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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12 550 Queens Quay W
Waterfront Communities C1 Toronto M5V 3M8

$99,000 /For Sale
Commercial

Main Photo: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
Photo 1: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
Photo 2: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
Photo 3: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
Photo 4: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
Photo 5: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
Photo 6: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
Photo 7: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
Photo 8: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13076350
Bus Major:
Restaurant
This is an excellent opportunity in an unbeatable location.Taking over a well -established and turn key newly built out restaurant on Queens Quay Harbour Front Area. This Location Surrounded With Luxury Condos, Offices, Waterfront, Tourist Area . This 1050 square foot restaurant sits at the base of a 12 storey, 245 condos building. With a liquor license of 24 seats inside, To be sure to have established and new customers whether they're locals or tourists to the area .The kitchen is equipped with plenty of fridge space, storage, and top line equipment to accommodate your cuisine of choice. With a long lease term in place at incredibly low rent. this Bright, Welcoming & Functionally Laid Out restaurant With High Volume Walking Traffic. Modern & Spacious Sitting Area . This Unit Has It All,Excellent Opportunity To Take Over, Easy To Run. Just Renovated, very attractive Neighbourhood. Amazing Opportunity To Start Your Own Business With Minimal Cost.Endless Potential For Growth And Catering, High Traffic Flow. Consistent year around tourism. Expected increased tourism driven by upcoming FIFA WORLD CUP to the city .Steps to BILLY BISHOP AIRPOR.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
1050 sq. ft. Square Feet
Total Area:
1,050 sq. ft.
Retail Area:
100 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$11,880 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Waterfront Communities C1
As per List of Chattels & Equipment
Price Includes All Equipment, Chattels, And Fixtures Of Current Operation.(As per List of Chattels & Equipment)
As per List of Chattels & Equipment
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Condo Fee:
$540.92
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
9A.M -11:59 P.M
Employees:
2
Chattels:
Yes
LLBO:
Yes
Seats:
24
Date Listed:
May 04, 2026
Original Price:
Previous Price:
  • Photo 1: 12 550 Queens Quay W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C13076350
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Listed by DESIRE MORE REALTY INC.
Data was last updated May 9, 2026 at 03:15 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.