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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Tony & Ledi Real Estate Team

Tony & Ledi Real Estate Team

+1(647) 493-3579
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Est. payment | /mo

4 Beds

3 Baths

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-
Est. payment | /mo
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4 Beds

3 Baths

Key Details

Property Type Condo, 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

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?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)

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Rooms

Family Room No

Basement Unfinished

Kitchen 2

Interior

Interior Features Other

Cooling None

Inclusions Existing Stove, Fridges, Furnace. One year FREE Property Management included, Ask LA for details

Exterior

Parking Features Lane

Pool None

View City

Roof Type Unknown

Lot Frontage 16.45

Lot Depth 85.0

Total Parking Spaces 2

Building

Foundation Unknown

Others

Senior Community No

ParcelsYN No

Listed by HARVEY KALLES REAL ESTATE LTD.

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506 Adelaide ST W

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