4
Market activity for 504 Adelaide Street
No listing history available
This is the first time this property is listed
Mixed-use investment opportunity in Toronto's King West/Fashion District. The main floor and basement provide retail commercialspace, with one residential unit on the second floor. The residential unit has been recently updated; Annual income is approximately $108,000, providing strong holding income. The property's historic character and Adelaide Street West location add long-term appeal. Potential for future multi-unit residential development subject to municipal approvals, or adaptive reuse/user occupier such as professional or medical office, dental office. Buyer to verify all income, expenses, tenancies, heritage matters and development potential. NOTE: One seller is a Registered Real Estate Saleperson. Reported square footage is estimate and to be confirmed.
18 x 14 Feet
Level: Main
Hardwood Floor, Pot Lights, Combined w/Dining
12 x 10 Feet
Level: Main
Centre Island, B/I Appliances, Quartz Counter
15 x 13 Feet
Level: Upper
5 Pc Ensuite, Walk-In Closet(s), Coffered Ceiling(s)
12 x 11 Feet
Level: Upper
3 Pc Bath, Pot Lights, Walk-In Closet(s)
11 x 10 Feet
Level: Upper
Pot Lights, Hardwood Floor
Total Tax Required
$102,950
Ontario
$51,475
Toronto
$51,475