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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195 Harbord Street
University Toronto M5S 1H6

$1,499,000 /For Sale
Commercial

Main Photo: 195 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C12988776
Photo 1: 195 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C12988776
Photo 2: 195 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C12988776
Photo 3: 195 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C12988776
Photo 4: 195 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C12988776
Photo 5: 195 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C12988776
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Photo 22: 195 Harbord Street in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C12988776
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12988776
Excellent Investment Property On Harbord St Just East Of Bathurst. 1 Commercial And 2 Residential Units. Unbeatable Location. Directly Across From Central Tech High School With Over 1500 Students. Commercial until occupied by Quick Service Restaurant with New Commercial Vent Hood, and Professional Build-Out. There is a Main Floor Studio Apartment constructed about 5 years ago with quality finishes, and a recently renovated 3-Bedroom Apartment on the second floor. Fully Occupied with Good Income. Vacant Possession of the Commercial Unit Possible. Well Maintained Building with New Windows (2024).
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
1890 sq. ft. Square Feet
Total Area:
1,890 sq. ft.
Lot Depth:
18'1"
Lot Frontage:
35'3"
Lot Details:
35.25 x 18.08 Feet (As Per Geowarehouse)
Bathrooms:
3.0
Water supply:
Municipal
Rooms:
0
Soil Test:
No
Zoning:
CR
Heating type:
Other
Cooling:
Yes
Garage:
None
Possession Details:
FLEX
Lot Irregularities:
As Per Geowarehouse
HST Applicable To Sale Price:
In Addition To, Not Subject to HST
Type Taxes:
Annual
Taxes:
$12,237 / 2025
Assessment:
$- / -
Toronto
Toronto C01
University
Public Transit, Subways
Irregular Lot
No
None
No
No
UFFI:
No
Utilities:
Yes
Sewers:
Sanitary+Storm Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Retail
Outside Storage:
No
Date Listed:
Apr 13, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE CLASSIC REALTY INC.
Data was last updated April 17, 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.