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MLS® C13832474
King West, Toronto, ON
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
Inclusions
Existing Stove, Fridges, Furnace. One year FREE Property Management included, Ask LA for details
Exclusions
All Of Tenants Belongings
Broker
HARVEY KALLES REAL ESTATE LTD.
Neighbourhood
King West
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Store W Apt/Office
506 Adelaide Street W Toronto
King West
Type
Store W Apt/Office
Parking
None
Property Tax
~$23,560/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
1518 sqft
Parking
None
Finances
List Price
$2,100,000
Price per SQFT
$1,383/sqft
Property Tax
~$23,560/yr
Property Specs
Property Type
Store W Apt/Office
MLS Size
1518 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
King West
Listed On
Sep 25, 2026
Days on Market
Current: 43 days
Room information is not available for this listing.
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