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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1132 Queen Street W
Little Portugal Toronto M6J 1J3

$199,000 /For Sale
Commercial

Main Photo: 1132 Queen Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12689756
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12689756
Bus Major:
Restaurant
Bienvenido to a very Successful Restaurant in Prime Downtown Toronto, This Turn Key Business Located In Queen St West with 100 Walking Score making this Restaurant Busy by the Pedestrians and Local and Neighbours and Many Take out Orders. Property has a Spacious Basement, Industrial Hoods, All the Equipments are pretty New, Walking Cooler and Freezer and Everything has been Renovated. The Rent Amount is Pretty Low So Perfect to Start Your Own Business.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
1692 sq. ft. Square Feet
Total Area:
1,692 sq. ft.
Retail Area:
1297 sq. ft. Sq Ft
Lot Depth:
100'
Lot Frontage:
16'11"
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
Own/Ten
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Little Portugal
LIST OF CHATTELS AND EQUIPMENT AVAILABLE
Personal Items
None
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
12:00 pm - 12:00 am
Employees:
2
Chattels:
Yes
LLBO:
No
Seats:
8
Date Listed:
Jan 13, 2026
Original Price:
Previous Price:
  • Photo 1: 1132 Queen Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12689756
    Photo 1 of 1
Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated January 13, 2026 at 04:15 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.