506 ADELAIDE STREET W, Toronto, Ontario
$2,100,000
- 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 and municipal approvals. Buyer to verify all income, expenses, tenancies, heritage matters and development potential. (id:23309)
- Listing ID: C13832346
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 506 ADELAIDE STREET W in Toronto Ontario. It was last modified on September 26th, 2026. Contact Sharli Esson Gordon to schedule a viewing or to discover other Toronto homes for sale.




























