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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1224 Danforth Avenue
Danforth Toronto M4J 1M6

$1,300,000 /For Sale
Commercial

Main Photo: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 1: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 2: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 3: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 4: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
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Photo 23: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 24: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 25: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
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Photo 38: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 39: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 40: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 41: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 42: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 43: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 44: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 45: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 46: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 47: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 48: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Photo 49: 1224 Danforth Avenue in Toronto: Danforth Commercial for sale (Toronto E03)  : MLS®# E12335664
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12335664
Prime Investment Opportunity On Highly Sought-After Danforth Avenue, Just Steps From Transit And Underground Subway. This Mixed-Use Property Features A Commercial/Retail Space On The Main Floor With a Residential Apartment Above. Property Boasts Four Washrooms Throughout, Including A Spacious Basement With A Separate Rear Entrance. Main And Basement Levels Are Currently Tenanted, While The Upper Apartment Is Vacant Ready To Secure an Attractive Market Rent. Excellent Property Access From Both The Front And Rear Via Desirable Laneway Exposure. Located in a High Foot-Traffic Area, Ideal For Investors Or End Users Alike To Capitalize On One Of Toronto's Most Desirable Corridors.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
1989 sq. ft. Square Feet
Total Area:
1,989 sq. ft.
Retail Area:
50 sq. ft. %
Office/Apt Area:
50 sq. ft. %
Depth:
110'
Frontage:
18'1"
Water supply:
Municipal
Zoning:
CR3(c2;r2.5*2219)
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$9,879 / 2025
Assessment:
$- / -
Toronto E03
Danforth
Toronto
Public Transit, Recreation/Community Centre
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Category:
Store With Apt/Office
Date Listed:
Aug 10, 2025
Original Price:
Previous Price:
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    Main Floor - Cafe/Sports Bar Business
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    BASEMENT - STORAGE AREA
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    Basement - Sitting Area
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    Second Floor - Unit
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    Second Floor - Deck
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    Backyard - Parking Area
Listed by SUTTON GROUP-ASSOCIATES REALTY INC.
Data was last updated August 31, 2025 at 12:15 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.