Skip to main content
Map
1 / 18
$2,100,000
For SaleListed 26 days ago

506 Adelaide Street West, Toronto, ON M5V 1T5

Waterfront Communities C1
4
3
2,000–2,500 ft²
Listed by HARVEY KALLES REAL ESTATE LTD.

Assigned school

52% EQAO

Ryerson Community School Junior Senior

Childcare

6 centres

0.5 km closest

Area profile

42% owners

$93k median

Small-area Census counts are randomly rounded by Statistics Canada.

Explore this address →

Property Information

Property TypeAtt/Row/Townhouse
Lot Size16.45 × 85 ft
BasementUnfinished
Parking2 parking spaces · Lane
Property taxes$23,560/yr (2026)
Days on Market26 Days
Listed DateSep 26, 2026
MLS® NumberC13832346

School Catchments

Specialized program boundaries (2)

This address also falls inside these program boundaries. Placement in a specialized or French-language program is by school board application and eligibility — not by address.

School boundaries and eligibility may change. Confirm school eligibility directly with the school board.

All Toronto school catchments →

Monthly Cost

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?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)

Listing History

Event
Date
Price
Listed
Sep 26, 2026
$2,100,000

Shows activity for this MLS® listing. Prior listings and sold records appear when available.

Location

Map showing 506 Adelaide Street West, Toronto, ON M5V 1T5 inside the Ryerson Community School Junior Senior attendance boundaryView on Map

Licensed Childcare Nearby

6 licensed centres nearby · closest 497 m

Licensed Child Care Centre
Alexandra Park Early Learning & Child Care Centre
75 Augusta Square, Toronto
0.5 km
Full day
Operator: City Of Toronto
Licence #01077·Child Care Centre
Licensed Child Care Centre
Macaulay -The Well
486 Front Street, Toronto Ontario
0.5 km
Full day
Operator: Macaulay Centres For Children
Licence #63274·Child Care Centre
Licensed Child Care Centre
City Kids Early Learning & Child Care Centre
34 Bathurst Street, Toronto
0.5 km
Full day · Extended hours · Overnight
Operator: City Of Toronto
Licence #0002392·Child Care Centre
Licensed Child Care Centre
Studio 1, 2, 3 Early Learning Centre
401 Richmond Street, Toronto
0.5 km
Full day
Licence #16141·Child Care Centre
Licensed Child Care Centre
George Brown - Fashion District/Ryerson Child Care Centre
96 Denison Avenue, Toronto
0.6 km
Half day · Before & after school
Operator: George Brown College Of Applied Arts & Technology
Licence #11955·Child Care Centre
Licensed Child Care Centre
Jingbao (Downtown) Bilingual Children'S Centre (96 Denison Avenue)
96 Denison Avenue, Toronto
0.6 km
Full day
Operator: Toronto Chinese Language And Culture School Inc.
Licence #0005494·Child Care Centre

Area Checks

  • Inside a Toronto Heritage Conservation District — King-Spadina

    HCD rules restrict exterior alterations and demolition — review the district plan before planning changes.

    Source: City of Toronto — Heritage Conservation Districts · as of Sep 2026

Also checked, nothing flagged at this location: flood hazard mapping, conservation-regulated areas, provincially significant wetlands, the Greenbelt, the Oak Ridges Moraine, the Niagara Escarpment plan, areas of natural and scientific interest, rail corridors, hydro transmission corridors.

Screened against public government mapping at this home’s location — simplified boundaries, not a survey, an appraisal or a legal determination. Confirm anything that matters with the authority named.

About Waterfront Communities C1

View Waterfront Communities C1 on Market →

Area profile

A mix of owners and renters: 42% of households own and 58% rent; median household income is $93,000; 25% of households have children.

42%
Own their home
58%
Rent
$93,000
Median household income
1.5
Avg. household size
25%
Households with kids
34
Median age
More about this area
73%
University degree
33%
Newcomers (immigrants)
Age profile2,262 residents
Under 206%
20–3449%
35–6439%
65+6%

StatCan 2021 Census · the dissemination area around this home (DA 35200870). Values are randomly rounded by Statistics Canada for privacy.

Similar homes in this school area

Assigned to Ryerson Community School Junior Senior · priced within 25% of this home

Interested in this home?

Book a showing or get similar homes in this school area.

Similar homes in this school area →
DistrictIQ Inc., BrokerageMLS® data provided by PropTxUpdated Oct 2, 2026
Data sources & legal disclosures

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) and PropTx under the Internet Data Exchange (IDX) program. The information is deemed reliable but is not guaranteed accurate by TRREB, PropTx, CREA or DistrictIQ Inc., Brokerage, may not reflect the most current status, and is subject to errors, omissions, prior sale, change, or withdrawal without notice. Listings should be independently verified.

DistrictIQ Inc., Brokerage · © 2026 DistrictIQ Inc.

This website is not intended to solicit persons currently under contract with a brokerage.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. Used under licence.