506 Adelaide Street W, Toronto, Ontario M5V 1T5

Listed for:
$2,100,000
4 beds
3 baths
Listed 6 days ago
Row / Townhouse for rent: 506 Adelaide Street W, Toronto, Ontario M5V 1T5

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About

Bathurst St & Adelaide St W 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. 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) (id:27476)

Property Highlights

MLS® Number
C13832346
Type
Single Family
Community Name
Waterfront Communities C1
Ownership Type
Freehold
Land Size
16.5 x 85 FT
Parking Space Total
2

Building

Building Type
Row / Townhouse
Storeys
3.00
Square Footage
2000 - 2500 sqft
Bathrooms Total
3
Bedrooms Above Ground
4
Bedrooms Total
4
Amenities
Park, Public Transit, Schools
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Second level
5.97 m x 2.87 m
Kitchen
Second level
4.88 m x 2.13 m
Bedroom
Second level
4.39 m x 2.03 m
Bedroom
Second level
2.84 m x 2.74 m
Bedroom
Third level
2.97 m x 2.24 m
Kitchen
Third level
3.76 m x 2.24 m
Bedroom
Third level
4.39 m x 2.24 m
Other
Lower level
8.71 m x 4.57 m
Other
Main level
8.86 m x 3.45 m
Other
Main level
4.93 m x 2.18 m
Other
Main level
2.84 m x 2.49 m
Other
Main level
2.92 m x 4.04 m

Location

Learn more about this property
Listing provided by:
HARVEY KALLES REAL ESTATE LTD.
MLS® number:
C13832346
Agent:
Errol Paulicpulle
Phone:
(416) 930-9857
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

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Listing provided by: HARVEY KALLES REAL ESTATE LTD.
Learn more about this property
Listing provided by:
HARVEY KALLES REAL ESTATE LTD.
MLS® number:
C13832346
Agent:
Errol Paulicpulle
Phone:
(416) 930-9857
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).