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?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)

Features & finishes

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Basement

Property details

MLS® Number	C13832346
Status	Active
Listing Type	For Sale
Property Type	Townhouse
Interior Size	2,000 sq ft
Lot Size	1,518 sq ft
Beds / Baths	4 bed · 3 bath
Property Taxes (2026)	$23,560
Neighbourhood	Waterfront Communities C1
City	Downtown Toronto / Waterfront
Postal Code	M5V 1T5
Province	ON
Listed Date	September 26, 2026
Days on Market	26
Price per Sq Ft	$1,050
Brokerage	HARVEY KALLES REAL ESTATE LTD.