Space
Finished area and layout
- Building Area
- 1,518 sqft
- Bedrooms
- 4
- Bathrooms
- 3
+13 more
4
Bedrooms
3
Bathrooms
1,518 sqft
Building Area
16.45 x 85 FT
Lot
2
Parking
Property Snapshot
Key details for this listing
MLS #C13832346
Property
Type, style and structure
- Type
- commercial
- Style
- store w apt/office / Mixed Use
- Ownership
- Freehold
- Stories
About This Property
This 4-bedroom, 3-bathroom store w apt/office in Toronto offers 1,518 sqft of building area on a 16.45 x 85 FT lot. 3 storeys. The property has zoned CRE (x76). The home features partial.
MLS Remarks
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?merolinx 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) (id:60351)
Full Listing Details
Address506 Adelaide Street W, Toronto, ON M5V 1T5
MLS#C13832346
Listing StatusActive
Property TypeCommercial
Sub-TypeStore w apt/office
TransactionSale
List DateSep 25, 2026
Days on Market24
Common InterestFreehold
Annual Tax$23,560 (2026)
Parking2
Structure TypeResidential Commercial Mix
AttachedAttached
StyleMixed Use
Bedrooms4
Bathrooms3
Bedrooms Above Grade4
Living Area1,518 sqft
Kitchens2
Stories3
CityToronto
ProvinceOn
Postal CodeM5V 1T5
Lot Size1,518 sqft
Lot Dimensions16.45 x 85 FT
Frontage16.5 feet
ZoningCRE (x76)
Zoning DetailsCRE (x76)
Total Parking2
CoolingPartial
SecurityNo
UtilitiesAvailable
Annual Tax$23,560 (2026)
Bathurst St & Adelaide St W
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