Toronto
Toronto
$5,600,000
54 / 56 STEWART STREET, Toronto, M5V1H6
MLS Number: C13150438
Beds
0
Baths
0
Listing
For Sale
Type
Freehold
Square Feet
7,500
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.
Location
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54 / 56 STEWART STREET, Toronto, M5V1H6
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Down Payment
$1,120,000
Mortgage Amount
$4,480,000
Principal + Interest
$25,903 / mo
5-Year Term Payments
$1,554,199
Estimated Monthly Carrying Cost
$26,553
Includes principal, interest, property tax, condo fees, and heating estimates.
This is a planning estimate only. It excludes mortgage insurance, lender qualification rules, legal fees, insurance, utilities beyond heating, and other closing or ownership costs.
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