54 / 56 Stewart Street

Toronto, ONMulti-family
$5,600,000
MLS® C13150438
Multi-family[object Object]
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About This Property

Prime Land Assembly & Development Opportunity! Exceptional mixed-use investment property with future redevelopment potential in a high-growth transit-oriented location. Buyers to conduct their own due diligence regarding zoning, permitted uses, development potential, density, and future assembly possibilities. Property currently generates strong monthly rental income from 10 tenancies and features approximately 7,500 sq. ft. of space on a 40' x 98' lot. Extensive renovations completed in 2024 include structural upgrades, ESA electrical, plumbing, roofs, windows, waterproofing, and fire/soundproofing improvements. The building offers 10 full bathrooms, 8 kitchens, rooftop patio access, and a private backyard area. Flexible vacant possession options may be available. Located near transit, amenities, and ongoing area redevelopment. (id:63604)

Key Facts

Type
Multi-family
Size
7,500 sqft
Lot
40.5 x 88 FT
Property Details 11 details
Living area
7,500 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Fireplace
No
Lot dimensions
40.5 x 88 FT
Frontage
40.60 feet
Taxes
$10,758.12
Zoning
Cre
Water source
Municipal water
Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$5,600,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Waterfront Communities
City
Toronto
Postal code
M5V 1H6
Nearby
King And Bathurst
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