506, Adelaide, Waterfront Communities C1, Toronto, Commercial
- 1518 SQFT
Description
Commercial Store W Apt/Office For Sale.
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.
Cross Street: Bathurst St & Adelaide St W
Key Facts
- Days on: 0 days
- Mls Status: New
- Lot Type: Lot
- Lot Width: 16.45
- Garage Type: None
- Heat Type: Gas Forced Air Closed
- Cooling: Partial
- Building Area Total: 1517 Square Feet
Location 506, Adelaide, Waterfront Communities C1, Toronto
Search by Neighbourhoods