Commercial listings / Investment / For sale
54 / 56 Stewart Street, Toronto, ON M5V 1H6
$5,600,000
- Property type
- Investment
- Transaction
- For sale
- Location
- Toronto C01, Toronto
- Building area
- 7,500 Square Feet
- MLS® number
- C13150438
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.
Listing brokerage: Royal LePage Real Estate Associates
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