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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1517-1519 O Connor Drive
O'Connor-Parkview Toronto M4B 2V5

$1,997,000 /For Sale
Commercial

Main Photo: 1517-1519 O Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03)  : MLS®# E13834122
Photo 1: 1517-1519 O Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03)  : MLS®# E13834122
Photo 2: 1517-1519 O Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03)  : MLS®# E13834122
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Photo 5: 1517-1519 O Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03)  : MLS®# E13834122
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Photo 11: 1517-1519 O Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03)  : MLS®# E13834122
Photo 12: 1517-1519 O Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03)  : MLS®# E13834122
Photo 13: 1517-1519 O Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03)  : MLS®# E13834122
Photo 14: 1517-1519 O Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03)  : MLS®# E13834122
Photo 15: 1517-1519 O Connor Drive in Toronto: O'Connor-Parkview Commercial for sale (Toronto E03)  : MLS®# E13834122
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13834122
Excellent opportunity for an owner user or investor! Flexible commercial property offering multiple possibilities-operate your business from both units, occupy one unit and lease the other, or rent out both stores as an investment. Each unit features its own separate 200-amp hydro service, HVAC system, and water supply. The space has been tastefully updated with quality finishes and offers a functional layout suitable for a variety of business uses. A great opportunity for an owner user, investor, or entrepreneur seeking flexibility and income potential.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
6068 sq. ft. Square Feet
Total Area:
6,068 sq. ft.
Retail Area:
3034 sq. ft. Sq Ft
Lot Depth:
125'
Lot Frontage:
50'
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
CR
Heating type:
Electric Forced Air
Garage:
None
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$19,080 / 2026
Assessment:
$- / -
Toronto
Toronto E03
O'Connor-Parkview
No
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Sep 28, 2026
Original Price:
Previous Price:
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Listed by INTERNATIONAL REALTY FIRM, INC.
Data was last updated September 28, 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.