For Sale

462 Adelaide Street, Toronto C08, Ontario M5A 1N4

$0

462 Adelaide Street, Toronto C08, Ontario M5A 1N4 is For Sale and has a listing price of 4,999,900. The property is located in the Toronto C08 . It's been on the website for 1 Day.

  • Investment
    Property Type
  • MLS ID: C12049089
  • Office Name HOMELIFE/ROMANO REALTY LTD.
Property Description

Secure an address on Adelaide Street ! This is your opportunity to acquire 4300 sqft of commercial condo space with over 130 ft of frontage in one of Toronto’s most sought-after and rapidly developing areas! Complemented by a massive patio with seating for 50+ people, making the possibilities endless. Strategically positioned beneath Axiom Condos, a modern 21-story residential tower with 527 units, and directly across from the highly anticipated EQ Bank Tower, a 24-story 450,000 sqft office building, this property offers exceptional visibility and access to a growing customer base. Conveniently located 250 meters from the future Corktown Subway Station, and only 300 meters from George Brown College’s downtown campus. The area is experiencing substantial growth, with over 12,000 residential units either under construction or in pre-construction phases, ensuring a steady influx of potential customers and tenants. This makes it the ideal investment opportunity for any investor looking to enhance their real estate portfolio. Currently tenanted by a restaurant/lounge with a strong lease in place. Attractive zoning allows for a wide range of uses, making the space ideal for various businesses, including financial institutions, medical uses, retail stores, offices, veterinary clinics, places of worship, service shops, and educational uses such as private schools or daycares. With its unbeatable location and diverse zoning options, this property presents a fantastic investment opportunity in one of Toronto’s fastest-growing neighbourhoods.

Property Details
  • MLS ID: C12049089
  • Price: $4,999,900
  • Lot Depth: N/A
  • Transaction Types: For Sale
  • Ref ID: C12049089
  • Year Built: N/A
  • Dir / Cross St: Adelaide St E / Ontario St
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 6-15
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/29/2025 C12049089 $4,999,900 For Sale - -
03/28/2025 C12048775 $4,999,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C08
  • $828,146 Average List Price
    based on 1 year
  • 249 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 308.59 % Up
  • Sold (12mo) 348
  • Rented (12mo) 855

  • 1 Month Change +244.2%
  • 3 Month Change +111.8%
  • 6 Month Change +238.6%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Underground
  • Parking Spaces: 2
  • Taxes: $36,677
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: FLEXIBLE
  • Listing Entry Date: 29/03/2025 04:12:55
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