Toronto, ON
506 Adelaide Street W
$2,100,000
Data last updated Oct 30, 2026, 12:00 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $2,100,000
- Type
- att/row/townhouse
- Bedrooms
- 4
- Bathrooms
- 3
- MLS®
- C13832346
- Status
- active
- Brokerage
- HARVEY KALLES REAL ESTATE LTD.
About this home
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?merolinx approval and municipal approvals. One year FREE Property Management included, Ask LA for details. NOTE: One seller is a Registered Real Estate Saleperson. 2421 sq feet (2949 including basement)
Location
More details
- Property tax
- $23,560 (2026)
- Days on market
- 35
- Style
- 3-Storey
- Lot
- 16.45 × 85 Feet
- Parking
- 2 spaces · None
- Basement
- Unfinished
- Heating
- Forced Air
- Air conditioning
- None
- Neighbourhood
- Waterfront Communities C1
- Major intersection
- Bathurst St & Adelaide St W
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.