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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1-3 3355 Steeles Avenue E
Hillcrest Village Toronto M2H 3S8

$549,000 /For Sale
Commercial

Main Photo: 1-3 3355 Steeles Avenue E in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13607316
Photo 1: 1-3 3355 Steeles Avenue E in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13607316
Photo 2: 1-3 3355 Steeles Avenue E in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13607316
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13607316
Bus Major:
Restaurant
Rare Find 3,742 Sf Restaurant Business For Sale On Steeles/Victoria Park With $$$ Fully Equipped Kitchen Including 5 Heavy Duty AC, Exhaust Hood, Walk In Cooler/Freezer, Fish Tank ....Ample Indoor /Outdoor Parkings. $46/sf Net Rent/Total Is $27,019.34 Per Month Including Operating Expense Approx $6,067/Mth & Realty Tax Aprox $4,167/Mth & Pylon Sign $200/Mth + HST. Ten (10 ) Years Lease & Now On Its 6th Year With Option To Renew.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Approx. Age:
0-5
Total Area:
3742 sq. ft. Square Feet
Total Area:
3,742 sq. ft.
Retail Area:
3650 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
5.0
Water supply:
Municipal
Zoning:
Restaurant
Heating type:
Gas Forced Air Open
Clear Height:
18'
Survey Available:
No
Garage:
Public
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
Yes
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C15
Hillcrest Village
Major Highway, Public Transit
Partial
Hot Water Tank, Alarm System & Washroom Equipment.
As Per List Of Chattels Provided Upon Accepted Conditional Offer With All Built In Trade Fixtures Including Fish Tank, Exhaust Hood, Walk In Freezer, 5 Air Conditionings. ( 3x7Tons, 1x20 Tons, 1x3Ton ).
As Per List Of Chattels.
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Financial Statements:
No
Condo Fee:
$0
Expenses Actual/Estimated:
Estimated
Insurance Expenses:
$0
Management Expenses:
$0
Tax Expenses:
$0
Year Expenses:
2026
Property Management Company:
Steelestech
Business/Building Name:
Bazhen Hotpot
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11-9pm
Employees:
10
Chattels:
Yes
LLBO:
Yes
Outside Storage:
No
Seats:
130
Number of Grade Level Shipping Doors:
1
Height of Truck Level Shipping Doors:
8'
Date Listed:
Jul 27, 2026
Original Price:
Previous Price:
  • Photo 1: 1-3 3355 Steeles Avenue E in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13607316
    Photo 1 of 2
  • Photo 2: 1-3 3355 Steeles Avenue E in Toronto: Hillcrest Village Commercial for sale (Toronto C15)  : MLS®# C13607316
    Photo 2 of 2
Listed by RE/MAX REALTRON REALTY INC.
Data was last updated July 27, 2026 at 02:15 PM (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.