54 Stewart Street, Toronto (Waterfront Communities), Ontario M5V1H6

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List Price
$2,800,000
Price Change
▼ $100,000 1780434103
MLS®
C13226270
Days on Market
108
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
7
Bathrooms
5
Lot Size Dimensions
19.5 x 86 FT
Subdivision
Waterfront Communities C1

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. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Waterfront Communities C1
Cooling
Central air conditioning, Ventilation system
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Lot Features
Sump Pump, In-Law Suite
Stories
3

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Calculator source: Real Geeks