Jag Patel
Broker
$6,000,000
Available - For Sale
Listing ID: C13150438
54 / 56 Stewart Street , Toronto, M5V 1H6, Toronto
| 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. |
| Price | $6,000,000 |
| Taxes: | $10758.12 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 54 / 56 Stewart Street , Toronto, M5V 1H6, Toronto |
| Postal Code: | M5V 1H6 |
| Province/State: | Toronto |
| Legal Description: | See Comments |
| Directions/Cross Streets: | King And Bathurst |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 7500.00 |
| Total Area Code: | Square Feet |
| Area Influences: | Public Transit Subways |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Partial |
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| Royal Lepage Real Estate Associates |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Toronto |
| Municipality: | Toronto C01 |
| Neighbourhood: | Waterfront Communities C1 |
| Tax: | $10,758.12 |
| Fireplace: | N |
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