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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1506 Dundas Street W
Little Portugal Toronto M6K 1T5

$2,800,000 /For Sale
Commercial

Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13632112
Prime Mixed Use Investment Opportunity In The Heart Of Toronto's Vibrant West End! Welcome To 1506 Dundas St W - A Rare Three Storey Residential/Commercial Building Offering Exceptional Income Potential And End-User Flexibility In A High-Demand Downtown Location. Featuring Approx. 1,900 Sq. Ft. Of Retail Space On The Ground Floor, This Property Is Ideal For Investors Or Business Owners Looking To Operate Their Own Retail/Commercial Use While Benefiting From Additional Residential Rental Income Above.The Second And Third Floors, Consist Of Four Residential Apartment Units, Providing Stable Income.The Property Also Includes An Unfinished Basement Currently Used For Additional Storage Space.Strategically Located Close To Public Transit, Subway Access, Shops, Restaurants, And Major Downtown Amenities, This Property Offers Outstanding Exposure And Long-Term Upside In One Of Toronto's Most Desirable Urban Corridors.Excellent Opportunity For Investors, End Users, And Owner-Operators Alike.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Approx. Age:
31-50
Total Area:
5148 sq. ft. Square Feet
Total Area:
5,148 sq. ft.
Retail Area:
1816 sq. ft. Sq Ft
Lot Depth:
100'1"
Lot Frontage:
20'5"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
COMMERCIAL/RESIDENTIAL
Heating type:
Gas Forced Air Closed
Garage:
Lane
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$19,653 / 2025
Assessment:
$- / 2025
Toronto
Toronto C01
Little Portugal
Public Transit, Subways
No
all fixtures and appliances as is
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Multi-Use
Date Listed:
Aug 04, 2026
Original Price:
Previous Price:
Listed by LPT REALTY
Data was last updated August 4, 2026 at 04:15 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.