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 3447 Kennedy Road
Milliken Toronto M1V 3S1

$388,000 /For Sale
Commercial

Main Photo: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Photo 1: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Photo 2: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Photo 3: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Photo 4: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Photo 5: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Photo 6: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Photo 7: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Photo 8: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Photo 9: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12987842
Bus Major:
Restaurant
Prime restaurant location opportunity at Scarborough. This beautifully renovated restaurant space features approximately 3,400 sq.ft. with a fully equipped kitchen, 32 ft commercial exhaust hood, walk-in fridge & freezer, and modern equipment throughout. Spacious dining area with 108 seats and LLBO in place, plus a private dining room ideal for events or group bookings. Located at the high-exposure corner of building, offering excellent signage visibility, heavy foot traffic, and easy accessibility. Ample parking available on-site. Exceptionally low rent and operating costs make this a rare turnkey opportunity for a wide range of restaurant concepts. Move-in ready-bring your vision and start operating immediately.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
3400 sq. ft. Square Feet
Total Area:
3,400 sq. ft.
Retail Area:
3400 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Plaza
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$12.35 / 2026
Assessment:
$- / -
Toronto
Toronto E07
Milliken
All Chattel And Equipment Are Included. Rent $12,118.31/Month (Include Tmi , Hst). Current Lease Till Jan 31, 2030 With A 5 Years Renew Options.
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Business/Building Name:
JIANNAN ONE BOWL NOODLE
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
11:30-22
Employees:
5
Chattels:
Yes
LLBO:
Yes
Seats:
108
Date Listed:
Apr 12, 2026
Original Price:
Previous Price:
  • Photo 1: 103 3447 Kennedy Road in Toronto: Milliken Commercial for sale (Toronto E07)  : MLS®# E12987842
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Listed by BAY STREET GROUP INC.
Data was last updated April 16, 2026 at 06:15 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.