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Active

$2,100,000

506 Adelaide St W

Toronto C01, ON M5V 1T5

506 Adelaide St W, Toronto C01 — Listed at $2,100,000 Store W Apt/Office. MLS® C13832474.

Possession · seller's timeline

Immediate

Store W Apt/Office
$23,559.64Taxes/yr · 2026

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/Metrolinx 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) 2nd floor vaanting Novmeber 14th 2026

Property Details

Property TypeStore W Apt/Office
CommunityWaterfront Communities C1
Lot Dimensions16.45 × 85 ft
Dir/Cross StBathurst St & Adelaide St W
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CPartial
Taxes (2026)$23,559.64
HSTNot Subject to HST
SecurityNo
Listed Date9/26/2026
Days on Market18 days
PossessionTBD

Business Details

Property Sub-TypeStore W Apt/Office
Property UseStore With Apt/Office
Occupant TypeTenant
Showing RequirementsGo Direct
Possession TypeImmediate
Listing Expires3/31/2027
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: HARVEY KALLES REAL ESTATE LTD.

MLS® #C13832474

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Store W Apt/Office is located in the Waterfront Communities C1 community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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