54 STEWART STREET new Save Request In-Person Tour Request Virtual Tour
Toronto (waterfront Communities),ON M5V1H6
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,000 sqft
Price per Sqft $1,499
Subdivision Waterfront Communities C1
MLS Listing ID C12166655
Bedrooms 7
Half Baths 1
Property Sub-Type Freehold
Source Toronto Regional Real Estate Board
Property 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. (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Second level Measurements not available Bedroom
Extra Room 2 Second level Measurements not available Bedroom 2
Extra Room 3 Second level Measurements not available Living room
Extra Room 4 Third level Measurements not available Bedroom
Extra Room 5 Third level Measurements not available Bedroom 2
Extra Room 6 Third level Measurements not available Bedroom 3
Interior
Heating Forced air
Cooling Central air conditioning,Ventilation system
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 3
Sewer Sanitary sewer
Others
Ownership Freehold