Description

 Price: $ 6,000,000.00 MLS^®: C13150438         Location : 54 / 56 Stewart Street, Toronto C01, ON M5V 1H6

Prime Land Assembly & High-Density Development Site! Positioned for a potential 6-townhouse row assembly with zoning upside up to 30 stories, these two commercial/residential properties directly abut the new King St. West Ontario Line. Generating $27,000 gross monthly income from 10 tenants, the ~7,500 sq ft footprint sits on a 40' x 98' deep lot and features over $1.4M in total 2024 renovations. Gutted to the studs with new structural supports, ESA electrical, plumbing, roofs, windows, waterproofing, and fire/soundproofing, the property boasts 10 full baths, 8 kitchens, a rooftop patio, and a private backyard. A premier transit-oriented development play or premium long-term hold with flexible vacant possession options. 3 of the 6 town homes listed for sale currently, 3 others potentially open to offers. inquire for details.

Location Description

King And Bathurst

Property Details

• Community: Waterfront Communities C1
• Property Type: Tenant/Commercial
• Garages: None

Building Features

Features

• Heating: Gas Forced Air Closed