54 / 56 Stewart Street, Toronto
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. (id:1945)
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Property details for 54 / 56 Stewart Street, Toronto
- Type
- Multi-family
- Living Area
- 7,500 square feet
- Lot Size
- 40.5 x 88 FT
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Annual Taxes
- $10,758
Nearby Listings Stat
Estimated price and comparable properties near 54 / 56 Stewart Street
Active Listings
1390
Min Price
$1
Max Price
$23,423,423
Avg Price
$986,634
Days on Market
68
days
Sold Listings
573
Min Sold Price
$1
Max Sold Price
$6,249,500
Avg Sold Price
$863,293
Days until Sold
65
days
Neighbourhood Census Data
Toronto, Ontario
Population
387
Median Age
49.5
Median Income
$29,376
Dwelling Value
$99,963
Housing Tenure
Owners 85%
Renters 15%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 556.2/km²
Avg Shelter Cost: $756/mo
Owners with Mortgage: 32.1%
Owners Spending 30%+: 10.7%
Tenants Spending 30%+: 0%
English only: 100%
Median Household Income: $51,328
Median Employment Income: $32,192
Price History
Listed
May 20, 2026
by Royal LePage Real Estate Associates
Current Price
$5,600,000
-3.4% from last change
Type
Multi-family
For Sale
Price Changes
2
| Date | Price | Change |
|---|---|---|
| Current | $5,600,000 | $200,000 (-3.4%) |
| Jun 2, 2026 | $5,800,000 | $200,000 (-3.3%) |
| May 29, 2026 | $6,000,000 | Listed |