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54 / 56 Stewart Street Toronto C01 ON

📍 Toronto, Ontario M5V 1H6

$5,600,000

Active
40.5×88LOT (FT)

📋 Listing Highlights

StatusActive
MLS®C13150438
ListedMay 20, 2026
Days on Market—
Property TypeCommercial
StyleInvestment
Cross StreetKing And Bathurst
PossessionFlexible

📝 Listing Description

Prime Land Assembly & Development Opportunity! Exceptional mixed-use investment property with future redevelopment potential in a high-growth transit-oriented location. Buyers to conduct their own due diligence regarding zoning, permitted uses, development potential, density, and future assembly possibilities. Property currently generates strong monthly rental income from 10 tenancies and features approximately 7,500 sq. ft. of space on a 40' x 98' lot. Extensive renovations completed in 2024 include structural upgrades, ESA electrical, plumbing, roofs, windows, waterproofing, and fire/soundproofing improvements. The building offers 10 full bathrooms, 8 kitchens, rooftop patio access, and a private backyard area. Flexible vacant possession options may be available. Located near transit, amenities, and ongoing area redevelopment.

🏠 Property Details

Property TypeCommercial
StyleInvestment

📐 Lot & Land

Lot Width40.5 ft
Lot Depth88 ft
Cross StreetKing And Bathurst

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingPartial
GarageNone

💰 Financial

List Price$5,600,000
Annual Taxes$10,758.12 (2025)
PossessionFlexible

🧮 Mortgage Calculator

$1,120,000
Est. Monthly Payment
$27,511/mo
Principal: $4,480,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by Royal Lepage Real Estate AssociatesData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #C13150438 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.