Office Listings
506 Adelaide Street W
Waterfront Communities C1
Toronto
M5V 1T5
$2,100,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C13832474
- Photos (19)
- Schedule / Email
- Send listing
- Mortgage calculator
- Print listing
Schedule a viewing:
Cancel any time.
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 Type:
- Commercial
- Property Sub Type:
- Store W Apt/Office
- Freestanding:
- No
- Total Area:
- 1518 sq. ft. Square Feet
- Total Area:
- 1,517.71 sq. ft.141 m2
- Retail Area:
- 0 sq. ft. Sq Ft
- Office/Apt Area:
- 1518 sq. ft. Sq Ft
- Lot Depth:
- 85'25.9 m
- Lot Frontage:
- 16'5"5.01 m
- Water supply:
- Municipal
- Zoning:
- CRE (x76)
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- Not Subject to HST
- Type Taxes:
- Annual
- Taxes:
- $23,559.64 / 2026
- Assessment:
- $- / -
- Toronto
- Toronto C01
- Waterfront Communities C1
- No
- Hot Water Heater. One year FREE Property Management included, Ask LA for details
- Existing Stove, Fridges, Furnace. One year FREE Property Management included, Ask LA for details
- All Of Tenants Belongings
- None
- Utilities:
- Available
- Air Conditioning:
- Partial
- Seller Property Info Statement:
- No
- Category:
- Store With Apt/Office
- Date Listed:
- Sep 26, 2026
- Original Price:
- $2,100,000
Larger map options:
Listed by HARVEY KALLES REAL ESTATE LTD.
Data was last updated October 13, 2026 at 12:15 AM (UTC)
- DAVID HARLAND
- HARVEY KALLES REAL ESTATE LTD.
- 1 (416) 5284149
- Contact by Email
The enclosed information while deemed to be correct, is not guaranteed.


