For Sale · MLS® C13832346
506 Adelaide Street
Waterfront Communities C1 · Toronto
$2,100,000
Property overview
A closer look.
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. One year FREE Property Management included, Ask LA for details
Highlights
Demonstration listing data. Availability, price, measurements, and property details must be confirmed through the connected MLS® source before relying on them.
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