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54 Stewart Street

54 Stewart Street

Toronto C01, ON

  • 5 bath
  • 3,000 sqft
  • Commercial Retail
  • 98 days on market
$2,800,000Price reduced 3%

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.

Listing Details

Taxes (2025)
$7,260
Originally Listed
$2,900,000
Listed
June 2, 2026

Price History

Listing history

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Property

Lot Size
19.5 x 89 Feet

Parking

Garage
None

Location & Legal

Cross Street
King St W / Bathurst St
Zoning
CRE (x69)
Parcel Number
212400061
Possession
Flexible
Occupancy
Tenant

Community

Postal area M5V

Population
59,912
Private dwellings
42,449
Median age
32
Average household size
1.6
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto C01 · last 12 months

Median sold price
$660,000
Homes sold
3,097
Median days on market
26
Sale-to-list price
97.6%

Based on 3,097 recorded sales of commercial properties in Toronto C01 over the last 12 months.

Listed by

Royal LePage Real Estate Associates

Walk Score

100

Walk

98

Transit

99

Bike

Scores by Walk Score®

Commercial figures

Building area
3,000 sq ft
Price per sq ft
$933.33
Annual property tax
$7,260
Tax per sq ft
$2.42

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Currently fully rented strong monthly rental income.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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