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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1038 St Clair Avenue W
Oakwood Village Toronto M6E 1A5

$65,000 /For Sale
Commercial

Main Photo: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
Photo 1: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
Photo 2: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
Photo 3: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
Photo 4: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
Photo 5: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
Photo 6: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
Photo 7: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
Photo 8: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13045184
Bus Major:
Convenience/Variety
Established and profitable convenience store for sale in the City of Toronto, successfully operating for over 20 years with a loyal and stable customer base. The current owner is retiring, creating an excellent opportunity for a new operator. This easy-to-manage business can be run by just one person and features multiple income streams, including strong weekly sales of approximately $6,000, lottery commission of about $1,000 per week, and additional revenue from a Bitcoin machine. A vape shop operating inside the premises provides further income potential. Affordable rent of $2,700 per month (including TMI and HST), with a new 5-year lease available. Business hours are 10:00 AM to 8:00 PM, offering a great work-life balance. Significant growth potential for an owner-operator to expand product offerings or extend hours.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
900 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
CR
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C03
Oakwood Village
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Convenience/Variety
Category:
Without Property
Franchise:
No
Hours Open:
9am-9PM
Employees:
1
Chattels:
No
LLBO:
No
Seats:
0
Date Listed:
Apr 25, 2026
Original Price:
Previous Price:
  • Photo 1: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
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  • Photo 7: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
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  • Photo 8: 1038 St Clair Avenue W in Toronto: Oakwood Village Commercial for sale (Toronto C03)  : MLS®# C13045184
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Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated April 25, 2026 at 10:15 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.