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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159 1159 Dundas Street E
South Riverdale Toronto M4M 1R9

$699,000 /For Sale
Commercial

Main Photo: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 1: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 2: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 3: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 4: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 5: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 6: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 7: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 8: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 9: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 10: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 11: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 12: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Photo 13: 159 1159 Dundas Street E in Toronto: South Riverdale Commercial for sale (Toronto E01)  : MLS®# E13028194
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13028194
High performing asset. Rare industrial ownership. Immediate income. Exceptional opportunity to acquire a nearly 1,400 SF I1-zoned industrial unit in the iconic i-Zone Condos, one of the city's most tightly held creative industrial buildings with rapidly shrinking inventory. Currently leased to AAA tenants generating $4,000/month, offering strong in place income with flexibility for end user occupancy. A true hybrid investment with cash flow today and long term appreciation upside driven by intensification and infrastructure growth. This upgraded unit outperforms typical offerings-featuring 17-ft ceilings, commercial grade mezzanine (no added maintenance fees), real brick feature walls, durable polished concrete flooring, full kitchen with new appliances and two washrooms (1 with a shower). Outfitted wiht washer/dryer vents/plugs. Turnkey, functional and built to attract premium tenants in media, production, design and boutique commercial uses. Double door access plus shared truck level loading docks provide efficient logistics, ideal for businesses requiring seamless movement of equipment or inventory. Professionally managed building with secure entry, surveillance and access to shared meeting space and rooftop deck. Strategically located in South Riverdale/Leslieville, one of Toronto's fastest evolving creative corridors. Steps to major amenities, transit and minutes to the DVP, Gardiner and Lakeshore. Future LRT expansion and continued density growth position this asset for accelerated value appreciation. Comparable units have traded quickly so opportunities like this are limited. Secure a cash flowing industrial asset in a high demand node before pricing catches up to demand.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
1385 sq. ft. Square Feet
Total Area:
1,385 sq. ft.
Retail Area:
1385 sq. ft. Sq Ft
Industrial Area:
1385 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bedrooms:
1
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Zoning:
Industrial/Commercial
Heating type:
Gas Forced Air Closed
Heating Fuel:
Gas
Clear Height:
17'
Garage:
Underground
Parking Spaces:
0
Possession Details:
30/60
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$10,192.7 / 2025
Assessment:
$- / -
Toronto
Toronto E01
South Riverdale
Major Highway, Public Transit
Yes
All ELF's, fridge, stove, dishwasher, exhaust hood, custom reception desk
Public
No
Amperage:
100
Water Supply Types:
Water System
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Condo Fee:
$764.11
Category:
Multi-Use
Number of Double Man Shipping Doors:
1
Number of Drive-In Level Shipping Doors:
0
Number of Grade Level Shipping Doors:
0
Number of Truck Level Shipping Doors:
2
Date Listed:
Apr 22, 2026
Original Price:
Previous Price:
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Listed by COLDWELL BANKER REAL ESTATE PROFESSIONALS
Data was last updated April 23, 2026 at 04:15 AM (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.

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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.