322 Adelaide Street W
Waterfront Communities C1, Toronto, M5V 1R1
$2,095,000
Listed 36 days ago · MLS® C13779976
About this home
Prime commercial retail building available for purchase in the Downtown Entertainment District. Two & a half-storey brick building with two excellent long term tenants & stable holding income. Ground floor retail tenant & second floor plus loft residential tenant. Great location steps to St Andrew TTC subway & easy access to Queen St 501 & King St 504 streetcars. Surrounded by top restaurants & potential future redevelopment. See floor plans, and survey.
Details
- Type
- Commercial Retail
- Lot
- 19 × 88 ft
- Garage
- None
- Property tax
- $33,723 (2026)
- Neighbourhood
- Waterfront Communities C1
- Municipality
- Toronto C01
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Utilities
- Yes
Building and exterior
- Building area
- 2,300 Square Feet
More
- Possession
- Flexible
- Cross street
- ADELAIDE ST W/PETER ST
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Osgoode Subway9 min walk
- 🚇 St. Andrew Subway9 min walk
- 🚆 Toronto Union Station GO16 min walk
Within a 10-minute walk: 20 grocery stores, 496 cafés and restaurants, 22 parks, 21 pharmacies. Nearest grocery: Independent CityMarket (100 m). Nearest park: Robert Grasett Park (50 m).
Schools nearby
Elementary
- Ogden Junior Public School
EQAO: Gr 6 reading 77%, math 53%6 min walk - ALPHA Alternative Junior School8 min walk
- Cornerstone Preparatory School Private14 min walk
- Jean Lumb Public School
EQAO: Gr 6 reading 93%, math 65%14 min walk
Secondary
- Oasis Alternative Secondary School9 min walk
- Contact Alternative School11 min walk
- Heydon Park Secondary School
EQAO: Gr 9 math 8%13 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M5V
- Owners / renters
- 42% / 58%
- Median household income
- $91,000
- Average age
- 35
- Children under 15
- 6%
- Homes
- 0% detached, 97% high-rise
- Commute by transit
- 23%
- Population
- 59,912
Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 1%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Wellington Place (2025): 31% above the Toronto average, down 8% from the year before.
- Assault52% above average
- Break and enter55% above average
- Auto theft57% below average
- Robberyabout average
- Theft from vehiclesabout average
- Shootings30% above average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 62 active
-
17 ST PATRICK ST · 450 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2026Proposed development for the Canada Life Campus include: Retention of the existing office buildings with minor alterations at 330 University Avenue, 180 Simcoe…Application details
-
156 JOHN ST · 200 mSite Plan · Application Received · applied 2026Proposed change of use from office to a hotel occupancy with ground floor modifications.Application details
-
50 STEPHANIE ST · 400 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2025Combined Official Plan & Zoning By-law Amendment for an 11-storey purpose-built rental residential building atop a 3-storey podium. The proposed development…Application details
-
276 KING ST W · 250 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2025OPA and rezoning for amendments to modify the performance standards applicable to the mixed-use building to be located at 274-284 King Street West on the West…Application details
-
315 FRONT ST W · 500 mSite Plan · Under Review · applied 2025Site Plan Approval Application for Phase 1 of a three phase development at 315-325 Front Street West. The Phase 1 site plan includes two primarily residential…Application details
-
55 JOHN ST · 300 mSite Plan · NOAC Issued · applied 2025Site Plan Approval for the relocation of Toronto Fire and Emergency Service Station 332 to the south side of Metro Hall.Application details
68 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 1 km. Transit times · Driving times
Coming transit
- 🚧 Chinatown 400 m
- 🚧 Osgoode 550 m
- 🚧 King West GO Transit900 m
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CRE
Commercial Residential Employment (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Heritage Protected
This address is on Toronto’s Heritage Register: Heritage Conservation District (Part V) (2024). Changes to the outside (and sometimes inside) usually need a heritage permit, and demolition is restricted.
Building permits
No building permits at this address since 2014.
33 permits on this block of the street in the last 2 years.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
28 City street trees within 100 m, mostly elms. That’s fewer than the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX REALTRON REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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