$2,900,000
FOR SALE

Commercial/Retail

Lot: 19.5 x 89 ft
2025 Taxes: $7,260

54 Stewart St
Toronto, ON M5V 1H6 | Waterfront Communities C1

30 story high rise assembly potential. 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.
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Listed By Royal Lepage Real Estate Associates
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C13226274
Last Updated Jun 02, 2026
Property Summary
Property Type Commercial/Retail

More like this:
PIN 212400061
Possession Date Flexible
Taxes (2025) $7,260
Directions/Cross Streets King St W / Bathurst St
Neighbourhood Waterfront Communities C1
Area Toronto
Price History

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Detailed Information
Freestanding Y
Bathrooms 5
Lot 19.5 x 89 ft
Air Conditioning Yes
Basement Basement
Garage Type None
Heat Type Gas Forced Air Closed

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