1 of 18 - 506 Adelaide Street W, Toronto (Waterfront Communities), Ontario
2 of 18 - 506 Adelaide Street W, Toronto (Waterfront Communities), Ontario
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506 Adelaide Street W, Toronto (Waterfront Communities), Ontario

$2,100,000

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4

Beds

3

Baths

About 506 Adelaide Street 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?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) (id:6289)

Features of 506 Adelaide Street W

Listing # C13832346
Price $2,100,000
Bedrooms 4
Bathrooms 3.00
Type Single Family
Sub-Type Row / Townhouse

Community Information

Address 506 Adelaide Street W
Subdivision Waterfront Communities C1
City Toronto (Waterfront Communities)
Province Ontario
Postal Code M5V1T5

Amenities

Utilities Sewer, Electricity, Cable
Features Lane
Parking Spaces 2
Parking No Garage
Garages No Garage
View City view
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Stove
Heating Forced air, Natural gas
Cooling None
Fireplace No
# of Stories 3
Has Basement No
Basement Unfinished, N/A

Exterior

Lot Description 16.5 x 85 FT
Foundation Unknown

Listing Details

OfficeHARVEY KALLES REAL ESTATE LTD.

Listing Map

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