NewSemi-detached
$2,399,000
50 Stewart Street
Waterfront Communities C1 · Toronto
4bedrooms3bathrooms2,000-2,500 ft²interior
MLS® C14109126
1 / 18
Townhouse
506 Adelaide Street W
Waterfront Communities C1 · Toronto, M5V 1T5
$2,100,000
- Beds
- 4
- Baths
- 3
- Size
- 2,000-2,500 ft²
- Type
- Townhouse
- Listed
- 30 days
- MLS®
- C13832346
About this home
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)
Property details
- MLS® number
- C13832346
- Property type
- Att/Row/Townhouse
- Style
- 3-Storey
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 2
- Interior size
- 2,000-2,500 ft²
- Lot
- 16.45 × 85 ft
- Basement
- Unfinished
- Heating
- Forced Air, Gas
- Parking
- 2 total
- Exterior
- Other
- Property taxes
- $23,560 (2026)
- Possession
- TBD
- Cross street
- Bathurst St & Adelaide St W
- Community
- Waterfront Communities C1
- City
- Toronto
Rooms
Other
29' 1" × 11' 4"
Main
Hardwood Floor, Large Window
Other
16' 2" × 7' 2"
Main
Hardwood Floor
Other
9' 4" × 8' 2"
Main
Hardwood Floor
Other
9' 7" × 13' 3"
Main
Hardwood Floor
Living Room
19' 7" × 9' 5"
Second
Combined w/Kitchen
Kitchen
16' × 7'
Second
Tile Floor, Combined w/Living, W/O To Terrace
Bedroom
14' 5" × 6' 8"
Second
Closet, Window
Bedroom
9' 4" × 9'
Second
Window
Kitchen
12' 4" × 7' 4"
Third
Tile Floor, Double Sink, Window
Bedroom
14' 5" × 7' 4"
Third
Window
Bedroom
9' 9" × 7' 4"
Third
Window
Other
28' 7" × 15'
Lower
Unfinished
Room measurements are provided by the listing brokerage, converted from metres. They are deemed reliable but not guaranteed; verify before relying on them.
Location
Waterfront Communities C1 · Toronto, near Bathurst St & Adelaide St W
506 Adelaide Street W, Toronto
Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.
Mortgage estimate
$9,298per month
$420,000 down · 4.5% · 25 years
Down payment
%
Open the full calculatorAn estimate, not a quote. Less than 20% down adds mortgage default insurance to the loan.
Toronto
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