54 / 56, Stewart, Waterfront Communities C1, Toronto, Commercial
- 7500 SQFT
Description
Commercial Investment For Sale.
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.
Community Features: Public Transit, Subways
Cross Street: King And Bathurst
Key Facts
- Days on: 0 days
- Mls Status: Price Change
- Board Property Type: Com
- Lot Type: Lot
- Lot Width: 40.50
- Garage Type: None
- Heat Type: Gas Forced Air Closed
- Cooling: Partial
- Building Area Total: 7500 Square Feet
Location 54 / 56, Stewart, Waterfront Communities C1, Toronto
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