54 Stewart St
Waterfront Communities C1, Downtown Toronto, M5V 1H6
FOR SALE
$3,000,000
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5 + 2
BEDROOMS5
BATHROOMS3 + 1
KITCHENS13 + 4
ROOMSC8241808
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Property Description
Future Subway station is the abutting neighbour. "Ontario Line" will span from the exhibition to the Ontario science center. Rare opportunity to acquire a prime residential/ commercial location right beside the future King St west subway station. Property includes a large rear addition/ private backyard patio space/ and full third floor space with high ceilings. Extensively renovated, turn key with 0 maintenance for the next 20+ years.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-03-28 | 2023-06-06 | 74 | $1,650,000 | $1,500,000 | Sold |
Extras
Rental income potential with rough in plumbing throughout all floors. Potential for a live- work, as it holds both residential and commercial zoning.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Semi-Detached, 3-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
20' x 89'
Fronting
North
Taxes
$6,763 (2023)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Driveway
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
54 Stewart St is a 5-bedroom 5-bathroom home listed for sale at $3,000,000, which is $279,022 (10.3%) higher than the average sold price of $2,720,978 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 5 bedroom home in Downtown Toronto increased by $316,194 (13.1%) compared to the previous 30 day period (March 2 - March 31) and down $9,345 (0.3%) from the same time one year ago.Inventory Change
There were 149 5-bedroom homes listed in Downtown Toronto over the last 30 days (April 1 - April 30), which is up 52.0% compared with the previous 30 day period (March 2 - March 31) and up 40.6% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Downtown Toronto typically sold ($28,740) (1.1%) below asking price over the last 30 days (April 1 - April 30), which represents a $15,188 decrease compared to the previous 30 day period (March 2 - March 31) and $5,991 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 5-bedroom homes in Downtown Toronto over the last 30 days (April 1 - April 30) stood at 38.9%, down from 52.0% over the previous 30 days (March 2 - March 31) and down from 59.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 5-bathroom home in Downtown Toronto stood at 16 days when successfully sold over the last 30 days (April 1 - April 30), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Keller Williams Real Estate Associates
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