506 Adelaide St W
Toronto, ON M5V 1T5
For more information on this listing, contact us at: (647) 360-2908
Active
$2,100,000
506 Adelaide St W Toronto, ON M5V 1T5
Att/Row/Townhouse
Property Type
4
Beds
3
Baths
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)
MLS #
C13832346
Monthly Assoc. Fee
N/A
On Site
7 Days
Last Updated
10/2/2026
Contact Agent
Ariez Reyes Tamboowalla
(647) 360-2908Property Details
Community Information
Address
506 Adelaide St W, Toronto, ON M5V 1T5
Area
Toronto
City
Toronto
Community
Waterfront Communities C1
Postal Code
M5V 1T5
Municipality
Toronto C01
Architecture
Bedrooms
4
Bathrooms
3
Stories
3
Style
3-Storey
Basement
Unfinished
Features / Amenities
Kitchens Total
2
Direction Faces
North
Parking Features
Lane
Parking Spaces
2
Heat Type
Forced Air
Heat Source
Gas
Property Features
Property Features
Library, Park, Public Transit, School
View
City
Sq. Ft.
2000-2500
Sewer
Sewer
Directions
Bathurst St & Adelaide St W
Tax and Financial Info
Tax Annual Amount
$23,559.64
Tax Year
2026
Listing Office
Listing provided courtesy of Harvey Kalles Real Estate Ltd..
Rooms
| Level | Size | Features | |
| Other | Main | 29.07 X 11.32 | Hardwood Floor,Large Window |
| Kitchen | Second | 16.01 X 6.99 | Tile Floor,Combined w/Living,W/O To Terrace |
| Other | Main | 16.18 X 7.15 | Hardwood Floor |
| Bedroom | Third | 14.40 X 7.35 | Window |
| Other | Lower | 28.58 X 14.99 | Unfinished |
| Bedroom | Second | 14.40 X 6.66 | Closet,Window |
| Other | Main | 9.32 X 8.17 | Hardwood Floor |
| Living Room | Second | 19.59 X 9.42 | Combined w/Kitchen |
| Other | Main | 9.58 X 13.26 | Hardwood Floor |
| Bedroom | Third | 9.74 X 7.35 | Window |
| Bedroom | Second | 9.32 X 8.99 | Window |
| Kitchen | Third | 12.34 X 7.35 | Tile Floor,Double Sink,Window |
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Listing Information Last Updated 10/2/2026
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The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
