506 Adelaide Street W, Toronto C01

$2,100,000
506 Adelaide Street W

$2,100,000

New
28d
Att/Row/Townhouse3-Storey

506 Adelaide Street W, Toronto C01

Total Monthly Obligation $10,809

HausQ Valuation Report
Beds
4
Baths
3
Park
2
Sqft
2000-2500
DOM
28d
Score
15
Yield
4.1%
Cash on Cash
-8.2%
Cap Rate
2.8%
5Y IRR
9.1%
10Y IRR
9.5%
Property Type-Att/Row/Townhouse
MLS® Number-C13832346
Beds-4
Bathrooms-3
Size-2000-2500 sqft
Lot Size-16.45 × 85 ft
Listed on site-Sep 25, 2026
Style-3-Storey
Building Type-Att/Row/Townhouse
Taxes-$23,559.64 (2026)
Parking-2 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Other
Roof-Unknown
Foundation-Unknown
Sewer-Sewer
Possession-TBD
Neighbourhood-Waterfront Communities C1
Title-Residential Freehold

No agent assigned

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)

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$1,680,000
Land Transfer Taxes$38,975
Legal Fees (Est.)
$
Total cash required for closing$460,475

Total Monthly Obligation

$10,809/mo
Mortgage $8,471
Monthly Loss $8,580
Principal$2,229
Interest$6,242
Property Tax$1,963
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.4%0
5-Year IRR
6.7%17
10-Year IRR
8.0%
Returns Index
9.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
15/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$86,808/yr
NOI
$50,068/yr
Net Cash Flow
-$4,299/mo
Cash Margin
-59.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.495
LTV Ratio
80.0%18
Vacancy Buffer
0.9 mo16
Risk Index
12.8/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 506 Adelaide Street W

Time

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Data last updated within the past 24 hours.