer: Sanitary sewer
  • Size Frontage: 19 ft ,6 in
  • Size Irregular: 19.5 x 86 FT
MLS®

Listing provided by KELLER WILLIAMS REAL ESTATE ASSOCIATES
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 54 STEWART STREET in Toronto Ontario. It was last modified on May 22nd, 2025. Contact Alkesh Patel to schedule a viewing or to discover other Toronto homes for sale.

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