Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

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Main Photo: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 1: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 2: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 3: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 4: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 5: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 6: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 7: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 8: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 9: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 10: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 11: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 12: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 13: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 14: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 15: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 16: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Photo 17: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13551984
Bus Major:
Medical/Dental
Turn-key luxury medical spa located in the heart of prestigious Yorkville on prime Avenue Road, offering wide frontage , strong signage exposure, and exceptional pedestrian visibility. Surrounded by luxury retail, upscale condominiums, and boutique hotels in one of Toronto's most affluent neighborhoods. Fully renovated (December 2025) with professionally designed interior featuring a respoke reception desk, custom millwork, LED backlit feature walls, a designer chandelier and premium lighting, and porcelain flooring-delivering a sophisticated, high-end aesthetic. Efficient workflow layout with four private glass treatment rooms, one medical supplies storage room, and one staff room. Proven profitability driven by high-margin injectables and a strong base of repeat, high-end clientele. Long-term lease in place with favorable renewal options. A rare opportunity to acquire a premium aesthetic iconic in one of Toronto's most sought-after high-traffic retail corridors.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1400 sq. ft. Square Feet
Total Area:
1,400 sq. ft.
Retail Area:
1400 sq. ft. Sq Ft
Lot Depth:
1'
Lot Frontage:
1'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Street
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$1 / 2025
Assessment:
$- / -
Toronto
Toronto C02
Annex
Yes
Please contact LA for list of chattels
None
No
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Condo Fee:
$1
Major Business Type:
Medical/Dental
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
Mon-Sat: 10-6
Employees:
5
Chattels:
Yes
LLBO:
No
Seats:
10
Date Listed:
Jul 11, 2026
Original Price:
Previous Price:
  • Photo 1: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
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  • Photo 2: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
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  • Photo 3: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
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  • Photo 4: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
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  • Photo 17: 1-2 38 Avenue Road in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C13551984
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Listed by KW Living Realty
Data was last updated July 11, 2026 at 02:15 AM (UTC)
DARYL  KING
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Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.