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SaleStore W Apt/Office

506 Adelaide Street W

Toronto C01, ON M5V 1T5

Price

$2,100,000

Building Size

1,517.71 sq ft

MLS# C13832474 | Listed by HARVEY KALLES REAL ESTATE LTD.

Business Details

Property Use

Store With Apt/Office

Commercial Space & Financials

Office / Apt Area

1,517.71 sq ft

Taxes (Annual)

$23,559.64

Industrial Specifications

Lot Size

16.45' × 85'

Property 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

Price & Status History

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Location

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506 Adelaide Street W, Toronto C01 M5V 1T5

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Listing Courtesy of: HARVEY KALLES REAL ESTATE LTD.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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