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$2,100,000
Ontario,Toronto (Waterfront Communities)
For Sale Active
506 ADELAIDE STREET W, Toronto (Waterfront Communities), Ontario M5V1T5
  • 4
  • 3
  • 2000 - 2500Square Feet
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Basic Details
Description

Mixed-use investment opportunity in Toronto’s King West/Fashion District. The main floor and basement provide retail commercial space, with one residential unit on each of the second and third floors. Both residential units have been recently updated; the second-floor unit is expected to be vacant by November 30. Annual income is approximately $141, 000, providing strong holding income and a reported

cap rate above 5%. The property’s historic character and Adelaide Street West location add long-term appeal. Potential for future redevelopment or adaptive reuse, subject to heritage requirements and municipal approvals. Buyer to verify all income, expenses, tenancies, heritage matters and development potential. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: C13832346
  • Price: $2,100,000
  • Bedrooms: 4
  • Bathrooms: 3
  • View: City view
  • Square Footage: 2000 - 2500 Sqft
  • Status: Active
  • Office Name: HARVEY KALLES REAL ESTATE LTD.
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Office Key: 50834
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: None
  • Basement: N/A, Unfinished
  • Parking: No Garage
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, Toronto (Waterfront Communities), M5V1T5
  • Street: Adelaide
  • Street Number: 506
  • Street Suffix: Street
  • Longitude: W80° 35' 56.9''
  • Latitude: N43° 38' 45''
  • Street Dir Suffix: West
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 16.5 x 85 FT
  • Stories: 3.0
Financial
  • Tax Annual Amount: 23559.64
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Listing updated: 2026-09-27 08:55:10
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Listing Information
  • List Agent Key: 1420379
  • List Office Key: 50834
  • Modification Timestamp: 2026-09-26T20:35:31Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-09-26T20:29:29Z
Powered by REALTOR.ca
Listing updated: 2026-09-27 08:55:10
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