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Waterfront Communities C1 · M5V 1H6
$2,800,000
MLS® #C13226274
5
Bathrooms
About This Property
30 story high rise assembly potential. 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.
General Information
Building & Mechanicals
Parking & Garage
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Taxes
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Estimated monthly payment
$13,756
Down payment: $560,000 · Loan: $2,240,000
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
Royal Lepage Real Estate Associates
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Jun 2, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.