54 Stewart Street, Toronto C01, ON M5V 1H6

Toronto C01 M5V 1H6 Ontario

MLS: C12230982

$2,999,900

Added 48 days ago | For Sale

Listed by: KELLER WILLIAMS REAL ESTATE ASSOCIATES

About Property

Currently fully rented $15,000 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.

Features

  • House Style:Commercial Retail
  • Bathrooms:5
  • Land Size: 19.5 X 89
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:King St W / Bathurst St
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $7260
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:C12230982

About Agent
Tajinder Sarao
REALTOR®
(647) 206-7222 [email protected]
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