For Sale: 506 Adelaide Street W, Toronto, ON - REW
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$2,100,000
4 bd • 3 ba • 2000 - 2500 sf • Townhouse
506 Adelaide Street W
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$2,100,000
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506 W Adelaide StreetToronto, ON, M5V 1T5

Waterfront Communities West
  • 4 Bed
  • 3 Bath
  • 2000 - 2500 Sqft
  • Townhouse

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.
Listed by: Errol Paulicpulle, Salesperson, HARVEY KALLES REAL ESTATE LTD.

Home facts and features

Price details
List Price
$2,100,000
Get Pre-Approved
Gross Taxes for 2026
$23,560
Home facts
Bedrooms
4
Full Bathrooms
3
Parking Spaces
2
Parking Details
Lane
Property Type
Townhouse
Exterior Finish
Other
Heating Type
Forced Air, Gas
Basement Details
Unfinished
Features
Library, Park, Public Transit, School
Community
Agent details
Primary Agent
Primary Broker
HARVEY KALLES REAL ESTATE LTD.
Secondary Agent
Lesia Szewczuk
Secondary Broker
HARVEY KALLES REAL ESTATE LTD.
Listing details
Days on REW
1 Day
MLS® Number
C13832346
Source
Toronto Real Estate Board
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Purchase Price
Mortgage Total
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Mary Catholic School
  • Catholic
  • JK - 8
Discovering Minds Montessori Preschool I
  • Private
  • Pre-K - K
Ryerson Community School
  • Public
  • JK - 8
Niagara Street Junior Public School
  • Public
  • JK - 6
Ogden Junior Public School
  • Public
  • JK - 6
Charles G Fraser Public School
  • Public
  • JK - 6
The Waterfront School
  • Public
  • JK - 8
City School
  • Public
  • 9 - 12
Heydon Park Secondary School
  • Public
  • 9 - 12
Beverley School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-09-26.
Call Agent
Salesperson
Errol Paulicpulle
Phone:
416-930-9857
Office:
416-441-2888
Salesperson
Lesia Szewczuk
Phone:
(416) 441-2888
Office:
416-441-2888
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