54 Stewart Street Toronto, ON M5V 1H6
Listing Courtesy of: TORONTO IDX / Keller Williams Real Estate Associates

  54 Stewart Street Toronto, ON M5V 1H6

Active
$2,999,900
7
BED
5
BATH
2000-2500
SQFT

Description

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.

MLS®:
C12166655
Taxes
$7,260(2025)
Type
Single-Family Home
Style
3-Storey
County
Toronto
Community
Waterfront Communities C1

Listed By

Keller Williams Real Estate Associates
Source
TORONTO IDX
Last checked Jun 15 2025 at 11:08 AM GMT+0000
Bathroom Details
Interior Features
  • Accessory Apartment
  • In-Law Suite
  • Separate Heating Controls
  • Sump Pump
  • Upgraded Insulation
  • Ventilation System
Property Features
  • Foundation: Brick
Heating and Cooling
  • Forced Air
  • Central Air
Basement Information
  • Apartment
  • Finished
Pool Information
  • None
Exterior Features
  • Brick
  • Roof: Flat
Utility Information
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • None
Parking
  • None
Stories
  • 3
Location
   
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Disclaimer: Copyright 2025 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/15/25 04:08