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.
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
3-Storey
Total Approx Floor Area:
2000-2500
Depth:
86'26.2 m
Frontage:
19'6"5.94 m
Direction Faces:
North
Bedrooms:
5+2
Bathrooms:
5.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
1
Bedrooms Above Grade:
5
Bedrooms Below Grade:
2
Kitchens Above Grade:
3
Rooms Above Grade:
13
Rooms Below Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Brick
Roof:
Flat
Basement:
Apartment, Finished
Fireplace/Stove:
Yes
Garage:
None
Garage Spaces:
0.0
Parking Features:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Taxes:
$7,260 /
2025
Assessment:
$- /
2024
Toronto C01
Waterfront Communities C1
Toronto
Accessory Apartment, In-Law Suite, Separate Heating Controls, Sump Pump, Upgraded Insulation, Ventilation System
Data was last updated August 21, 2025 at 04:15 PM (UTC)
Area Statistics
Listings on market:
63
Avg list price:
$1,769,000
Min list price:
$899,000
Max list price:
$4,688,000
Avg days on market:
36
Min days on market:
1
Max days on market:
384
These statistics are generated based on the current listing's property type
and located in
Toronto C01. Average values are
derived using median calculations. This data is not produced by the MLS® system.