Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

54 / 56 Stewart Street, Toronto C01, ON M5V 1H6 (King And Bathurst)
$ 6000000 - MLS : C13150438

From Our Gallery

Description

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 Detail

Community: Waterfront Communities C1
Property Type: Tenant/Commercial
Garages: None
Annual Property Taxes : $ 10758.12

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Closed

Listing Contracted With: Royal Lepage Real Estate Associates

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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