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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157 4750 Yonge Street
Lansing-Westgate Toronto M2N 0J6

$468,000 /For Sale
Commercial

Main Photo: 157 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12338549
Photo 1: 157 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12338549
Photo 2: 157 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12338549
Photo 3: 157 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12338549
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12338549
***Property And Business Together. ***Currently Use As Profitable Facial And Nail Spa* Also Good For Retail & Coffee Shop And Other Service Related Use. Located At Yonge & Sheppard. Direct Access To Subway. Ground Floor Corner Unit Near To The West Side Entrance. Two Residential Towers Of Approx 700 Units. Retail Stores, Food Court And Tim Horton On Ground Floor And Offices On 3rd Floor With Over 80% Occupancy. Busy Traffic. Huge Potential. **EXTRAS** Separated Room For Facial With Privacy. High Ceilings, Heating And Cooling At The Underside Of Concrete Ceiling. Property And Business Together, Facilities Are Extra. Direct Access To The Subway Line From The Condo.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Approx. Age:
6-15
Total Area:
404 sq. ft. Square Feet
Total Area:
404 sq. ft.
Retail Area:
404 sq. ft. Sq Ft
Depth:
0'
Frontage:
0'
Water supply:
Municipal
Zoning:
COMMERICAL
Heating type:
Gas Forced Air Closed
Garage:
Public
Possession Details:
Any time
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2024
Type Taxes:
Annual
Taxes:
$6,946.7 / 2024
Assessment:
$- / 2024
Toronto C07
Lansing-Westgate
Toronto
Major Highway, Public Transit
Yes
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$1,239.95
Category:
Commercial Condo
Date Listed:
Aug 12, 2025
Original Price:
Previous Price:
  • Photo 1: 157 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12338549
    Photo 1 of 3
  • Photo 2: 157 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12338549
    Photo 2 of 3
  • Photo 3: 157 4750 Yonge Street in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12338549
    Photo 3 of 3
Listed by BAY STREET GROUP INC.
Data was last updated August 25, 2025 at 08:15 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.