506 Adelaide Street
Property facts
- Property type
- Tenant
- Bedrooms
- 4
- Bathrooms
- 3
- Parking
- lane
- Taxes (as supplied)
- 2026
Only details supplied with this listing are shown. Ask the listing contact to confirm measurements, taxes and costs.
About this home
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. 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
Map coordinates have not been supplied for this listing.
Search the supplied address in mapsListing information
- Original source
- toronto.listing.ca
- Added to Mirror
Added and updated dates describe the Mirror record. Source publication and verification dates are shown separately when known; none establishes time on market. Confirm current price and availability with the listing contact.
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