Property Information:
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. (id:27)
Building Features:
-
Style:
Detached
-
Building Type:
House
-
Amenities:
Separate Heating Controls
-
Basement Development:
Finished
-
Basement Type:
N/A, N/A
-
Construction Status:
Insulation upgraded
-
Construction Style - Attachment:
Semi-detached
-
Exterior Finish:
Brick
-
Fireplace:
Yes
-
Floor Space:
2000 - 2500 sqft
-
Foundation Type:
-
Heating Type:
Forced air
-
Heating Fuel:
Natural gas
-
Cooling Type:
Central air conditioning, Ventilation system
