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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128 1/2 Cumberland Street
Annex Toronto M5R 1A6

$138,000 /For Sale
Commercial

Main Photo: 128 1/2 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12603262
Photo 1: 128 1/2 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12603262
Photo 2: 128 1/2 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12603262
Photo 3: 128 1/2 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12603262
Photo 4: 128 1/2 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12603262
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12603262
Bus Major:
Beauty Salon
Thriving Downtown Toronto Nail Business:Newly Renovated with 6 Pedicure Chairs&10 Manucure stations,,Primium Location, Situated directly opposite a bustling Village Of Yorkville Park ,steps from a major subway entrance,and adjacent to a vibrant public square that frequently hosts events.Your doorstep is a constant stream of potential clients. This presents immediate growth potential for an owner ready to scale operations.1698Sqft with 2 Rooms For Facial and lash extension. Rent $12300 including Tmi&Hst.The business is on an upward trend,With adequate staffing and skilled management,revenue growth is highly achievable.This is a prime opportunity for an experienced ,capable,and well-resourced nail salon operator who: has the ability to recruit ,train,and retain quality nail technicians to meet the existing demand.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1698 sq. ft. Square Feet
Total Area:
1,698 sq. ft.
Retail Area:
1698 sq. ft. Sq Ft
Lot Depth:
119'10"
Lot Frontage:
14'7½"
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
Public
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$68,000 / 2025
Assessment:
$- / -
Toronto
Toronto C02
Annex
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Beauty Salon
Category:
Without Property
Franchise:
No
Hours Open:
10
Employees:
4
Chattels:
Yes
LLBO:
No
Seats:
10
Date Listed:
Dec 05, 2025
Original Price:
Previous Price:
  • Photo 1: 128 1/2 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12603262
    Photo 1 of 4
  • Photo 2: 128 1/2 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12603262
    Photo 2 of 4
  • Photo 3: 128 1/2 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12603262
    Photo 3 of 4
  • Photo 4: 128 1/2 Cumberland Street in Toronto: Annex Commercial for sale (Toronto C02)  : MLS®# C12603262
    Photo 4 of 4
Listed by BAY STREET GROUP INC.
Data was last updated December 5, 2025 at 06:15 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.