506 Adelaide Street W, Toronto C01

$2,100,000
506 Adelaide Street W

$2,100,000

New
28d
Store W Apt/Office

506 Adelaide Street W, Toronto C01

Total Monthly Obligation $10,634

Beds
0
Baths
0
Park
0
DOM
28d
Property Type-Store W Apt/Office
MLS® Number-C13832474
Beds-0
Lot Size-16.45 × 85 ft
Listed on site-Sep 25, 2026
Building Type-Store W Apt/Office
Taxes-$23,559.64 (2026)
Parking-None
Heating-Gas Forced Air Closed
Brokerage-HARVEY KALLES REAL ESTATE LTD.
Cooling-Partial
Fireplace-No
Pool-None
Possession-TBD
Neighbourhood-Waterfront Communities C1
Title-Commercial

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/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

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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

$10,634/mo
Mortgage $8,471
Monthly Loss $8,405
Principal$2,229
Interest$6,242
Property Tax$1,963
Home Insurance$50
Variable Costs$150

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

Comparables

Properties near 506 Adelaide Street W

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