506 ADELAIDE STREET W - Photo 1 of 27, Toronto (Waterfront Communities), Ontario
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$2,100,000

506 ADELAIDE STREET W — Toronto (Waterfront Communities), Ontario

M5V1T5

HARVEY KALLES REAL ESTATE LTD.
1,518Sq Ft

About This Property

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. (id:63357)

HARVEY KALLES REAL ESTATE LTD.

Property Location

Map

Property Details

Property Type
Commercial
Living Area
1,518 sqft
Status
Active

Location & Neighborhood

What's nearby 506 ADELAIDE STREET W

Nearby Schools

Transit Access

Local Amenities

POI data updated 9/26/2026

Last updated: Sep 26, 2026

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$2,100,000
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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

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