490 Adelaide

Carlyle acquired 490 Adelaide with the vision of transforming the hundred-year-old, brick and beam warehouse into the future home of its corporate headquarters.
Historically a hub of the city’s thriving garment industry, the King West neighbourhood is now a hotspot for fine dining, nightlife, and world-class cultural institutions such as the Toronto International Film Festival. As an income-producing asset, the property was acquired as a long-term hold with the potential for future redevelopment. Well positioned between the 501 and 504 streetcar lines and steps from two future Ontario Line transit stations, its highly-accessible downtown location makes it an excellent investment.