This one's priced above recent comparable sales, and new this week. Here's everything I've got — ask me anything about it.
Toronto · Toronto Region · Waterfront Communities C1
506 Adelaide Street W
Att/Row/Townhouse
MLS® #C13832346
Listed for$2,100,0001 day on market
4 bed 3 bath 2 parking 2000-2500 sq ft~$933/sq ft
New this week
11 schools within 1 km
Streetcar ~170 m
Free · about 10 seconds
Is $2,100,000 a fair price?
Our read: it’s priced above recent comparable sales — based on 6 sales nearby. Sign in free to see exactly how far above it is, plus the full range comparable homes sold in.
Est. all-in monthly~$11,734/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.
Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.
Schools
Schools near this home, closest first by straight-line distance. These are factual locations — AskEmma doesn’t rate or rank schools.
ALPHA Alternative Junior SchoolPublic · Elementary · Toronto DSB0.2 km
Oasis Alternative Secondary SchoolPublic · Secondary · Toronto DSB0.2 km
St Mary Catholic SchoolCatholic · Elementary & Secondary · Toronto CDSB0.3 km
Downtown Vocal Music Academy of TorontoPublic · Elementary & Secondary · Toronto DSB0.6 km
Ryerson Community School Junior SeniorPublic · Elementary & Secondary · Toronto DSB0.6 km
Ogden Junior Public SchoolPublic · Elementary · Toronto DSB0.6 km
Locations: Open Database of Educational Facilities (ODEF), Statistics Canada v2.1 (2022) · Open Government Licence – Canada. School locations as of 2022 — confirm current catchment and enrolment with the school board. For official provincial results, check EQAO.
Getting around
Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.
Portland StreetNearest transit · Streetcar~170 m
University / Queen, Southwest EntranceNearest subway · Subway~1.2 km
Toronto Union StationNearest GO / rail · GO / regional rail~1.6 km
Source: TRREB sold data via Repliers · all property types
Neighbourhood demographics — Toronto
2,794,356Population (2021)
39.6Median age
$84,000Median household income
51.9%Home owners
48.1%Renters
2.4Avg household size
Source: Statistics Canada, 2021 Census
Description & details
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.
The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.
Listed by HARVEY KALLES REAL ESTATE LTD.. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.
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