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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1398 Yonge Street
Yonge-St. Clair Toronto M4T 1Y5

$3,999,000 /For Sale
Commercial

Main Photo: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 1: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 2: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 3: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 4: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 5: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 6: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 7: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 8: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 9: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Photo 10: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12404075
Rarely Offered Prime Yonge St Investment Opportunity! Exceptional commercial-residential property in a high-demand location, perfect for end users, investors, or developers. The main floor retail space is currently occupied by a pharmacy. The upper levels feature 4 residential units (2 one-bedroom and 2 bachelor apartments) with great potential for renovation and increased rental income. Take advantage of high foot traffic, upcoming developments, and unbeatable accessibility just steps from the subway, public transit, and all city amenities. An incredible opportunity with many possibilities!
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
2495 sq. ft. Square Feet
Total Area:
2,495 sq. ft.
Retail Area:
831 sq. ft. Sq Ft
Office/Apt Area:
1664 sq. ft. Sq Ft
Depth:
57'
Frontage:
19'5"
Water supply:
Municipal
Zoning:
CR4.25(c2;r3)*2518)
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$21,112 / 2024
Assessment:
$- / -
Toronto C02
Yonge-St. Clair
Toronto
Public Transit, Subways
No
Utilities:
Yes
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Sep 15, 2025
Original Price:
Previous Price:
  • Photo 1: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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  • Photo 2: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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  • Photo 3: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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  • Photo 4: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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  • Photo 5: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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  • Photo 6: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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  • Photo 7: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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  • Photo 8: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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  • Photo 9: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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  • Photo 10: 1398 Yonge Street in Toronto: Yonge-St. Clair Commercial for sale (Toronto C02)  : MLS®# C12404075
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Listed by FOREST HILL REAL ESTATE INC.
Data was last updated September 23, 2025 at 07:15 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.