54 / 56 Stewart Street Toronto, Ontario M5V 1H6
$5,600,000
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. The property currently generates approximately $27,000 gross monthly 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. (id:61852)
Property Details
| MLS® Number | C13150438 |
| Property Type | Multi-family |
| Community Name | Waterfront Communities C1 |
| AmenitiesNearBy | Public Transit |
Building
| CoolingType | Partially Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 7500 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 88 Ft |
| SizeFrontage | 40 Ft ,6 In |
| SizeIrregular | 40.5 X 88 Ft |
| SizeTotalText | 40.5 X 88 Ft |
| ZoningDescription | Cre |
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Contact us for more information
Dani Habbal
Salesperson
103 Lakeshore Rd East
Mississauga, Ontario L5G 1E2
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June 02 2026 03:44:10
Toronto Real Estate Board
Royal LePage Real Estate Associates