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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121 4750 Yonge Street
Lansing-Westgate Toronto M2N 5M6

$35,000 /For Sale
Commercial

Main Photo: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 1: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 2: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 3: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 4: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 5: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 6: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 7: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 8: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 9: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 10: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 11: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 12: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 13: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 14: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Photo 15: 121 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13015462
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13015462
Bus Major:
Cafe
Prime North York location in the high-density Yonge & Sheppard corridor. Situated in the Emerald Park complex, this ground-floor retail unit offers excellent exposure with street-facing windows and direct access to Sheppard Subway Station. The building features two residential towers with 700 luxury condo units, a busy indoor shopping concourse, and over 60 office units on the third floor. Anchor tenants include Food Basics (24 hours), LCBO, Starbucks, and more. Ample paid underground visitor parking is available.Well-established food business in a high-traffic mixed-use environment. Easy conversion to various retail uses. Extras: Rent approx. $3,024/month (including TMI & HST). Lease term until June 2028.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
317 sq. ft. Square Feet
Total Area:
317 sq. ft.
Retail Area:
317 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Development Charges Paid:
No
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C07
Lansing-Westgate
All chattels and equipment are included: refrigerator, freezer, prep table, cabinets, hot water tank, and inventory.
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
No
Business/Building Name:
Emerald Park
Major Business Type:
Cafe
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
8:30am-7:30pm
Employees:
0
Chattels:
Yes
LLBO:
No
Seats:
0
Date Listed:
Apr 18, 2026
Original Price:
Previous Price:
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Listed by RE/MAX IMPERIAL REALTY INC.
Data was last updated April 18, 2026 at 01:15 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.