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Commercial Property in Toronto
About 462-464-466-468 Adelaide Street East
Commercial Condo Investment For Sale! . Rare opportunity to acquire a premium investment property in the heart of Toronto's vibrant King East neighbourhood at a 5% cap rate. This fully leased, approximately 4,300 sq. ft. commercial condominium is occupied by the highly successful Huwa Beirut restaurant, offering an exceptional turnkey investment for landlords seeking stable, long-term income. The restaurant features seating for approximately 120 guests and has established itself as a popular dining destination. A strong, long-term lease is in place with an experienced and successful tenant, providing reliable cash flow and minimal management. Located on Adelaide Street East in a high-demand mixed-use corridor surrounded by residential, office, and hospitality developments, this is an outstanding opportunity to add a quality, income-producing asset to any investment portfolio. Restaurant brand is not included. Please do not go direct or speak to staff.
Toronto retail priced at $4,999,000 — book a tour to see if it fits your search.
Inside 462-464-466-468 Adelaide St E
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
462-464-466-468 Adelaide St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13560046$4,999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 462-464-466-468 Adelaide St E Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 462-464-466-468 Adelaide St E. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,334Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
How much is 462-464-466-468 Adelaide St E listed for?
462-464-466-468 Adelaide St E is listed at $4,999,000 (MLS® C13560046). Summitly updates the price as soon as the MLS® record changes.
Has the price of 462-464-466-468 Adelaide St E changed?
No — 462-464-466-468 Adelaide St E is still listed at its original asking price of $4,999,000.
How many bedrooms and bathrooms does 462-464-466-468 Adelaide St E have?
The listing for 462-464-466-468 Adelaide St E doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 462-464-466-468 Adelaide St E close to transit?
The nearest rapid-transit station is King Station (Line 1), about 1.0 km (about a 13-minute walk) in a straight line. Queen Station is about 1.0 km (about a 13-minute walk), and TMU Station is about 1.2 km (about a 15-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 462-464-466-468 Adelaide St E compare with other homes in Toronto?
Its asking price of $4,999,000 is about 495% above the median sold price in Toronto over the last 90 days, $840,000, across 9,511 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 462-464-466-468 Adelaide St E been sold before?
Summitly has no earlier MLS® sale or lease of 462-464-466-468 Adelaide St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 462-464-466-468 Adelaide St E?
462-464-466-468 Adelaide St E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 462-464-466-468 Adelaide St E been on the market?
104 days — 462-464-466-468 Adelaide St E was listed on July 14, 2026.
What is the land transfer tax on 462-464-466-468 Adelaide St E?
About $271,371 at the asking price of $4,999,000: $111,450 Ontario land transfer tax plus $159,921 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 462-464-466-468 Adelaide St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 462-464-466-468 Adelaide St E?
The listing for 462-464-466-468 Adelaide St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 462-464-466-468 Adelaide St E built?
The listing for 462-464-466-468 Adelaide St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.