506 Adelaide Street WToronto C01, Toronto, ON, M5V 1T5
506 Adelaide Street WToronto C01, Toronto, ON, M5V 1T5
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Buy/sell history for 506 Adelaide Street W, Toronto, ON M5V 1T5
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
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Current valuation for 506 Adelaide Street W, Toronto, ON M5V 1T5. Listed for $2,100,000 on 2026-11-02
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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?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)
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$2,100,000
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