For Sale: 506 Adelaide Street W, Toronto, ON M5V 1T5, Toronto C01, ON
November 6, 2026For Sale: 33 University Avenue 1203, Toronto, ON M5J 2S7, Toronto C01, ON
November 6, 2026Key facts
Monthly payment estimate
Illustration only, using the rate shown — enter your own lender quote to compare. Not a mortgage offer or advice.
About this unit
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
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Listed by: HARVEY KALLES REAL ESTATE LTD., Brokerage
Listing information provided by the Toronto Regional Real Estate Board (TRREB) MLS® System via PropTx. Information is believed to be accurate but is not guaranteed. MLS®, REALTOR® and the associated logos are trademarks of the Canadian Real Estate Association.
