197 Roxton Road in Toronto: Trinity-Bellwoods Commercial for sale (Toronto C01) : MLS®# C14130764
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.
Welcome to 197 Roxton Road, a legally established triplex offering a rare combination of income potential, thoughtful design and long-term versatility in one of Toronto's most sought-after west-end neighbourhoods. Legally converted into three residential units in 2010 and comprehensively renovated throughout in 2026, the property presents an exceptional opportunity for investors, co-ownership, multi-generational living, or an owner-occupier looking to offset carrying costs with rental income. Configured as three distinct residential units, each residence benefits from its own kitchen and thoughtfully renewed living space, creating a true multi-unit property with the finish and feel of a newly transformed home. For an investor, the established three-unit configuration offers the ability to generate income across multiple tenancies; for an end user, it provides the flexibility to occupy one residence while renting the others. The property can also adapt over time as ownership, family or investment needs evolve. The comprehensive 2026 renovation adds significant value to the investment. Three new kitchens, new flooring, new lighting, new plumbing fixtures, updated appliances and fresh paint create a cohesive contemporary feel throughout. Warm wood tones, clean architectural lines and textural finishes elevate each unit, while new windows in the living room, family room and kitchen introduce additional natural light into the principal spaces.Investment in the property extends well beyond the interiors. Improvements include a new roof completed in 2024, a new larger-capacity hot water tank in 2026 designed to better accommodate all three residences, additional insulation to many exterior walls, fire-rated doors between units, a new deck and front porch, and in-floor radiant heating in the basement.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
3473 sq. ft. Square Feet
Total Area:
3,473 sq. ft.323 m2
Lot Depth:
153'46.6 m
Lot Frontage:
28'10"8.78 m
Bedrooms:
4
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
3
Zoning:
R
Heating type:
Radiant
Heating Fuel:
Gas
Garage:
None
Parking Spaces:
4
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$11,901 /
2026
Assessment:
$- /
-
Toronto
Toronto C01
Trinity-Bellwoods
Outside, a generous backyard introduces yet another layer of possibility, offering room to gather, garden and entertain, along with potential for a future garden suite, subject to applicable zoning, permits and approvals plus a private drive for 4+ cars.3 Fridges, 3 Stoves, 1 Dishwasher, 3 Washers, 3 Dryers, Electric Light Fixtures, 2 Compressors (3 Wall Units), Hot Water Tank. Each unit features ensuite laundry and double egress.
• 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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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.