1 / 27

$2,100,000

506 Adelaide Street

Waterfront Communities C1, Toronto, ON

—

Bedrooms

Bathrooms

1518

Sq Ft

—

Parking

About this property

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.

Property details

MLS® Number: C13832474
Property Type: Store W Apt/Office
Lot Size: 16.45 × 85 feet
Garage: None
Heating: Gas Forced Air Closed
Cooling: Partial
Annual Taxes: $23,559.64
Listed: September 26, 2026
Brokerage: HARVEY KALLES REAL ESTATE LTD.

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