54 Stewart Street
Waterfront Communities C1, Toronto, M5V 1H6
FOR SALE
$2,800,000
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5 + 2
BEDROOMS 5
BATHROOMS 3 + 1
KITCHENS 13 + 4
ROOMS C13226270
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Property Description
30 story high rise assembly potential. Currently fully rented strong monthly rental income. Turnkey commercial/residential property situated directly adjacent to the future King Bathurst station on the Ontario Line (development opportunity). This 15.6 km rapid transit line, connecting Exhibition Place to the Ontario Science Centre, is set to revolutionize connectivity in Toronto. Located at 54 Stewart Street, this property is steps away from the upcoming King Bathurst station, enhancing its appeal for both commercial and residential purposes. It is extensively renovated in 2024, with over $700,000 invested in gutting the property to the studs, ensuring a maintenance-free experience for the next 20+ years. Currently houses 3 commercial tenants and 2 residential apartments. It includes a large rear addition with a private backyard patio, providing a serene outdoor retreat.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2023-03-24 | 2023-06-06 | 74 | $1,650,000 | $1,500,000 |
| 2016-03-19 | 2016-04-01 | 13 | $1,399,000 | $1,350,000 |
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Property Features
Accessory Apartment, In-Law Suite, Separate Heating Controls, Sump Pump, Upgraded Insulation, Ventilation System, None
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Property Details
Address
54 Stewart Street
Community
City
Postal Code
M5V 1H6
Property Type
Semi-Detached , Semi-Detached
Lot Size
20' x 86'
Acreage
1,677.0 Feet
Taxes
$7,260 (2025
Basement
Apartment, Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Garage Type
None
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Listing contracted with Royal Lepage Real Estate Associates
Exceptional, one-of-a-kind investment opportunity offering an outstanding 5% cap rate in the heart of coveted Trinity Bellwoods. Completely renovated back to the brick with uncompromising craftsmanship, this legally registered fourplex features a rare 3 storey addition that significantly expands the property's footprint - a feature seldom found in neighbourhood homes. Purpose built and luxuriously finished divided into 4 two-bedroom suites, each with private outdoor space and spectacular CN Tower views. The executive residences have been thoughtfully designed with custom gourmet kitchens, expansive open-concept living spaces, new hardwood floors, spa-inspired bathrooms, and generously proportioned bedrooms, creating a premium rental product that consistently attracts quality tenants. Extensively upgraded throughout, the property includes three high-efficiency HVAC systems, a fully underpinned and waterproofed basement with over 8-foot ceilings, new roof, new windows, rare 1-inch water service, upgraded 300-amp electrical service, three separate hydro meters, fire-rated interior doors, exterior fire dampers, and a dedicated owner's mechanical room. The newly constructed detached two-car garage has already been spray foam insulated and roughed in for hydro and water, opening the door to exceptional future laneway potential. A true turnkey investment designed for effortless ownership, this asset delivers exceptional cash flow, remarkably low operating costs, minimal maintenance requirements, and an outstanding rental history with zero vacancy. Perfectly positioned just steps to Ossington Avenue, Dundas Street West, College Street, Little Italy, Trinity Bellwoods Park, transit, cafés, boutiques, and some of Toronto's finest restaurants. Rarely does a property of this calibre become available! Perfect for discerning investors seeking stable, long-term returns or multi-generational buyers looking for luxury living with significant income potential.
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Welcome to this true architectural nested in the Toronto heart Little Italy. A family home w/nearly 3000 sq. ft. of living space on 4 levels. The open concept Main floor comes with a custom chief kitchen, with beautiful central island and B/I appliances. Main floor also offers all functional area, your in-home office, powder room, laundry site, mud area. Upstairs offers 4 well design bedrooms, which have 3 en-suites. The Primary Bedroom land on 2nd floor have a beautiful 4PC en-suites, showroom W/I closet and picture window to your lovely back yard. The Primary Bedroom land on 3rd floor have the most functional layout in downtown Toronto. 5PC En-suites, W/I closet, Floor to Ceiling Sliding Doors walk to your private Balcony with a CN-Tower view. Your basement comes with 2nd kitchen, 2nd laundry and other two rooms. You can use basement as your entertainment area, which one room be your gym and other room be your guest bedroom. Or, if needed, this is a legal 2 bedroom basement apartment with separate W/O entrance. Then, we walk into your quite back yard, the huge deck comes with BBQ gas supply, the little Green Area design for your pets and a Double Car laneway garage with separate electric panel supply a Tesla Universal Wall Connector Hardwired Electric Vehicle (EV) Charger.
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Grand 3-storey residence with a private drive on a superb 29' x 138' lot in a prime south Annex location! Presently 3 large self-contained suites, all separately metered for hydro & natural gas. Perfect for Buyer to occupy the largest suite on the upper two floors and receive solid rental income from two units, or create the ideal co-ownership or multigenerational living opportunity. This large, solid brick home is approximately 3700 sq. ft over 4 levels, including a professionally underpinned basement w/8-foot ceilings. The upper 2nd & 3rd floor suite provides a flexible floor plan that can convert to up to 3-bedrooms. Full of natural light w/hardwood floors, gas fireplace and a splendid sunroom overlooking a private back yard. The 3rd floor has been renovated into an expansive full-floor retreat featuring a large primary bedroom with 9.5 foot ceilings, exposed brick, walk-in closet, en-suite bathroom/laundry and a walk-out to a roof top deck. Charming main floor 2 bedroom unit with many period details intact including antique gas fireplace, hardwood floors, separate dining room & spacious kitchen. Large 2-bedroom basement Apt. with amazing 8 foot ceilings, each bedroom has its own en-suite bath w/shower. 200-amp service, modern wiring & plumbing. Parking via private drive. The lot extends an impressive 138 feet from the private drive to an incredible back yard with mature trees that provide a serene natural setting with endless possibilities for gardening enthusiasts. Originally built as a single family residence, this home can be re-imagined back into a majestic single family home, now or down the road. Located in a prime mid-block location south of Bloor on a street famous for its iconic cast iron street lamps. Property qualifies for a Garden Suite, report attached. Within easy walking distance to fabulous local shops, cafes & restaurants, Hot Docs Cinema, BMV Books, Metro, University of Toronto & Bloor Subway.
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In the heart of vibrant Harbord Village, this exceptional three-storey family residence offers an enviable downtown lifestyle, surrounded by celebrated restaurants, charming cafés, beloved local landmarks, parks and excellent schools. This four-plus-one bedroom, five bathroom home was thoughtfully renovated with timeless design, quality craftsmanship, and premium finishes throughout. Every detail has been carefully considered to create a home that is both elegant and functional. A welcoming foyer with striking tile and a double closet opens to the expansive open-concept main floor, where white oak hardwood floors, pot lights, and well-proportioned principal rooms provide the perfect setting for everyday living and entertaining. The chef's kitchen features high-end appliances, extensive custom cabinetry, abundant counter space, and a large centre island with breakfast bar. A walkout to the rear deck and stone patio creates seamless indoor-outdoor living in a private, low-maintenance setting. A convenient powder room completes the main level. The second floor offers two generous bedrooms with ample closet space, a spacious family room ideal as a media room, children's play area, or work-from-home office, and a beautifully appointed four-piece bathroom. The third floor is home to the private primary retreat with two separate closet areas and a spa-inspired five-piece ensuite. A fourth bedroom enjoys its own private ensuite bathroom, offering exceptional comfort as a nursery, additional bedroom or home office, a conveniently located laundry closet completes the third level. The versatile lower level, with both front and rear walkouts, expands the living space with a large recreation room, second kitchen, additional bedroom, and full bathroom, ideal for extended family, a nanny suite, or future income potential. Situated on a deep lot backing onto Croft St. lane, the property includes a rear parking space, a garden shed, and laneway suite potential.
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Welcome to 116 Lee Avenue, an extraordinary custom 25ft wide residence in the heart of The Beaches, ideally located just steps to Queen Street & waterfront, completely redesigned & rebuilt by Denali Design Build. This exceptional 4+1 bedroom, 4 bathroom home offers approx 3,220 sqft. of total finished living space across three beautifully redesigned levels, showcasing exceptional craftsmanship, and premium finishes throughout. ** PARTY WALL SEVERED ON MAIN AND UPPER LEVEL (making it feel more like a detached home) finished independent of adjoining property. The open concept featuring a custom DJL Kitchens chef's kitchen with Taj Mahal Brazilian Quartzite countertops and backsplash, premium Thermador Professional appliances, an oversized waterfall island, and a custom butler's pantry w/ wet bar and bev fridge. Living features a custom entertainment wall and an impressive 8' x 8' trifold glass wall with Phantom screen, opening seamlessly to the covered rear deck and landscaped backyard. The second level offers four spacious bedrooms, including a luxurious primary retreat with a custom walk-in closet and spa-inspired 5-piece ensuite with heated floors, freestanding soaker tub, double vanity, and oversized glass rain shower. Professionally underpinned with nearly 8.5-foot ceilings, the finished lower level offers exceptional flexibility with a large recreation room, custom built-ins, wet bar, fifth bedroom, full bathroom, separate laundry room, and direct garage access-ideal for an in-law or nanny suite. No expense was spared, with extensive upgrades including European White Oak engineered hardwood flooring, custom millwork, floor to ceiling solid-core doors, designer lighting and fixtures, new electrical, plumbing, HVAC, Spray foam insulation, windows, roof, & waterproofing, 5 min to Boardwalk, parks, top-rated schools, cafes, restaurants, and transit, this is a rare opportunity to own a truly turnkey luxury home in one of Toronto's most sought-after neighbourhoods.
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