About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	C13226274
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	3,000 sq ft
Beds / Baths	0 bed · 5 bath
Neighbourhood	Waterfront Communities C1
City	Downtown Toronto / Waterfront
Postal Code	M5V 1H6
Province	ON
Listed Date	June 2, 2026
Days on Market	66
Price per Sq Ft	$933
Brokerage	Royal LePage Real Estate Associates