1
$2,095,000
322 Adelaide Street W, Toronto, ON M5V 1R1
Waterfront Communities · C01
2,300 sf
1 months on marketMLS® C13779976
Listing courtesy of RE/MAX REALTRON REALTY INC.
1 / 27
For saleMLS® C13832474
506 Adelaide Street W, Toronto, ON M5V 1T5
Waterfront Communities · C01 · M5V 1T5
$2,100,000
$1,384 / sq ft1 months on market
- Total area
- 1,517.71 sf
- Lot
- 16.45 × 85 ft
What's special
- Partial
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/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 details
Property
- Property type
- retail
- Interior size
- 1,517.71 sq ft
- Lot size
- 16.45 × 85 ft
- Zoning
- CRE (x76)
- Possession
- TBD
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Partial
Costs
- List price
- $2,100,000
- Property taxes
- $23,560 / year (2026)
- Price per sq ft
- $1,384
- Rental items
- Hot Water Heater. One year FREE Property Management included, Ask LA for details
Listing
- MLS® number
- C13832474
- Status
- For sale
- Listed
- September 26, 2026
- Days on market
- 39
- Last updated
- October 2, 2026
- Listing brokerage
- HARVEY KALLES REAL ESTATE LTD.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 50% of comparable retail listings in Waterfront Communities are asking less.
$42KMedian $2.32M$8.79M
- This home
- $1,384 / sq ft
- Comparable median
- $903 / sq ft
Based on 18 comparable active retail listings in Waterfront Communities. These are asking prices, not sale prices.
Mortgage estimate
Down payment20.0% · minimum $420,000
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $9,289.01
- Property tax (est.)
- $1,963.30
- Estimated monthly
- $11,252
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $38,975
- Toronto municipal
- $38,975
- Total due on closing
- $77,950
An estimate on the asking price of $2,100,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HARVEY KALLES REAL ESTATE LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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Similar properties nearby
9
$1,799,000
263 Wellington Street W 101, Toronto, ON M5V 3E6
Waterfront Communities · C01
1 ba
880 sf
6 months on marketMLS® C13099402
Listing courtesy of RIGHT AT HOME REALTY