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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124 Atlantic Avenue
South Parkdale Toronto M6K 1X9

$469,000 /For Sale
Commercial

Main Photo: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
Photo 1: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
Photo 2: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
Photo 3: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
Photo 4: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
Photo 5: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
Photo 6: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13511878
Bus Major:
Restaurant
Turnkey Tahini's Mediterranean Fusion Shawarmas Franchise For Sale - Prime Toronto Location. Located At The Busy Intersection Of King St W & Atlantic Ave. An Exceptional Opportunity To Acquire A Profitable, Well-Established Tahini Shawarma Franchise In Toronto. Prime Liberty Village Location - Surrounded By High-Density Residential Condos, Corporate Offices, Tech Companies, Fitness Centers, And Retail Stores. Just Minutes From Exhibition Place, Enercare Centre, BMO Field, Budweiser Stage, Hotel X, And Exhibition GO Station, Generating Strong Foot Traffic From Residents, Office Workers, Commuters, Sports Fans, Concertgoers, And Tourists Year-Round. This Location Offers Unmatched Exposure And A Steady Stream Of Both Local And Tourist Foot Traffic. Unbeatable Location. Positioned In A Vibrant, High-Density Area With Strong Daytime And Evening Customer Flow. Key Highlights: Prime Location: A Popular Spot For Middle Eastern, Mediterranean Cuisine. Strong Financial Performance: Gross Sales $75,000 to $80,000/ Monthly(And Growing)Rent: Approx. $8634.50/ per month inc. TMI Long Lease: Existing Term Till 2035 + 5 Years Royalty Fee: 5%Advertising Fee: 2%Store Area: Approx. 1,050 Sq Feet. Don't Miss This Rare Opportunity To Own A Profitable And Growing Franchise In A Thriving Location! Please Do Not Go Direct Or Speak To Staff.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1050 sq. ft. Square Feet
Total Area:
1,050 sq. ft.
Retail Area:
1050 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Street
Possession Details:
Immediate
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / 2025
Toronto
Toronto W01
South Parkdale
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
11 am - 1am
Employees:
5
Chattels:
Yes
LLBO:
No
Seats:
20
Date Listed:
Jul 02, 2026
Original Price:
Previous Price:
  • Photo 1: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
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  • Photo 2: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
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  • Photo 3: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
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  • Photo 4: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
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  • Photo 5: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
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  • Photo 6: 124 Atlantic Avenue in Toronto: South Parkdale Commercial for sale (Toronto W01)  : MLS®# W13511878
    Photo 6 of 6
Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated July 2, 2026 at 04:15 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.