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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2 2814 Lakeshore Boulevard W

New Toronto Toronto M8V 1H7

$249,888 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

W13607236

Bus Major:

Restaurant

• Photos (12)

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Exceptional opportunity to acquire a well-established and profitable Halibut House Fish & Chips franchise in the heart of South Etobicoke. Successfully operating for over 10 years, this turnkey business offers a proven track record, loyal clientele, strong repeat customer base, and immediate income from day one. Boasting approximately 3,037 sq. ft. on the main level plus an additional 900 sq. ft. of functional basement space for storage and operations, the restaurant is fully equipped with quality leasehold improvements and commercial kitchen equipment. Strategically located on high-exposure Lake Shore Blvd W, the business benefits from excellent visibility, steady vehicle and pedestrian traffic, and is surrounded by established residential neighbourhoods, numerous condominium developments, schools, parks, offices, and local businesses. Conveniently located just minutes from Humber College - Lakeshore Campus, the Gardiner Expressway, TTC, and the vibrant Lake Ontario waterfront, this location enjoys a diverse and growing customer base consisting of local residents, professionals, students, and visitors. Strong demographics, continuous residential growth, and a recognized franchise brand provide excellent stability with further upside potential through expanded catering, delivery, and extended operating hours. An outstanding opportunity for owner-operators, families, or investors seeking a successful, established restaurant with a proven business model in one of Toronto's most desirable and rapidly growing communities.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Total Area:

3937 sq. ft. Square Feet

Total Area:

3,937 sq. ft.366 m2

Retail Area:

3037 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Bathrooms:

2.0

Water supply:

Municipal

Zoning:

Commercial

Additional Info:

Heating type:

Gas Forced Air Closed

Garage:

Plaza

Possession Details:

Flex/Immediate

Financial Info:

HST Applicable To Sale Price:

Not Subject to HST

Assessment Year:

2025

Type Taxes:

TMI

Taxes:

$3,214 / 2026

Assessment:

$- / 2025

County:

Toronto

Listing Area:

Toronto W06

Listing Sub-Area:

New Toronto

Rental Items:

If any

Inclusions:

Everything in the restaurant

Exclusions:

None

Other Details:

Air Conditioning:

Yes

Seller Property Info Statement:

No

Physically Handicapped-Equipped:

Yes

Commercial Info:

Financial Statements:

Yes

Business Info:

Business/Building Name:

Halibut House Fish & Chips Restaurant

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

Yes

Days Open:

Open 7 Days

Hours Open:

Sunday 9a.m.-8p.m. Monday 10a.m.-8p.m. Tuesday 10a.m.-8p.m. Wednesday 10a.m.-8p.m. Thursday 10a.m.-8p.m. Friday 10a.m.-8p.m. Saturday 9a.m.-8p.m.

Employees:

4

Chattels:

Yes

LLBO:

Yes

Seats:

70

Listing Info:

Date Listed:

Jul 27, 2026

Original Price:

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Previous Price:

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Listed by SKYBOUND REALTY

Data was last updated July 28, 2026 at 06:15 AM (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.