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Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5
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Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 1 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 2 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 3 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 4 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 5 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 6 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 7 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 8 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 9 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 10 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 11 Store W Apt/Office at 506 Adelaide Street W, Toronto, ON M5V 1T5, photo 12
New · Listed Sep 26, 2026 · 32 days on market

506 Adelaide Street W, Toronto, ON M5V 1T5

$2,100,000

Commercial · Store W Apt/Office · 1517.71 sq ft · For Sale

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 summary

TypeCommercial
SubtypeStore W Apt/Office
Building area1517.71 Square Feet
Lot size16.45 × 85 ft
Taxes$23,560 / yr
GarageNone
PossessionImmediate
OccupantTenant
Property
Lot width16.45
Lot depth85
Power & Services
Heating typeGas Forced Air Closed
UtilitiesAvailable
Zoning & Taxes
Taxes / yr$23,560
Tax year2026
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Data provided by TRREB. Listed by HARVEY KALLES REAL ESTATE LTD..

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