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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104 707 Kennedy Road
Kennedy Park Toronto M1K 3M6

$179,000 /For Sale
Commercial

Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12369468
Bus Major:
Convenience/Variety
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
Yes
Total Area:
2080 sq. ft. Square Feet
Total Area:
2,080 sq. ft.
Retail Area:
2080 sq. ft. Sq Ft
Depth:
0'
Frontage:
0'
Water supply:
Municipal
Zoning:
Commerical/Retail
Heating type:
Gas Forced Air Closed
Garage:
Plaza
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Type Taxes:
TMI
Taxes:
$1,300 / 2024
Assessment:
$- / -
Toronto E04
Kennedy Park
Toronto
Public Transit, Subways
No
Utilities:
Available
Sewers:
Sanitary+Storm Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Convenience/Variety
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
9 AM- 9 PM
Employees:
3
Chattels:
Yes
LLBO:
Yes
Seats:
0
Date Listed:
Aug 29, 2025
Original Price:
Previous Price:
Listed by EXP REALTY
Data was last updated August 31, 2025 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.