506 Adelaide Street W, Toronto, ON M5V 1T5
Toronto, ON M5V 1T5
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?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)
Property facts & features
- Days on market
- Not reported
- Property type
- Att/Row/Townhouse
- MLS® number
- C13832346
- Source status
- New
- Bedrooms
- 4
- Bathrooms
- 3
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- M5V 1T5
- Parking spaces
- 2
- Garage
- None
- Lot depth (source units)
- 85
- Annual property tax
- 23559.64
- Basement
- Unfinished
- Laundry
- Not provided
- Interior features
- Other
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 37 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Rooms & virtual tours
- Bedrooms above grade
- 4
- Rooms above grade
- 10
- Den / family room reported
- No
Reported counts are shown independently. Room dimensions have not been inferred from these counts.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $2,100,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Explore active properties in Toronto →Listing brokerage: HARVEY KALLES REAL ESTATE LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® C13832346. Information deemed reliable but not guaranteed.