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1108 Bay Street E in Toronto: Bay Street Corridor Commercial for sale (Toronto C01) : MLS®# C12569092

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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1108 Bay Street E
Bay Street Corridor Toronto M5S 2Y1

$68,000 /For Sale
Commercial

Main Photo: 1108 Bay Street E in Toronto: Bay Street Corridor Commercial for sale (Toronto C01) : MLS®# C12569092
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12569092
Bus Major:
Dry Cleaning/Laundry
Shoe Therapy | Established in 1997 | Prime Bay Street Location. REITREMENT SALE: After 28 successful years of serving the Toronto community, Shoe Therapy is now available due to retirement. This is a rare opportunity to own a well-established, profitable, and respected shoe and leather repair business in the heart of downtown Toronto-steps from Yorkville and surrounded by high-end retail, condos, and office towers. Why Shoe Therapy? Prime Location: Located at 1108 Bay Street-high-traffic, affluent neighborhood with a mix of professionals, residents, and luxury shoppers. Reputation of Excellence: Trusted since 1997 for meticulous craftsmanship and personalized customer service, with a steady stream of loyal repeat clients and high-end walk-ins. Diversified Services: Shoe & boot repair, leather restoration, handbag and belt repair, custom shoe modifications, and key cutting-offering multiple revenue streams. Ready-to-Go: Includes all professional repair equipment, tools, supplies, and inventory. Fully operational-just walk in and start earning. Strong Client Base: Deep-rooted relationships with discerning customers, local luxury stores, and professionals seeking quality service. Scalable Growth: Opportunity to expand services, launch online booking, offer pickup/drop-off with condos or dry cleaners, and grow digital presence. Included in the Sale: All repair equipment, inventory, and tools, Website, branding, and established online presence, Full customer database and local goodwill. Lease terms negotiable with landlord. This is an ideal business for a skilled artisan, a family-run operator, or an entrepreneur looking to step into a profitable, high-potential service business with deep roots and room to grow. Serious inquiries only. Confidentiality agreement required prior to disclosure of financials.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
16-30
Total Area:
380 sq. ft. Square Feet
Total Area:
380 sq. ft.
Retail Area:
380 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Baseboard
Garage:
Underground
Possession Details:
Anytime
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$7,962.84 / 2024
Assessment:
$- / -
Toronto
Toronto C01
Bay Street Corridor
Rental deposit approximately $8K with any interest provided to landlord will need to be credited back to the SELLER upon closing.
Price includes equipment, branding, website, and email and good will. Can train for up to 1 month. Inventory will be valued separately.
Energy Certification:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Expenses Actual/Estimated:
Actual
Year Expenses:
2024
Major Business Type:
Dry Cleaning/Laundry
Category:
Without Property
Franchise:
No
Days Open:
Open 5 Days
Hours Open:
10:30 - 5:30pm currently. Increase in hours can lead to higher sales
Employees:
2
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Nov 22, 2025
Original Price:
Previous Price:
  • Photo 1: 1108 Bay Street E in Toronto: Bay Street Corridor Commercial for sale (Toronto C01) : MLS®# C12569092
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Listed by CULTURELINK REALTY INC.
Data was last updated November 22, 2025 at 08:15 PM (UTC)
DARYL KING
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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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.

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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.