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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150 483 Bay Street
Bay Street Corridor Toronto M5G 2C9

$1 /For Sale
Commercial

Main Photo: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
Photo 1: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
Photo 2: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
Photo 3: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
Photo 4: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
Photo 5: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
Photo 6: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
Photo 7: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13088696
Bus Major:
Hair Salon
LOCATION!! LOCATION!! LOCATION!!! Excellent opportunity to acquire a well-established Hair salon (Male and Female) business in a high-visibility location steps from Eaton center with very low rent and Long Lease at PRIME Location in Hydro 1 Building. Busy intersection of Bay and Albert street in Toronto, Situated in a busy Bay street retail corridor with consistent pedestrian walking traffic and vehicular traffic, this turnkey operation offers strong neighborhood presence and repeat clientele. Well-maintained boutique hair salon unit, ideal for one-on-one personal beauty or wellness services. Functional layout with a cozy and professional setting. Unit facing directly towards the Eaten center entrance. An excellent opportunity for first-time entrepreneurs or independent operators to grow your business. Unit offers direct exposure to the west entrance of the Eaton Centre. Exterior entrance off of Albert Street. Located at the base of 940,000 square foot office tower.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Retail Area:
100 sq. ft. Sq Ft
Office/Apt Area:
200 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Electric Forced Air
Garage:
None
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Bay Street Corridor
Yes
All Hair cuttings chairs and equipment.
Utilities:
Yes
Sewers:
Sanitary+Storm Available
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
Yes
Major Business Type:
Hair Salon
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
10:00 am to 8:00 PM
Employees:
1
Chattels:
Yes
LLBO:
No
Seats:
3
Date Listed:
May 06, 2026
Original Price:
Previous Price:
  • Photo 1: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
    Photo 1 of 7
  • Photo 2: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
    Photo 2 of 7
  • Photo 3: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
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  • Photo 4: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
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  • Photo 5: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
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  • Photo 6: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
    Photo 6 of 7
  • Photo 7: 150 483 Bay Street in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13088696
    Photo 7 of 7
Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated May 6, 2026 at 02:15 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.