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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179 Queen Street E

Moss Park Toronto M5A 1S2

$1,749,000 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

C13089180

• Photos (44)

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End-user opportunity at 179 Queen Street East with vacant possession of the commercial component and the owner's suite on closing. A 3-storey, 3-unit mixed-use building on the Queen East corridor: main-floor and lower-level commercial (vacant); a fully renovated middle-floor 1-bedroom apartment (leased); and a 2-storey, 2-bedroom owner's suite on the top floor with a private rooftop terrace (vacant). Current ownership raised the main floor and opened up the basement, doubling the building's usable commercial envelope - what was a low-ceiling basement is now a second full storey of retail, paired with the existing main-floor retail. A future owner can occupy the entire commercial component across two full levels, or lease both floors to a single retail tenant, while moving into the top-floor owner's suite. The building has been fully rewired with two new electrical panels in the basement and new windows throughout. The middle-floor 1-bedroom is fully renovated with new appliances and in-suite laundry. A new staircase services the residential suites. Position: end-user-ready commercial plus owner-occupier suite, with stabilized middle-floor income. Directly across the street from the future Moss Park station on the Ontario Line, currently under construction - a rare chance to acquire a transformed mixed-use building at a future rapid-transit node before the station opens, with the long-term reratings in foot traffic, retail rents, and residential demand that come with being steps from a new subway stop. Tenured Queen East corridor steps to the Distillery District and St. Lawrence Market, with a demand floor across daytime retail traffic, downtown professionals, and creative-sector tenants.

General Info:

Property Type:

Commercial

Property Sub Type:

Store W Apt/Office

Freestanding:

No

Approx. Age:

100+

Total Area:

3027 sq. ft. Square Feet

Total Area:

3,027 sq. ft.281 m2

Retail Area:

1372 sq. ft. Sq Ft

Office/Apt Area:

1655 sq. ft. Sq Ft

Lot Depth:

70'21.3 m

Lot Frontage:

13'3.96 m

Lot Details:

13.00 x 70.00 Feet

Bathrooms:

4.0

Water supply:

Municipal

Rooms:

0

Zoning:

Cr4.5(C2.0 R4.0)

Additional Info:

Heating type:

Baseboard

Cooling:

No

Garage:

Lane

Parking Spaces:

1

Possession Details:

Immediate

Financial Info:

HST Applicable To Sale Price:

In Addition To

Type Taxes:

Annual

Taxes:

$11,649.76 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C08

Listing Sub-Area:

Moss Park

Security Features:

No

Inclusions:

All items belonging to the tenants, including the staged owners' suite and commercial space.

Rail:

No

Other Details:

Utilities:

Yes

Air Conditioning:

No

Seller Property Info Statement:

No

Business Info:

Category:

Store With Apt/Office

Listing Info:

Date Listed:

May 06, 2026

Original Price:

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Previous Price:

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Listed by BOSLEY REAL ESTATE LTD.

Data was last updated May 6, 2026 at 02:15 PM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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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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.