506 Adelaide Street W, Toronto

Queen West, Downtown, Toronto

506 Adelaide Street W
506 Adelaide Street W
506 Adelaide Street W
+24
4
 bed
3
 bath
2
 parking
2000 - 2500
 sqft
Att/Row/Twnhouse
$2,100,000
For Sale
7 hours
 on site
$2,100,000
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Size
-
Lot size
1517 sqft
Street frontage
-
Possession
Immediate
Price per sqft
$840 - $1,050
Taxes
$23,559.64 (2026)
Parking Type
-
Style
3-Storey
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Description
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.
Broker: HARVEY KALLES REAL ESTATE LTD.
MLS®#: C13832346
Property details
Parking:
2
Parking type:
-
Property type:
Att/Row/Twnhouse
Heating type:
Forced Air
Style:
3-Storey
MLS Size:
2000-2500 sqft
Lot front:
16 Ft
Lot depth:
85 Ft
Listed on:
Sep 26, 2026
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Instant estimate:
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$34,406
higher than listed price
i
High
$2,211,372
Mid
$2,134,406
Low
$2,041,368
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About 506 Adelaide Street W

506 Adelaide Street W is a Toronto att/row/twnhouse for sale. 506 Adelaide Street W has an asking price of $2100000, and has been on the market since September 2026. This att/row/twnhouse has 4 beds, 3 bathrooms and is 2000-2500 sqft. Situated in Toronto's Queen West neighbourhood, King West, Alexandra Park, CityPlace and Kensington Market are nearby neighbourhoods.

There are a lot of great restaurants around 506 Adelaide St W, Toronto. If you can't start your day without caffeine fear not, your nearby choices include Jimmy's Coffee Bar. Nearby grocery options: John's Mart is nearby.

For those residents of 506 Adelaide St W, Toronto without a car, you can get around quite easily. The closest transit stop is a Bus Stop (King St West at Portland St) and is a short walk connecting you to Toronto's public transit service. It also has route King, route King, and more nearby. For drivers, the closest highway is Gardiner Expressway and is within a 4-minute drive from 506 Adelaide St W, making it easier to get into and out of the city using Rees St ramps.