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/Metrolinx 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) 2nd floor vaanting Novmeber 14th 2026
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
1518 sq. ft. Square Feet
Total Area:
1,517.71 sq. ft.141 m2
Retail Area:
0 sq. ft. Sq Ft
Office/Apt Area:
1518 sq. ft. Sq Ft
Lot Depth:
85'25.9 m
Lot Frontage:
16'5"5.01 m
Water supply:
Municipal
Zoning:
CRE (x76)
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$23,559.64 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Waterfront Communities C1
No
Hot Water Heater. One year FREE Property Management included, Ask LA for details
Existing Stove, Fridges, Furnace. One year FREE Property Management included, Ask LA for details
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