Other (3.45 × 8.86)
hardwood floor · Large Window
Level: Main
506 Adelaide St
Waterfront Communities C1, Toronto, Ontario M5V 1T5
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?merolinx 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)
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- C13832346
- Board
- TRREB MLS®
- Days on market
- Tax
- $23,560
- Size
- 2000-2500 sqft
- Lot
- 16.45 × 85 Feet
- Parking
- None, 2 Parking
Listing History
Buy/Sell history for 506 Adelaide St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $2,100,000 | N/A | For Sale | C13832346 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Att/Row/Twnhouse
- Style
- 3-Storey
- Community
- Waterfront Communities C1
- Municipality
- Toronto
Inside
- Bedrooms
- 4
- Bathrooms
- 3
- Bathroom Detail
- 1, 4pc, 2nd
- Bathroom Detail
- 1, 4pc, 3rd
- Bathroom Detail
- 1, 3pc, Main
- Basement Type
- Unfinished
- Kitchens
- 2
Utilities
- Water
- Municipal
- Cooling
- None
- Heating Type
- Forced Air
Building
- Size
- 2000-2500 sqft
- Construction
- Other
Parking
- Driveway
- Lane
- Garage Type
- None
- Add. Parking
- 2
- Total Parking
- 2
Land
- Sewer
- Sewers
- Lot Size
- 16.45 × 85 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Unknown
- Roof
- Unknown
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- Existing Stove, Fridges, Furnace. One year FREE Property Management included, Ask LA for details
Rooms (12)
Other (2.18 × 4.93)
Hardwood Floor
Level: Main
Other (2.49 × 2.84)
Hardwood Floor
Level: Main
Other (4.04 × 2.92)
Hardwood Floor
Level: Main
Living (2.87 × 5.97)
Combined W/Kitchen
Level: 2nd
Kitchen (2.13 × 4.88)
Tile Floor · Combined W/Living · W/O To Terrace
Level: 2nd
Br (2.03 × 4.39)
Closet · Window
Level: 2nd
Br (2.74 × 2.84)
Window
Level: 2nd
Kitchen (2.24 × 3.76)
Tile Floor · Double Sink · Window
Level: 3rd
Br (2.24 × 4.39)
Window
Level: 3rd
Br (2.24 × 2.97)
Window
Level: 3rd
Other (4.57 × 8.71)
Unfinished
Level: Lower
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
18 records read 10 on record nearby 8 checked, none on recordRead 2026-11-04
Water and conservation
- Not in Toronto and Region Conservation Authority’s mapped regulated area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m143 test or monitoring holes also recorded.
- Groundwater recorded about 11.1 m below ground nearbyThe middle water level in the well records within 500 m (586 records). It changes with the season and from spot to spot.
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- 124 building permits issued within 250 m in the last 2 years
- 47 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.
- Nearest airport: 1.4 km
- Mapped parcel: about 1,560 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home
- Nearest rail line: 540 m
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Pearl Street Steam Plant, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Toronto Hydro-Electric System Limited
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$9,627
- Down payment$420,000
- Mortgage amount$1,680,000
- Total interest$1,208,100
- Total cost$3,308,100
Cash flow analysis
$9,627
Total monthly payment
$11,590
Break-even down payment
100%
Cash flow-$11,590
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$2,100,000
$2,100,000
CAD
Estimated market value
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