Home · Buy · Toronto C01 · 54 / 56 Stewart Street, Toronto, ON M5V 1H6
+ 24 photos
For Sale · Investment
54 / 56 Stewart Street, Toronto, ON M5V 1H6
Toronto C01 · Waterfront Communities C1
0
Beds
—
Baths
0
Parking
7500 sq ft
Sq ft
—
Built
The honest picture
List price
$5,600,000
Renavu Estimate
—
Benchmark · All homes
$575,200
Listed 874% above the Waterfront Communities C1 benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
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.
Property details
Listed on
May 20, 2026
Days on market
65 days
Property tax
$10,758.12 (2025)
Lot
40.5 × 88 Feet
Heating
Gas Forced Air Closed
Cooling
Partial
MLS®
C13150438
Full details
Parking
GarageNone
Property & sold history
🔒
See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$126,475
Toronto municipal LTT$174,475
Legal · title · inspection$2,800
Closing costs$303,750
Down payment$1,120,000
Total cash to close$1,423,750
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
+ 24 photos
