506 ADELAIDE STREET WEST

Toronto (Waterfront Communities), , M5V1T5, Canada

$2,100,000

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)

EXTRAS: Refrigerator, Stove

Last updated on : Friday 2nd of October 2026 02:00:09 PM

ADDRESS

Street : 506 ADELAIDE STREET WEST

City : Toronto (Waterfront Communities)

Country : Canada

Postal Code : M5V1T5

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PROPERTY SUMMARY

Property ID : C13832346

Building Type : Row / Townhouse

Property Type : Single Family

Bedrooms : 4

Bathrooms : 3

Parking : 2

Parking Type: No Garage

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