30 story high rise assembly potential. Currently fully rented strong 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. (id:13843)
| MLS # | C13226270 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 145 |
| Listing Provided By | Royal Lepage Real Estate Associates | DANI HABBAL |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 5 Total |
| SQ Feet | 2,000 |
| Basement | Y |
| Story(s) | 3 |
| Cooling | Central air conditioning, Ventilation system |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | Yes |
| Lot Features | Sump Pump, In-Law Suite |
|---|---|
| Foundation Details | Brick |
| Parking Features | No Garage |
|---|---|
| Parking Total | 0 |
| Sewer | Sanitary sewer |
|---|---|
| Water Source | Municipal water |
| Tax Annual Amount | 7260 |
|---|
| Province | ON |
|---|---|
| City | Toronto (Waterfront Communities) |
| Postal Code | M5V1H6 |
| Listing VS Median (in M5V1H6) | |
Price: $2,800,000 low | high Med: $2,399,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $1,400 low | high Med: $1,200 On site: 145 low | high Med: 3 | |
| Province | ON |
|---|---|
| City | Toronto (Waterfront Communities) |
| Postal Code | M5V1H6 |
| Listing VS Median (in M5V1H6) | |
Price: $2,800,000 low | high Med: $2,399,000 sqft: 2,000 low | high Med: 2,000 $ / sqft: $1,400 low | high Med: $1,200 On site: 145 low | high Med: 3 | |