Waterfront Communities Condos For Sale
View the MLS listings from brokers participating in the National Shared Pool of listings for houses, single-family detached homes, properties and real estate for sale in the Waterfront Communities area of Toronto, ON. Not all Waterfront Communities properties are displayed as some brokers do not participate so call us at 416-222-0025 for a complete list or to view any of these listings.Listing Details
Return to Search Result506 ADELAIDE STREET W - MLS® # C13832346
Property Details
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) (id:2469)
Features
Lane
Amenities
Park, Public Transit, Schools
Listing Provided By
HARVEY KALLES REAL ESTATE LTD.
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- Doriana Zohil-Morton, Broker of Record/Owner
- 416-222-0025
- 416-222-0025
- 1-877-239-0025
- dorizohil@macsuites.ca
- MAC Real Estate Services Inc., Brokerage
- 9 Hyde Park Circle
- Toronto, ON
- M3B 3N4