From the City's report regarding the inclusion of this property on the Heritage Registry:
"The property at 506 Eglinton Avenue West has cultural heritage value for the design of the commercial buildings as representative examples of “Main Street Rows” identified by the two-storey scale, the glazed commercial storefronts with residential or commercial units in the upper floor, and the distinctive Spanish Revival styling popular during the interwar era in North Toronto. The buildings are distinguished by characteristic tiled roof, as well as the towers with stepped parapets that separate and flank the two buildings and contribute to their high visibility on the street.

Contextually, the property at 506 Eglinton Avenue West is valued for the role of the commercial buildings in defining, supporting and maintaining the historical mid-rise streetscape character of the thoroughfare west of Yonge Street as a prominent “Main Street” in North Toronto. The buildings at 506 Eglinton Avenue West are historically, visually and physically linked to their setting on the north side of the street as part of a contiguous row of commercial buildings with a shared setback in the block between Castle Knock Road and Heddington Avenue."