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Investment — 54 / 56 Stewart Street — photo 1
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InvestmentMLS® C13150438New

Investment — 54 / 56 Stewart Street

54 / 56 Stewart Street, Toronto C01, ON M5V 1H6

List Price

$6M

$6,000,000 original

Size

7,500 SF

Type

Investment

Listed

May 20, 2026

Property Description

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.

Property Details

Property TypeInvestment
Sub-TypeInvestment
MLS® NumberC13150438
StatusNew
Size7,500 SF
HeatingGas Forced Air Closed
CoolingPartial
OccupantTenant
Market AreaWaterfront Communities C1
CountyToronto
SubdivisionWaterfront Communities C1

Tax Information

Annual Taxes$10,758 (2025)

Directions

King And Bathurst

This information is believed to be accurate, but without warranty.

Listed by

Royal Lepage Real Estate Associates

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Investment·Toronto C01, ON·$6M

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