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Key Facts
Key facts for 506 Adelaide Street W
Property Type
Townhome, 3-Storey
Parking
None 0 garage, 2 parking
MLS #
C13832346
Size
2000-2500 sqft
Basement
Unfinished
Listed on
2026-09-25
Lot size
16 x 85.0
Tax
$23,559.64 /yr
Days on Market
18
Approximate Age
-
Maintenance Fee
-
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 b...y 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)
Full Property Details
Interior
Bedrooms
4
Total Bedrooms
4
Washrooms
3
Square Footage
2000-2500 sqft
Basement
Unfinished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
2
Total Kitchens
2
Fireplace Features
No
Bedrooms
4
Total Bedrooms
4
Washrooms
3
Square Footage
2000-2500 sqft
Basement
Unfinished
Heating Source
Gas
Heating Fuel
Forced Air
Air Conditioning
None
Family Room
No
Kitchens
2
Total Kitchens
2
Fireplace Features
No
Exterior
Depth
85.0
Front
16.45
Driveway
Lane
Lot Size
16 x 85.0 ft
Pool
None
Parking Spaces
2
Total Parking Spaces
2.00
Parking Description
None
Garage Spaces
0
Depth
85.0
Front
16.45
Driveway
Lane
Lot Size
16 x 85.0 ft
Pool
None
Parking Spaces
2
Total Parking Spaces
2.00
Parking Description
None
Garage Spaces
0
Building Description
Style
3-Storey
Home Type
Townhome
Subtype
Att/Row/Townhouse
Property Orientation
North
Exterior Finish
Other
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Style
3-Storey
Home Type
Townhome
Subtype
Att/Row/Townhouse
Property Orientation
North
Exterior Finish
Other
Sewers
Sewer
Water Supply
Municipal
Possession Date
No Data
Community
Community
Waterfront Communities C1
Community
Waterfront Communities C1
Taxes & Fees
Taxes
$23,559.64 /yr
Tax Year
2026
Occupancy
Tenant
Taxes
$23,559.64 /yr
Tax Year
2026
Occupancy
Tenant
Room Types
Bedroom
Closet, Window
Dimensions 14.4 x 6.66 feet
95.9 sqft
Bedroom
Window
Dimensions 14.4 x 7.35 feet
105.84 sqft
Bedroom
Window
Dimensions 9.32 x 8.99 feet
83.79 sqft
Bedroom
Window
Dimensions 9.74 x 7.35 feet
71.59 sqft
Kitchen
Tile Floor, Double Sink, Window
Dimensions 12.34 x 7.35 feet
90.7 sqft
Kitchen
Tile Floor, Combined w/Living, W/O To Terrace
Dimensions 16.01 x 6.99 feet
111.91 sqft
Living Room
Combined w/Kitchen
Dimensions 19.59 x 9.42 feet
184.54 sqft
Other
Hardwood Floor
Dimensions 16.17 x 7.15 feet
115.62 sqft
Other
Unfinished
Dimensions 28.58 x 14.99 feet
428.41 sqft
Other
Hardwood Floor, Large Window
Dimensions 29.07 x 11.32 feet
329.07 sqft
Other
Hardwood Floor
Dimensions 9.32 x 8.17 feet
76.14 sqft
Other
Hardwood Floor
Dimensions 9.58 x 13.25 feet
126.94 sqft
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