54 Stewart Street

Welcome to this exceptional house for sale in Toronto , located at 54 Stewart Street, Toronto. This semi-detached property boasts a remarkable three-storey design, perfectly situated in the vibrant Waterfront Communities C1 area. With a prime location adjacent to the future King Bathurst station on the Ontario Line, this house for sale in Toronto presents a unique opportunity for both investors and families alike.

The property features an impressive five bedrooms and two additional dens, providing ample space for comfortable living or potential conversion into home offices or guest rooms. With a total of 13 rooms, including three kitchens and five bathrooms, this house for sale in Toronto is designed to accommodate a variety of lifestyles. The extensive renovations completed in 2024, with an investment of over $700,000, ensure that the property is not only aesthetically pleasing but also functional and maintenance-free for the next two decades.

As you enter 54 Stewart Street, Toronto, you will immediately appreciate the quality of the renovations. The exterior is clad in durable brick, offering both charm and resilience. The interior features a modern layout, with central air conditioning to keep you comfortable throughout the year. The house is unfurnished, allowing you the freedom to personalise the space to your taste.

One of the standout features of this house for sale in Toronto is the finished basement, which has been transformed into a self-contained apartment. This additional living space could serve as a rental opportunity, further enhancing the property's appeal as a lucrative investment. Currently, the house is fully rented, generating a substantial monthly income of $15,000, making it a turnkey commercial and residential property.

The property also includes a large rear addition, which opens up to a private backyard patio. This serene outdoor retreat is perfect for relaxation or entertaining guests, providing a lovely escape from the hustle and bustle of city life. Although there is no pool, the backyard space offers plenty of room for outdoor activities and gatherings.

The house for sale in Toronto is equipped with modern amenities, including internet access and a family room, making it ideal for both work and leisure. The forced air heating system ensures that the home remains cosy during the colder months. However, it is worth noting that there is no central vacuum system, which may be a consideration for some buyers.

Parking is another important aspect to consider, and while this property does not include a garage or designated parking spaces, its prime location means that public transport options are readily available, especially with the upcoming King Bathurst station just steps away. This will undoubtedly enhance the property's value and accessibility, making it an attractive option for potential buyers.

In summary, 54 Stewart Street, Toronto, is not just a house; it is a prime investment opportunity in one of the city's most sought-after areas. With its extensive renovations, spacious layout, and proximity to future transit developments, this house for sale in Toronto is a rare find. Whether you are looking to invest in a rental property or seeking a family home with plenty of room to grow, this semi-detached gem is sure to impress.

Don’t miss out on this fantastic opportunity to own a piece of Toronto real estate. This house for sale in Toronto is ready for its next chapter, and it could very well be with you. Contact us today to arrange a viewing and see for yourself what makes 54 Stewart Street, Toronto, such a remarkable property!

Waterfront Communities C1, nestled along the scenic shores of Lake Ontario in Toronto, offers a vibrant blend of urban living and natural beauty. This dynamic area boasts a rich tapestry of cultural attractions, parks, and recreational spaces, making it an ideal locale for those who appreciate both city life and waterfront leisure. Residents can enjoy easy access to the bustling Harbourfront Centre, trendy eateries, and charming boutiques, all while being enveloped by stunning views of the lake and skyline. With excellent public transport links and a strong sense of community spirit, Waterfront Communities C1 is a captivating choice for anyone looking to immerse themselves in the heart of Toronto's waterfront lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest option is St. Mary Catholic School, just 0.3 km away, offering elementary education in both English and French, with a commendable school rating of 5.7. Additionally, Jean Lumb Public School and Ryerson Community School, located 0.7 km and 0.9 km away respectively, provide public education for grades JK to 8, with Ryerson offering a French language curriculum and a school rating of 3.8. For secondary education, Kapapamahchakwew - Wandering Spirit School is situated 2.0 km away, while St. Joseph's College School, known for its strong academic performance with a rating of 7.6, is 2.5 km from the property. This diverse range of educational institutions caters to various needs and preferences, ensuring that families have access to quality education close to home. The proximity to these schools enhances the appeal of the property, offering convenience and a supportive community for your children’s educational journey.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 4,877 residents, characterized by an average household size of 1.4 individuals. The demographic profile reveals a youthful community with an average age of 34.3 years. The average household income is notably high at $162,800, although 11.4% of the population is classified as low-income. The real estate market reflects a robust demand, with an average property price of $943,000. A significant portion of the population, 58.99%, is single, while 16.75% of households include children. The community is diverse, with 27.95% of residents being immigrants. Additionally, renters make up a substantial 54.01% of the population, indicating a vibrant rental market, predominantly consisting of condominiums, which account for 95.04% of housing options. Education levels are impressive, with 88.71% of residents holding a college or university degree. Furthermore, 10.22% of the population is not participating in the labor force, suggesting a mix of professionals and those pursuing education or other interests. Overall, this area presents a dynamic and educated community, making it an attractive location for potential homeowners and investors alike.