54 / 56 Stewart Street, Toronto, ON M5V 1H6
Waterfront Communities, Toronto · Near King And Bathurst · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 7500 sq ft
- Lot size
- 40.5 x 88 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $10,758/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- King And Bathurst
- Neighbourhood
- Waterfront Communities
More
- MLS® number
- C13150438
No matching details. Ask Will instead
No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
54 / 56 Stewart Street, Toronto, ON M5V 1H6
Waterfront Communities, Toronto · Near King And Bathurst
Get directionsWhat’s nearbySchools nearby
Open this tab to load nearby schools.
Your commute
Enter where you go every day to see real drive times:
Listing history for 54 / 56 Stewart Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 54 / 56 Stewart Street
Answers come straight from this home’s MLS® listing.
How much is 54 / 56 Stewart Street listed for, and what would it cost each month?
54 / 56 Stewart Street is listed for $5,600,000. With 20% down ($1,120,000), the mortgage payment would be roughly $22,589 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $23,485 a month, all in. That figure is an illustration, not a quote.
Is 54 / 56 Stewart Street freehold or a condo, and is there a monthly fee?
54 / 56 Stewart Street is a investment in Waterfront Communities, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 54 / 56 Stewart Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 54 / 56 Stewart Street?
54 / 56 Stewart Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 54 / 56 Stewart Street, and what is the lot size?
The lot is listed as 40.5 x 88 ft.
How is 54 / 56 Stewart Street heated and cooled?
Heating is gas forced air closed. Cooling is partial.
What are the property taxes for 54 / 56 Stewart Street?
Property taxes are $10,758 a year (2025), or about $897 a month.
Where is 54 / 56 Stewart Street?
54 / 56 Stewart Street is in the Waterfront Communities community of Toronto. The nearest main intersection is King And Bathurst. The postal code is M5V 1H6.
Is 54 / 56 Stewart Street still for sale?
Yes. It is an active listing (MLS® C13150438). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 54 / 56 Stewart Street asking?
Similar properties for sale nearby right now include 503-515 - 130 Queens Quay E at $5,600,000, 340 Richmond Street W at $5,950,000 and 273 Queen Street W at $4,999,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 54 / 56 Stewart Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 54 / 56 Stewart Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Waterfront Communities, picked by style, size and price.
Office$5,600,000503-515 - 130 Queens Quay E, TorontoWaterfront CommunitiesCourtesy of: COLLIERSView home →
Office$5,950,000340 Richmond Street W, TorontoWaterfront CommunitiesCourtesy of: COLLIERSView home →
Commercial retail$4,999,000273 Queen Street W, TorontoWaterfront CommunitiesCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →Courtesy of: Royal LePage Real Estate Associates
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.