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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168 Sheppard Avenue W
Lansing-Westgate Toronto M2N 3A4

$2,349,000 /For Sale
Commercial

Main Photo: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 1: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 2: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 3: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 4: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 5: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 6: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 7: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 8: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 9: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 10: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 11: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 12: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 13: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 14: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 15: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 16: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 17: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 18: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 19: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 20: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 21: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 22: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 23: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 24: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 25: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 26: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 27: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 28: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 29: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 30: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 31: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 32: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Photo 33: 168 Sheppard Avenue W in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C13630222
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13630222
Exceptional Opportunity To Own A Freestanding Office Building In One Of North York's Most Prestigious Commercial Corridors! Ideally Situated Just Steps To Yonge Street, Sheppard Subway Station And Minutes To Hwy 401, This Well-Maintained Property Offers Approximately 1,806 Sq. Ft. Of Functional Office Space On A Premium 50' x 117.6' Lot. Featuring A Professional Reception Area, Multiple Private Offices, A Bright And Efficient Layout, Plus A Finished Lower Level With A Kitchenette And An Additional Washroom, This Property Is Designed To Support A Wide Range Of Professional Businesses Including Medical, Dental, Legal, Accounting, Financial, Consulting, Engineering, Technology And Other Professional Uses (Buyer To Verify Permitted Uses). A Rare Offering In This Highly Sought-After Area, The Property Provides Ample Surface Parking , Delivering Exceptional Convenience For Employees And Clients. Excellent Signage Opportunity Along A High-Exposure Corridor With Strong Daily Vehicular And Pedestrian Traffic. Immediate Vacant Possession Allows For A Seamless Transition. An Outstanding Opportunity For Owner-Occupiers Seeking To Establish A Prestigious Business Presence Or Investors Looking To Acquire A Prime Commercial Asset In One Of North York's Most Desirable And Continuously Growing Business Hubs. Surrounded By Office Towers, High-Density Residential Communities, Restaurants, Banks, Retail Amenities And Public Transit, Offering Exceptional Accessibility, Visibility And Long-Term Growth Potential.
Minimum Rental Term:
36
Maximum Rental Term:
60
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
Yes
Total Area:
1806 sq. ft. Square Feet
Total Area:
1,806 sq. ft.
Retail Area:
0 sq. ft. Sq Ft
Office/Apt Area:
1196 sq. ft. Sq Ft
Lot Depth:
117'7"
Lot Frontage:
50'1"
Lot Shape:
Irregular
Lot Details:
50.06 x 117.60 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
CR
Heating type:
Gas Forced Air Closed
Cooling:
Yes
Garage:
None
Possession Details:
Immediate
Lot Irregularities:
50.04ft x 117.64ft x 50.06ft x 117.82ft
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$26,227.17 / 2025
Assessment:
$- / -
Toronto
Toronto C07
Lansing-Westgate
Major Highway, Subways
No
None
No
No
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Office
Date Listed:
Aug 02, 2026
Original Price:
Previous Price:
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Listed by KELLER WILLIAMS REFERRED URBAN REALTY
Data was last updated August 4, 2026 at 02:15 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.