506 Adelaide ST W, Toronto C01, ON M5V 1T5
506 Adelaide ST W, Toronto C01, ON M5V 1T5
506 Adelaide ST W, Toronto C01, ON M5V 1T5
506 Adelaide ST W, Toronto C01, ON M5V 1T5
506 Adelaide ST W, Toronto C01, ON M5V 1T5
506 Adelaide ST W, Toronto C01, ON M5V 1T5
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Robert Di Rosa

Robert Di Rosa

+1(289) 338-9720
$ 2,100,000
Est. payment | /mo

4 Beds

3 Baths

1,518 Sqft Lot

Save
$ 2,100,000
Est. payment | /mo
Save

4 Beds

3 Baths

1,518 Sqft Lot

Key Details

Property Type Townhouse

Sub Type Att/Row/Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Municipality Toronto C01

Subdivision Waterfront Communities C1

MLS Listing ID C13832346

Style 3-Storey

Bedrooms 4

Annual Tax Amount $23,559

Tax Year 2026

Lot Size 1,518 Sqft

Property Sub-Type Att/Row/Townhouse

Property Description

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 and municipal approvals. Buyer to verify all income, expenses, tenancies, heritage matters and development potential.

Location

State ON

County Toronto

Community Toronto C01

Area Toronto

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Lane

Pool None

View City

Roof Type Unknown

Lot Frontage 16.45

Lot Depth 85.0

Total Parking Spaces 2

Building

Unit Features Library,Park,Public Transit,School

Foundation Unknown

Others

ParcelsYN No

Listed by HARVEY KALLES REAL ESTATE LTD.

Nearby Locations

Robert Di Rosa

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(289) 338-9720

robdrealtor@gmail.com

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506 Adelaide ST W