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
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
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$2,100,000
$2,100,000
CAD
Estimated market value
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