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Front of 506 Adelaide Street W

506 Adelaide Street W

Toronto (Waterfront Communities)
For SaleAttention Investors
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Ontario Real Estate › Toronto › Waterfront Communities
Front of 506 Adelaide Street W

506 Adelaide Street W

Toronto (Waterfront Communities)
For SaleAttention Investors
See all 27 photos
Freehold TownhouseMLS C13832346
Listed for:Listed 5 weeks ago
$2,100,000
Estimated Rebate:$21,000Cashback
4 Bedrooms
3 Bathrooms
2K~2.5K Sq.Ft.
16.45 x 85 ft Lot
$23,560 Tax/yr
Nima Mirderrickvand
Nima Mirderrickvand

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About this home

506 Adelaide Street W, Toronto

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)

OtherCityLibraryParkPublic TransitSchool

Facts & features

TypeFreehold Townhouse
Style3-storey
Size2K~2.5K Sq.Ft.
Lot16.45 x 85 ft
Tax$23,560 (2026)
HeatingForced air, gas
BasementUnfinished
Parking2 drive
WaterMunicipal

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Rooms

12 rooms · 3 bathrooms
Main floor4 rooms
  • Other29′1″ × 11′4″329 sq.ft.
  • Other16′2″ × 7′2″116 sq.ft.
  • Other9′4″ × 8′2″76 sq.ft.
  • Other9′7″ × 13′3″127 sq.ft.
Second floor4 rooms
  • Kitchen16′ × 7′112 sq.ft.
  • Bedroom14′5″ × 6′8″96 sq.ft.
  • Living room19′7″ × 9′5″184 sq.ft.
  • Bedroom9′4″ × 9′84 sq.ft.
Third floor3 rooms
  • Bedroom14′5″ × 7′4″106 sq.ft.
  • Bedroom9′9″ × 7′4″72 sq.ft.
  • Kitchen12′4″ × 7′4″91 sq.ft.
Lower level1 room
  • Other28′7″ × 15′428 sq.ft.
Bathrooms3
4-pcSecond4-pcThird3-pcMain

Around this home

Bathurst St & Adelaide St W
10Walking

Schools nearby

School rating, out of 10.

St Maryelementary · Private · 0.3 km
5.7/10
Ryersonelementary · Public · 0.6 km
3.8/10
Niagara Streetelementary · Public · 0.6 km
7.4/10

Listing details

MLS® numberC13832346
Listed onSep 25, 2026
Days on market35
UpdatedOct 2, 2026
Listing brokerageHARVEY KALLES REAL ESTATE LTD.
PossessionImmediate

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© 2026 HOMEH Inc., Brokerage · RECO Registration #6000380 · 505 Highway 7 East, Units 308 & 309, Thornhill, ON L3T 7T1 · Listing data courtesy of the MLS® System of the listing brokerage, deemed reliable but not guaranteed.

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HOMEH is operated by HOMEH Inc., a licensed Ontario real estate brokerage regulated by the Real Estate Council of Ontario (RECO) under the Trust in Real Estate Services Act, 2002 (TRESA). Under TRESA, consumers are entitled to the RECO Information Guide before entering into a representation agreement. Broker of Record Licence #5034208. Toronto Regional Real Estate Board Member #20004000.

Cashback Rebate. Paid by HOMEH Inc., Brokerage from the commission it receives, on closing, to eligible buyers who came to HOMEH as HOMEH leads. Subject to the buyer representation agreement, lender approval and legal limits; amounts vary with price, commission received and transaction type. Not a government incentive, tax credit or refund. Full terms and conditions apply.

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