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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21 4801 Steeles Avenue W
Humber Summit Toronto M9L 2W1

$549,900 /For Sale
Commercial

Main Photo: 21 4801 Steeles Avenue W in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13497424
Photo 1: 21 4801 Steeles Avenue W in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13497424
Photo 2: 21 4801 Steeles Avenue W in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13497424
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Photo 50: 21 4801 Steeles Avenue W in Toronto: Humber Summit Commercial for sale (Toronto W05)  : MLS®# W13497424
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13497424
Bus Major:
Other
Excellent approx. 1500 sqft commercial/retail/office unit for sale at prime location in North York, Toronto! This Multi-Purpose Unit has 4 professional offices, Decent Reception Area, Open Concept Conference Room, Meeting Room, a Kitchenette and 2 washrooms, 16ft Ceiling, Sprinklers Installed and lots of Surface Parking!!! This Unit Can be used by Lawyers, Insurance Brokers, Doctors, Accountants, Mortgage Agents, Real Estate Professionals, Immigration, Travel Agency etc.!! PLZ NOTE: THERE IS NO SHIPPING/RECEIVING DOOR. The Spacious unit has an excellent layout and very good investment property. Very convenient location near the Border of North York and Vaughan, Close to York University and all Major Highways 400, 407, 401, TTC and other Amenities!! Come to see and make an Offer!!!
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
1500 sq. ft. Square Feet
Total Area:
1,500 sq. ft.
Retail Area:
1500 sq. ft. Sq Ft
Office/Apt Area:
1500 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Bathrooms:
2.0
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial/Retail/Office
Heating type:
Gas Forced Air Open
Cooling:
Yes
Clear Height:
16'
Garage:
Outside/Surface
Possession Details:
ASAP/Immediately
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$4,339.97 / 2026
Assessment:
$- / -
Toronto
Toronto W05
Humber Summit
Public Transit, Major Highway
Yes
All the Office Furniture items in the Whole Unit Except the Front Office Room. The Status Certificate is available upon request.
All the Office Furniture items in the front Office Room which will be removed by the Owner before Closing.
None
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Other
Category:
Multi-Use
Date Listed:
Jun 27, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Data was last updated June 27, 2026 at 07:15 PM (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.