1,518 sqft
C$2,100,000
506 Adelaide Street W, Toronto, Toronto C01 ON, M5V 1T5
Price per sqftC$1,383.40
Property size1,518 sqft
Property typeCommercial
Overview
Active
New
Listed Sep 26, 2026
Updated 9 days ago
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/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
Other Property Details
- Taxes
- $23,560
- Tax Frequency
- Annually
Courtesy of Listed by , HARVEY KALLES REAL ESTATE LTD.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 4:25 AM UTC, 10/3/2026