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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192 Davenport Road

Annex Toronto M5R 1J2

$4,500,000 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

C13866984

Bus Major:

Retail Store Related

• Photos (16)

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An exceptional opportunity to acquire a distinctive three-storey commercial property in one of Toronto's most coveted and recognizable locations. Ideally positioned along Davenport Road at the Avenue Road corridor, 192 Davenport Road offers remarkable visibility, strong street presence and a highly adaptable layout suitable for arange of premium commercial uses 2410 square feet.Currently home to an established real estate brokerage, the property is being offered with vacant possession, presenting a rare opportunity for an owner-user, professional practice or investor to establish a prominent presence in the Yorkville area. Property Highlights: Three-storey commercial building: Vacant possession; Currently configured for a sophisticated professional office environment; Three parking spaces at the rear; Two bathrooms, Renovated third floor; Private walkout from the third floor to a brand-new deck; Excellent frontage and visibility along Davenport Road. Flexible configuration suitable for a variety of commercial applications; Ideal for medical, professional, office, retail and service-oriented uses, subject to municipal approvals. Exceptional proximity to Yorkville, Avenue Road and the Bloor Street corrido A Coveted Toronto LocationSet within the prestigious Yorkville/Annex district, 192 Davenport Road occupies a strategic position surroundedby some of Toronto's finest residential addresses, luxury retail, acclaimed restaurants, hotels, galleries andprofessional services.The property's prominent corner-of-the-corridor presence provides an exceptional branding opportunity for abusiness seeking a high-profile address with both prestige and accessibility.With three levels of usable space, rear parking and a newly created outdoor deck, the property combines thecharacter and visibility of a traditional Toronto commercial building with the functionality demanded by today'ssophisticated businesses.

General Info:

Percent of Building:

100

Property Type:

Commercial

Property Sub Type:

Commercial Retail

Freestanding:

Yes

Total Area:

2410 sq. ft. Square Feet

Total Area:

2,410 sq. ft.224 m2

Retail Area:

2416 sq. ft. Sq Ft Divisible

Lot Depth:

120'36.6 m

Lot Frontage:

17'2"5.23 m

Bathrooms:

2.0

Water supply:

Municipal

Zoning:

CR2(c1;r2*2379)

Additional Info:

Heating type:

Gas Forced Air Open

Survey Available:

No

Garage:

None

Parking Spaces:

3

Possession Details:

60/90 / TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

Annual

Taxes:

$23,672.21 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C02

Listing Sub-Area:

Annex

Area Influences:

Public Transit, Subways

Security Features:

No

Inclusions:

Electric light fixtures, all window coverings, broadloom where attached. Hot water tank (owned)

Exclusions:

all art work

Other Details:

Utilities:

Yes

Air Conditioning:

Yes

Seller Property Info Statement:

No

Business Info:

Major Business Type:

Retail Store Related

Category:

Multi-Use

Listing Info:

Date Listed:

Oct 06, 2026

Original Price:

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Previous Price:

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Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Data was last updated October 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.