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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1060 Gerrard Street E
South Riverdale Toronto M4M 1Z8

$65,000 /For Sale
Commercial

Main Photo: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 1: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 2: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 3: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 4: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 5: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 6: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 7: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 8: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 9: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 10: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 11: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 12: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Photo 13: 1060 Gerrard Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13147710
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13147710
Bus Major:
Bakery
Beautifully renovated dcafe or brunch restaurant located in the East End. This great setup is perfect for anyone looking to start up or expand their business. The space is 1,900 square feet with a basement for storage. Rent is $6,315, which includes TMI and HST, and the lease expires in October 2028 with an option for an additional 5 years.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1900 sq. ft. Square Feet
Total Area:
1,900 sq. ft.
Retail Area:
1900 sq. ft. Sq Ft
Lot Depth:
110'2"
Lot Frontage:
18'4"
Lot Details:
18.34 x 110.16 Feet
Bathrooms:
2.0
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Cooling:
Yes
Garage:
Street
Parking Spaces:
0
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto E01
South Riverdale
Public Transit
No
None
No
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Bakery
Category:
Without Property
Franchise:
No
Days Open:
Varies
Hours Open:
Varies
Employees:
1
Chattels:
Yes
LLBO:
No
Outside Storage:
No
Seats:
30
Date Listed:
May 20, 2026
Original Price:
Previous Price:
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Listed by RE/MAX EXCEL REALTY LTD.
Data was last updated May 20, 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.