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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103 321 Carlaw Avenue
South Riverdale Toronto M4M 2S1

$1,225,000 /For Sale
Commercial

Main Photo: 103 321 Carlaw Avenue in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13509048
Photo 1: 103 321 Carlaw Avenue in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13509048
Photo 2: 103 321 Carlaw Avenue in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13509048
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13509048
Bus Major:
Hospitality/Food Related
Exceptional, high-yield income property in South Riverdale-one of Toronto's most vibrant, rapidly evolving, and culturally diverse communities. This prime 1,292 sq. ft. corner commercial condominium unit commands an enviable street presence, generating massive foot and vehicular traffic. Perfectly positioned amid a high-density mix of residential, corporate office, and retail spaces, the location ensures a non-stop stream of daily passersby. Fully leased to an established, highly successful operator with over 13 years of strong history and community goodwill at this exact location. A true hands-off, secure addition to any investment portfolio.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Approx. Age:
6-15
Total Area:
1292 sq. ft. Square Feet
Total Area:
1,292 sq. ft.
Retail Area:
1292 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Bathrooms:
2.0
Water supply:
Municipal
Rooms:
0
Zoning:
C3V2
Heating type:
Gas Forced Air Open
Cooling:
Yes
Attached Garage:
Yes
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$12,080.82 / 2026
Assessment:
$- / -
Toronto
Toronto E01
South Riverdale
Public Transit
Yes
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$1,270.74
Property Management Company:
Horizon Property Management Inc. - 416-332-4988
Major Business Type:
Hospitality/Food Related
Category:
Commercial Condo
Date Listed:
Jul 01, 2026
Original Price:
Previous Price:
  • Photo 1: 103 321 Carlaw Avenue in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13509048
    Photo 1 of 2
  • Photo 2: 103 321 Carlaw Avenue in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13509048
    Photo 2 of 2
Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated July 1, 2026 at 04:15 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.