For sale 50$1,749,900
2,856 sq ft
161 Winchester Street
Cabbagetown-South St. James Town, Toronto
4 months agoMLS® C13171750
SOTHEBY'S INTERNATIONAL REALTY CANADA
$2,100,000
506 Adelaide Street West
Waterfront Communities C1, Toronto, Ontario M5V1T5
For sale· Added
1,518 sqft
About this property
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
Location
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Property details
Listing
- MLS® number
- C13832474
- Added
- Sep 26, 2026 ()
- Updated
- Oct 2, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
- Building type
- Residential Commercial Mix
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Partially air conditioned
- Fireplace
- No
Land
- Lot size
- 16.45 x 85 ft
- Zoning
- CRE (x76)
Services
- Water
- Municipal water
Location
- Cross streets
- Bathurst St & Adelaide St W
Running costs
- Annual property tax
- $23,560
$2,100,000
506 Adelaide Street West
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