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 5487 Dundas Street W
Islington-City Centre West Toronto M9B 1B5

$198,000 /For Sale
Commercial

Main Photo: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
Photo 1: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
Photo 2: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
Photo 3: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
Photo 4: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
Photo 5: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
Photo 6: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
Photo 7: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
Photo 8: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13470852
Bus Major:
Restaurant
LONZO'S IS A WELL ESTABLISHED PROFITABLE FRANCHISE RESTAURANT FOR SALE, IDEALLY LOCATED IN A HIGH TRAFFIC AREA AT THE CORNER OF DUNDAS/ SHORNCLIFFE ROAD. THE BUSINESS BENEFITS FROM EXCELLENT VISIBILITY AND STEADY CUSTOMER FLOW, WITH CLOSE PROXIMITY TO THE SUBWAY AND NUMEROUS CONDOMINIUM BUILDINGS. THE RESTAURANT GENERATED APPROXIMATELY $500,000.00 IN SALES FOR 2025!! AND ACHIEVED A NET PROFIT OF APPROXIAMATELY $90,000.00. THE OPERATION OD CURRENTLY SUPPORTED BY FOUR EMPLOYEES, AND A LONGTERM LEASE IS IN PLACE, OFFERING STABILITY AND PEACE OF MIND FOR A NEW COMER. THIS IS AN EXCELLENT OPPORTUNITY FOR AFAMILY RUN BUSINESS. AN OWNER OPERATOR, OR AN INVESTOR LOOKING TO ENTER OR EXPAND WITHIN THE RESTAURANT INDUSTRY. FINANCIAL FIGURES ARE PROVIDED BY THE SELLER AND SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
6-15
Total Area:
750 sq. ft. Square Feet
Total Area:
750 sq. ft.
Retail Area:
750 sq. ft. Sq Ft
Lot Depth:
18'
Lot Frontage:
12'
Water supply:
Municipal
Zoning:
Restaurant, Retail
Heating type:
Baseboard
Garage:
None
Possession Details:
IMMEDIATE
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto W08
Islington-City Centre West
ALL CHATTELS, ALL ELFS, ALL FIXTURES
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
10
Employees:
4
Chattels:
Yes
LLBO:
No
Seats:
15
Date Listed:
Jun 20, 2026
Original Price:
Previous Price:
  • Photo 1: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
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  • Photo 2: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
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  • Photo 3: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
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  • Photo 4: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
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  • Photo 5: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
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  • Photo 6: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
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  • Photo 7: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
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  • Photo 8: 1 5487 Dundas Street W in Toronto: Islington-City Centre West Commercial for sale (Toronto W08)  : MLS®# W13470852
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Listed by PONTIS REALTY INC.
Data was last updated June 20, 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.