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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142 King Street E
Church-Yonge Corridor Toronto M5C 1G7

$3,199,000 /For Sale
Commercial

Main Photo: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 1: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 2: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 3: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 4: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 5: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 6: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
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Photo 23: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 24: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 25: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 26: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 27: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Photo 28: 142 King Street E in Toronto: Church-Yonge Corridor Commercial for sale (Toronto C08)  : MLS®# C13530798
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13530798
Incredible Opportunity To Own A Prime Mixed Use (Residential / Commercial) Building In The Heart of King East Siding Onto St. James Park. Lots Of Old Toronto Curb Appeal - Over 5,100 Total Square Feet Of Beautifully Finished Interior Space With Exposed Brick And Loft Style Finishes. Flexible Office / Retail Space on Main / Lower and Second Floors, 3rd And 4th Floors Are Renovated 2 Bedroom Apartments. High Visibility Location With TTC Stop At Door Step and Just Steps From St Lawrence Market. Short Walk From Yonge Subway. Up To 7 Car Surface Level Parking At The Rear Of The Property And Lots Of Additional Parking Nearby. Rare Chance To Own A King St Address In Downtown Toronto.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
5140 sq. ft. Square Feet
Total Area:
5,139.7 sq. ft.
Retail Area:
0 sq. ft. Sq Ft
Office/Apt Area:
3913 sq. ft. Sq Ft
Lot Depth:
120'3"
Lot Frontage:
20'8¾"
Water supply:
Municipal
Zoning:
OR, CR4(c3;r4*1884)
Heating type:
Gas Forced Air Closed
Garage:
None
Parking Spaces:
7
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$53,763.24 / 2025
Assessment:
$- / 2025
Toronto
Toronto C08
Church-Yonge Corridor
Public Transit, Subways
No
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Jul 07, 2026
Original Price:
Previous Price:
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    Third Floor Living Room
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    Third Floor Kitchen / Living
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    Third Floor Bedroom
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Listed by PROPERTY.CA INC.
Data was last updated July 9, 2026 at 04:15 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.