303 - 487 Adelaide St W, Toronto, ON

📍 Location: King-Spadina (Wellington Place), one of Toronto’s core creative/tech districts 🏗️ Built: 1951 🧱 Style: Art Deco–influenced industrial/commercial 🏛️ Status: Listed on Toronto’s Heritage Register and part of the King-Spadina Heritage Conservation District 🏢 Scale: Low-rise (2-storey) commercial building It’s a classic “brick-and-beam” style structure typical of converted industrial spaces in the area—think exposed brick, wood floors, and open layouts. 🧩 Current Use & Tenants The building is multi-tenant commercial, with a mix of creative, hospitality, and service uses: 🍽️ Petty Cash – a casual bar/restaurant with pool tables and a nightlife vibe 🧘 Spark Pilates – boutique reformer Pilates studio on an upper floor 🎬 Visual effects / media firms (e.g. Pixray VFX) 🧠 Agencies, production companies, and small offices (typical King-Spadina tenant mix) 🎓 Education / training space (e.g. language school suites) This reflects the broader neighbourhood trend: creative + hospitality + boutique fitness + office. 🏙️ Real Estate / Space Characteristics Typical units in the building offer: Brick & beam interiors ~10 ft ceilings Hardwood floors Open-plan or flexible layouts Smaller floor plates (boutique office feel) Example: A second-floor unit was marketed as open-concept office space with kitchenette and exposed ceilings 📊 Positioning in Toronto 487 Adelaide sits in one of Toronto’s most desirable commercial submarkets: Steps from King Street West (restaurants, nightlife) Surrounded by creative agencies, tech firms, production companies Strong appeal for: Media / film Design studios Boutique fitness Hospitality operators