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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158 78 St Patrick Street
Kensington-Chinatown Toronto M5T 3K8

$649,900 /For Sale
Commercial

Main Photo: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
Photo 1: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
Photo 2: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
Photo 3: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
Photo 4: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
Photo 5: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
Photo 6: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
Photo 7: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
Photo 8: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13575236
RARELY OFFERED LIVE/WORK LOFT WITH FLEXIBLE MULTI-USE COMMERCIAL ZONING! Outstanding opportunity to position your business at the highly coveted Grangetown Lofts. Rare flexible zoning allows for a massive variety of professional operations: Business & Professional Offices, Artist Studios, Custom Workshops, and Personal Service Shops. This distinctive ground-floor unit offers a expansive, open-concept floor plan highlighted by soaring 16-foot ceilings and oversized windows drenching the space in excellent natural light. Unbeatable operational privacy with only six feet of shared walls with your neighbour. Enjoy the added security and convenience of a private entrance offering direct, seamless access to local shops/mall. Unmatched downtown location boasting a phenomenal Walk Score-steps to the TTC, parks, trendy shops, five-star restaurants, and Yonge/Dundas Square. Building includes gated security, a pool, and gym amenities. Perfect for entrepreneurs, creatives, and retail operators alike!
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
970 sq. ft. Square Feet
Total Area:
970 sq. ft.
Retail Area:
100 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Cr 4.0 (C2.0; R3.5) Ss 1 (X2342)
Heating type:
Gas Forced Air Open
Cooling:
Yes
Attached Garage:
Yes
Garage:
Underground
Possession Details:
Flexible
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$2,993.72 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
No
Underground Parking Space Rentals Available.
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Property Management Company:
Del Property Management
Category:
Multi-Use
Date Listed:
Jul 17, 2026
Original Price:
Previous Price:
  • Photo 1: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
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  • Photo 2: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
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  • Photo 3: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
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  • Photo 4: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
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  • Photo 5: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
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  • Photo 6: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
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  • Photo 7: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
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  • Photo 8: 158 78 St Patrick Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13575236
    Photo 8 of 8
Listed by CENTURY 21 ATRIA REALTY INC.
Data was last updated July 17, 2026 at 07:15 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.