1 of 19 - 506 Adelaide Street W, Toronto (Waterfront Communities), Ontario
2 of 19 - 506 Adelaide Street W, Toronto (Waterfront Communities), Ontario
3 of 19 - 506 Adelaide Street W, Toronto (Waterfront Communities), Ontario
4 of 19 - 506 Adelaide Street W, Toronto (Waterfront Communities), Ontario
5 of 19 - 506 Adelaide Street W, Toronto (Waterfront Communities), Ontario
View Gallery Arrow right

506 Adelaide Street W, Toronto (Waterfront Communities), Ontario

$2,100,000

Previous Next

1,518

Square feet

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/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:6289)

Features of 506 Adelaide Street W

Listing # C13832474
Price $2,100,000
Square Footage 1,518
Type Retail
Sub-Type Residential Commercial Mix

Community Information

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

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Partially air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description 16.45 x 85 FT

Listing Details

OfficeHARVEY KALLES REAL ESTATE LTD.

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?