422 Adelaide Street W Second Floor
Waterfront Communities C1, Toronto, M5V 1S7
$45/mo
Listed 21 days ago · MLS® C13836230
About this home
Rare freestanding 3-level commercial building in the heart of King West, steps from King & Spadina - Second Floor for lease. 2,274 SF total. Street-level entrance and signage exposure on Adelaide St W, large windows, hardwood floors, high clear height, LED lighting and private washroom. Opportunity to lease one floor, blend two floors or the full building all together, totaling to 6,822 square feet. CRE zoning permits restaurant/hospitality, retail/showroom, wellness, fitness or office/creative users seeking their own building and brand presence. Surrounded by top restaurants, hotels and fitness studios, 504 King & 510 Spadina streetcars at the corner, and Whole Foods coming to King Toronto.
Details
- Type
- Commercial Retail
- Lot
- 52.25 × 87.47 ft
- Garage
- None
- Property tax
- $25 (2026)
- Neighbourhood
- Waterfront Communities C1
- Municipality
- Toronto C01
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Building area
- 2,274 Square Feet
Rental terms
- Minimum term
- 36 months
More
- Possession
- Immediate
- Cross street
- Spadina Ave & Adelaide St W
Location
Location is approximate. See nearby homes on the map
The neighbourhood
Getting around Very walkable
- 🚇 Osgoode Subway15 min walk
- 🚇 St. Andrew Subway16 min walk
- 🚆 Toronto Union Station GO1.4 km
Within a 10-minute walk: 23 grocery stores, 432 cafés and restaurants, 21 parks, 21 pharmacies. Nearest grocery: Fresh Picked Fresh Produce & Flowers (250 m). Nearest park: St. Andrew's Playground (150 m).
Schools nearby
Elementary
- ALPHA Alternative Junior School2 min walk
- Ogden Junior Public School
EQAO: Gr 6 reading 77%, math 53%6 min walk - St. Mary Catholic School Catholic
EQAO: Gr 6 reading 100%, math 38%10 min walk - Ryerson Community School
EQAO: Gr 6 reading 65%, math 26%10 min walk
Secondary
- Oasis Alternative Secondary School2 min walk
- Downtown Vocal Music Academy of Toronto Private10 min walk
- Heydon Park Secondary School
EQAO: Gr 9 math 8%15 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 47 active
-
489 KING ST W · 200 mPlan of Condominium · Under Review · applied 2025Draft Plan of Standard Condominium for 439 units.Application details
-
445 ADELAIDE ST W · 200 mOfficial Plan / Zoning By-law Amendment · Appeal Received · applied 2025Zoning By-law Amendment for a 17-storey (59.65m including mechanical penthouse) hotel containing 144 suites.Application details
-
111 PETER ST · 400 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2024Zoning By-law Amendment for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852…Application details
-
111 PETER ST · 400 mSite Plan · Under Review · applied 2024Site Plan Approval for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852…Application details
-
71 PORTLAND ST · 350 mSite Plan · Under Review · applied 2024Proposed mixed-use building containing 1,058 units, 23-storey and 27-storey towers atop a nine-storey base building.Application details
-
71 PORTLAND ST · 350 mSite Plan · Under Review · applied 2024Proposed 40-storey, 123 metre, mixed-use building containing 413 residential units.Application details
57 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 250 m
- 🚧 King West GO Transit500 m
- 🚧 Osgoode 950 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.
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.
4 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
49 City street trees within 100 m, mostly honeys. That’s about 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 Nucorp Realty International.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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