$6,000,000.00

54 / 56 STEWART STREET, Toronto (Waterfront Communities), Ontario, M5V1H6, Canada Listing ID: C13150438
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Bathrooms Bedrooms Property Type
Multi-family

Prime Land Assembly & High-Density Development Site! Positioned for a potential 6-townhouse row assembly with zoning upside up to 30 stories, these two commercial/residential properties directly abut the new King St. West Ontario Line. Generating $27,000 gross monthly income from 10 tenants, the ~7,500 sq ft footprint sits on a 40' x 98' deep lot and features over $1.4M in total 2024 renovations. Gutted to the studs with new structural supports, ESA electrical, plumbing, roofs, windows, waterproofing, and fire/soundproofing, the property boasts 10 full baths, 8 kitchens, a rooftop patio, and a private backyard. A premier transit-oriented development play or premium long-term hold with flexible vacant possession options. 3 of the 6 town homes listed for sale currently, 3 others potentially open to offers. inquire for details. (id:31565)

Paul McDonald, Sales Representative
Paul McDonald is no stranger to the Toronto real estate market. With over 23 years experience and having dealt with every aspect of the business from simple house purchases to condo developments, you can feel confident in his ability to get the job done.
Book appointment/showing: 54 / 56 STEWART STREET (C13150438)
Additional Information
Amenity Near By Public Transit
Features
Maintenance Fee
Maintenance Fee Payment Unit
Management Company
Ownership
Parking
Transaction For sale
Building
Cooling Type Partially air conditioned
Fireplace Present
Heating Fuel Natural gas
Heating Type Forced air
Size Interior 7500 sqft
Type Multi-Family
Utility Water Municipal water
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