506 Adelaide Street W, Toronto

For sale · $2,100,000

4 beds · 3 baths · Att/Row/Townhouse · 2000-2500 sq ft

Photo of 506 Adelaide Street W

About this home

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?merolinx 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)

Listing details

  • MLS® number: C13832346
  • Listed on September 26, 2026
  • 18 photos

Listing brokerage: HARVEY KALLES REAL ESTATE LTD.

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