$2,999,900Asking Price
54 Stewart Street, Toronto, ON M5V 1H6
Fashion District, Toronto
Prime condo assembly opportunity directly beside a major new subway station currently under constructionthis property is the next lot immediately east, physically touching the future Ontario Line King St West station. Ideal for joining with neighbouring townhomes to develop a high-rise condo site. Fully renovated to the studs in 2024 with over $700,000 in upgrades, including all-new soundproofing, fire-rated drywall, new roof, 1" plumbing lines, 200-amp dual-pane ESA-approved electrical, gas lines and plumbing rough-ins on the main and second floors, five full bathrooms with stand-up showers, two furnaces and two A/C units for zoned climate control, and new vinyl windows. Layout includes two retail units on the main floor, one retail unit on the second floor, a 2-bedroom lower-level apartment, and a 3-bedroom third-floor apartment with soaring ceilings, plus a spacious rear addition and fully fenced, landscaped backyard. Current gross rent approx. $13,500/month. A rare, turnkey investment with strong holding income and exceptional long-term development potential beside key transit infrastructure.
Prime condo assembly opportunity directly beside a major new subway station currently under constructionthis property is the next lot immediately east, physically touching the future Ontario Line King St West station. Ideal for joining with neighbouring townhomes to develop a high-rise condo site. Fully renovated to the studs in 2024 with over $700,000 in upgrades, including all-new soundproofing, fire-rated drywall, new roof, 1" plumbing lines, 200-amp dual-pane ESA-approved electrical, gas lines and plumbing rough-ins on the main and second floors, five full bathrooms with stand-up showers, two furnaces and two A/C units for zoned climate control, and new vinyl windows. Layout includes two retail units on the main floor, one retail unit on the second floor, a 2-bedroom lower-level apartment, and a 3-bedroom third-floor apartment with soaring ceilings, plus a spacious rear addition and fully fenced, landscaped backyard. Current gross rent approx. $13,500/month. A rare, turnkey investment with strong holding income and exceptional long-term development potential beside key transit infrastructure.
See MoreKey Info
- 3-Storey Semi-Detached
- 0-Car Driveway
- No Garage
- Bathurst / King st west
- 2000-2500 Approximate Sq Feet
- Basement: Apartment, Finished
- 4 + 1 Kitchens
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 19.5 x 86 Feet
- Brick Exterior
- Taxes were $7,260 in 2025
- Possession: Flexible
Details
- Fireplace
- Family Room
- Sewers
- Municipal Water
- MLS #C12166655
- KELLER WILLIAMS REAL ESTATE ASSOCIATES
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Office | Main | 3-PieceBath | |
| 2 | Office | Main | ||
| 3 | Kitchen | Lower | ||
 | 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom | |||
| 1 3-Piece Bathroom on Main Floor | |||
| 1 2-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom on Lower | |||
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Who lives here?
Fashion District, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and business, science, education, law & public sector and arts & culture professionals. Residents tend to be younger with a significant number of adults aged 25 to 44.
Families
Kids Per Family
0.3
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
58%
of residents are
single and loving it.
58% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
51%
of residents
are renters.
51% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
76%
of residents are
university grads.
76% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$156K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Business | 21% |
| Management | 18% |
| Sales | 12% |
| Government | 12% |
| Sciences | 11% |
Immigrants
25%
of residents were
born outside of Canada.
25% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.0% from China
All-time
Birthplace - Recent
0.8% from Iran
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| Cantonese | 2% |
| Spanish | 2% |
| Portuguese | 1% |
| Persian | 1% |
Religions
Religions
| Christian | 48% |
| Jewish | 5% |
| Buddhist | 2% |
| Hindu | 1% |
Social Housing
Social Housing Buildings
0
Social housing buildings
in the neighbourhood.
Shelters
Shelters
2
Homeless shelters in
the neighbourhood.
