506 Adelaide Street
Toronto (Waterfront Communities), Ontario M5V1T5
MLS # C13832346
Property Details
Type
Townhouse
Beds
4
Baths
3
Status
For Sale
More homes like this
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. One year FREE Property Management included, Ask LA for details
Mortgage Estimate
Estimated monthly payment
Calculating…
Estimate only. Taxes, insurance, condo fees, and lender terms are not included.
Monthly costs to verify
Property taxes: about $1,963/month based on listed annual taxes.
Estimate only. Confirm taxes, condo/maintenance fees, insurance, utilities, and lender terms before making decisions.
Facts & Location
Parking
2 spaces
Lot Size
16.5 x 85 FT
Annual Taxes
$23,560
Listing data
Listing information is provided for personal, non-commercial use and should be independently verified before making real estate decisions.
Last refreshed: Sep 27, 2026 4:30 PM
Explore nearby searches
SEO-friendly searches for this area, property type, and nearby neighbourhoods.
Similar Properties
More nearby listings that may fit the same search.
$949,900
95 John Bell Crescent
Toronto (Clairlea-Birchmount) · MLS # E13747252
5 bed · 3 bath · 1,885 sq ft
$750,000
50 Gerigs Street
Toronto (Clairlea-Birchmount) · MLS # E13547906
2 bed · 2 bath
$799,000
152 Frederick Tisdale Drive
Toronto (Downsview-Roding-CFB) · MLS # W13801676
3 bed · 3 bath