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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132-134 Limestone Crescent
York University Heights Toronto M3J 2S4

$80,000 /For Sale
Commercial

Main Photo: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Photo 1: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Photo 2: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Photo 3: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Photo 4: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Photo 5: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Photo 6: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
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Photo 19: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
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Photo 21: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Photo 22: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Photo 23: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Photo 24: 132-134 Limestone Crescent in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12603228
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12603228
Bus Major:
Automotive Related
Exceptional opportunity to acquire a long-established auto repair business located in the highly sought-after Steeles/Petrolia corridor. This operation has been successfully in business for over 30 years, with ownership now preparing for retirement. The premises comprise over 1600 sq. ft. of well-maintained workspace, supplemented by abundant outdoor parking. The facility is immaculately kept and offered as a fully turn-key operation, inclusive of a comprehensive inventory of equipment and chattels. The value of the included items exceeds the asking price. A detailed chattel list is available to qualified purchasers. The current lease is $7,000 Included ( HST & TMI). However, the landlord has prepared a new term at the existing rental rate.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
31-50
Total Area:
1600 sq. ft. Square Feet
Total Area:
1,600 sq. ft.
Retail Area:
0 sq. ft. Sq Ft
Office/Apt Area:
400 sq. ft. Sq Ft
Lot Depth:
90'
Lot Frontage:
30'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
In/Out
Parking Spaces:
12
Possession Details:
TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto W05
York University Heights
Partial
None
No
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Automotive Related
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
10am-6pm
Employees:
1
Chattels:
No
LLBO:
No
Seats:
0
Date Listed:
Dec 05, 2025
Original Price:
Previous Price:
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Listed by RE/MAX REALTRON REALTY 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.