506 Adelaide Street W, Toronto, Ontario M5V 1T5

Listed for:
$2,100,000
0 beds
0 baths
Listed 5 days ago
Residential Commercial Mix 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/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 (id:27476)

Property Highlights

MLS® Number
C13832474
Type
Retail
Community Name
Waterfront Communities C1
Land Size
16.45 x 85 FT

Building

Building Type
Residential Commercial Mix
Square Footage
1518 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Partially air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
HARVEY KALLES REAL ESTATE LTD.
MLS® number:
C13832474
Agent:
Errol Paulicpulle
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