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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
Price history is locked
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.
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