506 Adelaide Street W • Toronto, ON photo 1
506 Adelaide Street W • Toronto, ON photo 2
506 Adelaide Street W • Toronto, ON photo 3
506 Adelaide Street W • Toronto, ON photo 4
506 Adelaide Street W • Toronto, ON photo 5
506 Adelaide Street W • Toronto, ON photo 6
506 Adelaide Street W • Toronto, ON photo 7
506 Adelaide Street W • Toronto, ON photo 8
506 Adelaide Street W • Toronto, ON photo 9
506 Adelaide Street W • Toronto, ON photo 10
506 Adelaide Street W • Toronto, ON photo 11
506 Adelaide Street W • Toronto, ON photo 12
506 Adelaide Street W • Toronto, ON photo 13
506 Adelaide Street W • Toronto, ON photo 14
506 Adelaide Street W • Toronto, ON photo 15
506 Adelaide Street W • Toronto, ON photo 16
506 Adelaide Street W • Toronto, ON photo 17
506 Adelaide Street W • Toronto, ON photo 18
506 Adelaide Street W • Toronto, ON photo 19
506 Adelaide Street W • Toronto, ON photo 20
506 Adelaide Street W • Toronto, ON photo 21
506 Adelaide Street W • Toronto, ON photo 22
506 Adelaide Street W • Toronto, ON photo 23
506 Adelaide Street W • Toronto, ON photo 24
506 Adelaide Street W • Toronto, ON photo 25
506 Adelaide Street W • Toronto, ON photo 26
506 Adelaide Street W • Toronto, ON photo 27
New1 / 27
$2,100,000
506 Adelaide Street W • Toronto, ONNew
Courtesy of HARVEY KALLES REAL ESTATE LTD.
4
Bedrooms
3
Bathrooms
2000-2500
Square feet
2
Parking

About this home

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 and municipal approvals. Buyer to verify all income, expenses, tenancies, heritage matters and development potential.

Property details

Property type
Att/Row/Townhouse
Style
3-Storey
Total rooms
10
Lot size
16.45 × 85 ft
Property taxes
$23,559.64 (2026)
Occupancy
TBD
Days on market
1
Status
Active
MLS®

Property history

Recently sold nearby

Listing data last updated: Sep 26, 2026, 3:34 p.m. EDT via TRREB IDX.

First listed: Sep 26, 2026, 3:34 p.m. EDT.