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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1612 Dundas Street W
Little Portugal Toronto M6K 1T8

$2,499,900 /For Sale
Commercial

Main Photo: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 1: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 2: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 3: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 4: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 5: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 6: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 7: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 8: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 9: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 10: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
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Photo 12: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
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Photo 19: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 20: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 21: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 22: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 23: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 24: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
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Photo 29: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
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Photo 31: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 32: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 33: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 34: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 35: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 36: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 37: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 38: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 39: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Photo 40: 1612 Dundas Street W in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C13028898
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13028898
Prominent renovated corner building offering approximately 5936 total sq. ft., with 2488 sq. ft. of commercial space on main, 1885 sq. ft in basement and 1563 sq. ft. of residential space above. This is a strong, hands-off investment opportunity with the potential to rent to two tenants generating over $139,000 annually. The property has been renovated with updated mechanical systems, separately metered, providing peace of mind for long-term ownership. Features a stable, long-term commercial lease in place since 2014, with approximately 8 years remaining on the lease and potential for escalating as of Aug 2027. Tenant pays $7,716 per month, totaling $92,592 annually. The second floor offers vacant possession of a luxurious 3-bedroom, 2-bath apartment, ideal for an owner-occupier or to achieve full market rent and maximize returns. Potential to explore future expansion or redevelopment.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
4051 sq. ft. Square Feet
Total Area:
4,051 sq. ft.
Retail Area:
2488 sq. ft. Sq Ft
Lot Depth:
100'2"
Lot Frontage:
25'
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
CR2.5(c1;r2)*1584)
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
60-90 Days
Lot Irregularities:
Irregular
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$24,024.49 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Little Portugal
No
Stainless Steel Stove, S/S Refrigerator, S/S Dishwasher, S/S Hood Fan. Washer and Dryer. All Electrical Light Fixtures, Furnace, Air conditioner and HWT.
Tenant's Fixtures and Belonging's
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Retail
Date Listed:
Apr 22, 2026
Original Price:
Previous Price:
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Listed by ROYAL LEPAGE SUPREME REALTY
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.

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.