19
$2,100,000 Sale
Listed 16 days ago
506 Adelaide Street W
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Listing History
Buy/Sell/Terminated/Expired listing history for 506 Adelaide Street W
Key Facts
Key facts for 506 Adelaide Street W
Property Type
Commercial
Parking
None
MLS #
C13832474
Size
-
Basement
-
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/Metrolinx 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) 2nd floor vaanting Novmeber 14th 2026
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Courtesy of: HARVEY KALLES REAL ESTATE LTD.