506 Adelaide Street W, Toronto, ON M5V 1T5
Toronto, ON M5V 1T5
Quick cost estimateKnown monthly subtotal$11,734.27 / monthLand transfer tax $76,950One-time estimate
Quick cost estimate
$11,734.27 / monthKnown monthly subtotal
- Mortgage principal & interest
- $9,770.96
- Property tax / month
- $1,963.30
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $76,950
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal tax is included because the listing is located in the City of Toronto.
- Ontario tax
- $38,475
- Toronto municipal tax
- $38,475
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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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/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
Home details
- Days on market
- Not reported
- Property type
- Store W Apt/Office
- MLS® number
- C13832474
- Source status
- New
- Postal code
- M5V 1T5
- Building area (total)
- 1,517.71 sq ft
- Lot depth
- 85 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Tenant
- Possession type
- Immediate
- Garage
- None
- Annual property tax
- 23559.64
- Waterfront
- No
- Heating system
- Gas Forced Air Closed
- Cooling
- Partial
- Utility services
- Available
- MLS entry age (not confirmed DOM)
- 42 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Available
- Heating system
- Gas Forced Air Closed
- Cooling
- Partial
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
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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Estimate monthly costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- Toronto
- Municipality
- TORONTO
- MLS® community
- Waterfront Communities C1
- Municipal neighbourhood
- Wellington Place
- MLS® district
- Toronto C01
Plan a trip from this home
Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
ALPHA Alternative Junior School ↗
Elementary · JK-6 · English · Public
20 Brant St, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
Oasis Alternative Secondary School ↗
Secondary · 9-12 · English · Public
115 Simpson Ave, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
No published percentages for these measures in this source record.
St Mary Catholic School ↗
Elementary · JK-8 · English · Catholic
20 Portugal Sq, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 53%
- Grade 3 Writing (at provincial standard)
- 75%
- Grade 3 Mathematics (at provincial standard)
- 33%
- Grade 6 Reading (at provincial standard)
- 100%
- Grade 6 Writing (at provincial standard)
- 88%
- Grade 6 Mathematics (at provincial standard)
- 38%
Ryerson Community School Junior Senior ↗
Elementary · JK-8 · English · Public
96 Denison Ave, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 60%
- Grade 3 Writing (at provincial standard)
- 55%
- Grade 3 Mathematics (at provincial standard)
- 40%
- Grade 6 Reading (at provincial standard)
- 65%
- Grade 6 Writing (at provincial standard)
- 65%
- Grade 6 Mathematics (at provincial standard)
- 26%
Niagara Street Junior Public School ↗
Elementary · JK-6 · English · Public
222 Niagara St, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 76%
- Grade 3 Writing (at provincial standard)
- 67%
- Grade 3 Mathematics (at provincial standard)
- 62%
- Grade 6 Reading (at provincial standard)
- 100%
- Grade 6 Writing (at provincial standard)
- 100%
- Grade 6 Mathematics (at provincial standard)
- 84%
Ogden Junior Public School ↗
Elementary · JK-6 · English · Public
33 Phoebe St, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 76%
- Grade 3 Writing (at provincial standard)
- 68%
- Grade 3 Mathematics (at provincial standard)
- 56%
- Grade 6 Reading (at provincial standard)
- 77%
- Grade 6 Writing (at provincial standard)
- 85%
- Grade 6 Mathematics (at provincial standard)
- 53%
Charles G Fraser Junior Public School ↗
Elementary · JK-6 · English · Public
79 Manning Ave, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 59%
- Grade 3 Writing (at provincial standard)
- 59%
- Grade 3 Mathematics (at provincial standard)
- 64%
- Grade 6 Reading (at provincial standard)
- 95%
- Grade 6 Writing (at provincial standard)
- 95%
- Grade 6 Mathematics (at provincial standard)
- 71%
Bishop Macdonell Catholic School
Elementary · JK-8 · English · Catholic
20 Brunel Crt, Toronto
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 83%
- Grade 3 Writing (at provincial standard)
- 74%
- Grade 3 Mathematics (at provincial standard)
- 85%
- Grade 6 Reading (at provincial standard)
- 97%
- Grade 6 Writing (at provincial standard)
- 91%
- Grade 6 Mathematics (at provincial standard)
- 64%
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
Filter the records displayed below.
Transit near this property
Published transit locations. Distances are straight-line estimates, not walking routes or travel times.
Rail & subway · within 5 km
- OsgoodeTTC · Subway1.3 km
- St AndrewTTC · Subway1.3 km
- UP Express Union StationUP Express · Train1.4 km
- St PatrickTTC · Subway1.4 km
- Union Station GOGO Transit · Train1.6 km
Bus & streetcar · within 2 km
- King St West at Portland StTTC · Streetcar156 m
- King St West at Portland St East SideTTC · Streetcar181 m
- King St West at Bathurst StTTC · Streetcar202 m
- King St West at Bathurst St East SideTTC · Streetcar215 m
- Bathurst St at King St WestTTC · Streetcar244 m
- Bathurst St at King St WestTTC · Bus252 m
- Queen St West at Augusta AveTTC · Streetcar253 m
- Bathurst St at King St WestTTC · Bus258 m
Sources & service information
These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.
- GO Transit source · feed 2026-10-28 to 2026-11-27 · checked 2026-11-02 14:57:59 UTC · Licence · Agency website
- TTC source · feed 2026-11-01 to 2026-12-19 · checked 2026-11-02 14:57:57 UTC · Licence · Agency website
- UP Express source · feed 2026-10-30 to 2027-04-28 · checked 2026-11-02 14:57:59 UTC · Licence · Agency website
Filter the records displayed below.
Nearby amenities
Mapped places within 2.0 km. Distances are straight-line estimates to map points or area centres.
Groceries
- 200 m
- 234 m
- 373 m
Pharmacies
- 241 m
- 251 m
- 322 m
Parks
- Portland Street ParketteMapped area centre82 m
- Adelaide Place ParketteMapped area centre120 m
- St. Andrew's PlaygroundMapped area centre162 m
Fitness centres
- 153 m
- 213 m
- 235 m
Libraries
- Toronto Public Library - Fort YorkMapped area centre729 m
- 796 m
- 962 m
Community centres
- 649 m
- 745 m
- 758 m
Cafés
- 1 m
- 76 m
- 129 m
Restaurants
- 5 m
- 43 m
- 54 m
Clinics
- 167 m
- Parkdale Queen West Community Health CentreMapped area centre286 m
- 355 m
Hospitals
- Toronto Western HospitalMapped area centre934 m
- Centre For Addiction and Mental Health - Queen Street SiteMapped area centre1.5 km
- Centre For Addiction and Mental Health - College Street SiteMapped area centre1.5 km
Childcare
- 515 m
- 681 m
- 928 m
© OpenStreetMap contributors · ODbL · Download this open dataset
Coverage & map information
Map snapshot: 2026-11-02T15:25:06Z. This is a rectangular GTA-area extract with partial regional coverage. Data may be incomplete near its edges. Places and categories are community mapped; opening status, entrances and service availability are not verified. Matching point/area entries with the same name within 25 metres are paired for display using the point location; the downloadable dataset retains every original map record. Other duplicates may remain. No walking routes, travel times or walking score are inferred.
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
506 Adelaide Street W, Toronto, ON M5V 1T5, Toronto is listed for sale as a Store W Apt/Office. Asking price: $2,100,000. Occupancy is reported as Tenant. MLS® C13832474.
The Ministry’s school dataset lists ALPHA Alternative Junior School approximately 211 m from the property’s mapped location. The published TTC feed includes Osgoode, approximately 1.3 km away. OpenStreetMap shows nearby mapped places including Portland Street Parkette (82 m) and Loblaws (200 m).
Local context
The Ministry’s school dataset lists ALPHA Alternative Junior School approximately 211 m from the property’s mapped location.
The published TTC feed includes Osgoode, approximately 1.3 km away.
OpenStreetMap shows nearby mapped places including Portland Street Parkette (82 m) and Loblaws (200 m).
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: HARVEY KALLES REAL ESTATE LTD.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® C13832474. Information deemed reliable but not guaranteed.