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
1 hour
 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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$39,201
higher than listed price
i
High
$2,216,340
Mid
$2,139,201
Low
$2,045,954
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About 506 Adelaide Street W

Located at 506 Adelaide Street W, this Toronto att/row/twnhouse is available for sale. It was listed at $2100000 in September 2026 and has 4 beds and 3 bathrooms. Situated in Toronto's Queen West neighbourhood, King West, Alexandra Park, CityPlace and Kensington Market are nearby neighbourhoods.

506 Adelaide St W, Toronto is only steps away from Jimmy's Coffee Bar for that morning caffeine fix and if you're not in the mood to cook, Forget Me Not Caf, Petty Cash and Chubby's Jamaican Kitchen are near this att/row/twnhouse. Nearby grocery options: John's Mart is a short distance away.

Living in this Queen West att/row/twnhouse is easy. There is also King St West at Portland St Bus Stop, nearby, with route King, route King, and more nearby. Residents of 506 Adelaide St W also have easy access to Gardiner Expressway, which is within a 4-minute drive getting on and off at Rees St.