1 / 25506 ADELAIDE STREET W
Toronto (Waterfront Communities), Ontario, M5V1T5
$2,100,000
Bedrooms
4
Bathrooms
3
Parking
2
About this property
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. (id:66779)
Details
- View
- City view
- Sewer
- Sanitary sewer
- Cooling
- None
- Heating
- Forced air, Natural gas
- List aor
- Toronto
- Stories
- 3
- Basement
- Unfinished, N/A
- Utilities
- Sewer, Electricity, Cable
- Appliances
- Refrigerator, Stove
- Directions
- Bathurst St & Adelaide St W
- Fireplace
- No
- Lot features
- Lane
- Water source
- Municipal water
- Structure type
- Row / Townhouse
- Parking features
- No Garage
- Tax annual amount
- 23,559.64
- Foundation details
- Unknown
- Lot size dimensions
- 16.5 x 85 FT
- Bedrooms above grade
- 4
- Property attached
- Yes
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