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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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54 / 56 Stewart Street Toronto C01
For SalePrice DropKing West

54 / 56 Stewart Street Toronto C01, Investment for Sale

MLS® C13150438

King West, Toronto, ON

172 days on market
$5,600,000
Previously $5,800,000
Show on Map
Show on Map
N/ABeds
N/ABaths
7,500Sqft
N/AParking
Investment

Overview· 54 / 56 Stewart Street Toronto

MLS® #C13150438

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.

Broker

Royal LePage Real Estate Associates

Neighbourhood

King West

Walk 100Avg $937KArea guide

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Walk Score®100Walker's ParadiseWalker's Paradise
Transit Score®98Rider's ParadiseRider's Paradise
Bike Score®99Biker's ParadiseBiker's Paradise
Schools9424 schools within 1.5 km · nearest 227 m24 schools within 1.5 km · nearest 227 m
Parks9213 parks within 1 km · nearest 262 m13 parks within 1 km · nearest 262 m
Convenience8341 groceries, cafes and pharmacies within 1 km · nearest 134 m41 groceries, cafes and pharmacies within 1 km · nearest 134 m
Safety14Safer than 14% of Toronto neighbourhoods (2025)Wellington Place: 2,202 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 54 / 56 Stewart Street Toronto

Source: MLS® listing data
54 / 56 Stewart Street Toronto

Investment

54 / 56 Stewart Street Toronto

King West

Type

Investment

Parking

None

Property Tax

~$10,758/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

7500 sqft

Parking

None

Finances

List Price

$5,600,000

Price per SQFT

$747/sqft

Property Tax

~$10,758/yr

Property Specs

Property Type

Investment

MLS Size

7500 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

King West

Listed On

May 20, 2026

Public Transit

Subways

Price & Listing History

Days on Market

Current: 172 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$22,524/mo
Property Tax$897/mo
Total Monthly$23,421

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0