For Sale, CAD 2,100,000
506 Adelaide Street West, Toronto, ON, M5V 1T5, Canada, Toronto, Ontario, Canada
Property Type : Residential Lot
Property Style : N/A
Build Size : N/A
Land Size : 1,517 ft² / 141 m² Convert Land Size
Bedroom : 4
Bathroom : 3
Half Bathroom : 0
MLS#: N/A
Property 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. One year FREE property management included, Ask LA for details. NOTE: One seller is a Registered Real Estate Salesperson. 2421 square feet (2949 including basement)
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506 Adelaide Street West, Toronto, ON, M5V 1T5, Canada, Canada,Ontario,Toronto is a Toronto luxury Residential Lot listed for sale CAD 2,100,000. This high end Toronto Residential Lot is comprised of 4 bedrooms and 3 baths. Find more luxury properties in Toronto or search for luxury properties for sale in Toronto.