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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1331 Danforth Avenue
Greenwood-Coxwell Toronto M4J 1N1

$1,888,000 /For Sale
Commercial

Main Photo: 1331 Danforth Avenue in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E12751542
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12751542
Commercial Store: 2.5 Apartments & 2.5 Commercial Units - Access to Attic from the Front Apartment. Fantastic Unique Investment Opportunity to Own a Corner Store, across from Greenwood Subway Station (100m to Linsmore: TTC Entrance) -- Priced to Sell. Some Rents are Below Market Rate. Total Gross Yearly Income $121,000. At this Price, it Won't Last!
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
1575 sq. ft. Square Feet
Total Area:
1,575 sq. ft.
Retail Area:
1575 sq. ft. Sq Ft
Office/Apt Area:
1575 sq. ft. Sq Ft
Lot Depth:
99'10½"
Lot Frontage:
19'4¼"
Lot Details:
19.35 x 99.87 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Hot Water
Cooling:
No
Garage:
Double Detached
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$13,544 / 2025
Assessment:
$- / -
Toronto
Toronto E01
Greenwood-Coxwell
No
Hot Water Tank Is A Rental. Separate Water Tank for Store Front.
4 Fridges, 4 Stoves, Washer/Dryer, 5 Hydro Meters & GB&E. **Garage Type is a DOUBLE ATTACHED**
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Feb 03, 2026
Original Price:
Previous Price:
  • Photo 1: 1331 Danforth Avenue in Toronto: Greenwood-Coxwell Commercial for sale (Toronto E01)  : MLS®# E12751542
    Photo 1 of 1
Listed by CENTURY 21 PARKLAND LTD.
Data was last updated February 3, 2026 at 03:15 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.