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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22-26 Wellesley Street W
Bay Street Corridor Toronto M4Y 2X6

$13,950,000 /For Sale
Commercial

Main Photo: 22-26 Wellesley Street W in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13831688
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13831688
Bus Major:
Retail Store Related
RARELY OFFERED! Prime Downtown Toronto commercial investment opportunity on Wellesley Street West. Approximately 13,961 sq. ft. of retail space comprising 7 commercial units, fully leased with 100% occupancy and a diversified tenant profile. Established major tenant includes Rabba Fine Foods, complemented by beauty, wellness, service and retail operators. Multiple long term leases provide a stable income profile, while 10 underground parking spaces enhance the overall investment appeal. CR 4.0 Commercial Residential zoning supports a broad range of permitted commercial uses. Exceptional opportunity to acquire a substantial, fully occupied multi tenant retail asset in the heart of Downtown Toronto, offering scale, income diversification and long term ownership potential.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
13961 sq. ft. Square Feet
Total Area:
13,961 sq. ft.
Retail Area:
13961 sq. ft. Sq Ft
Industrial Area:
0 sq. ft. Sq Ft
Office/Apt Area:
0 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
CR 4.0 (c1.0; r4.0) SS1 (x2356)
Heating type:
Other
Garage:
Underground
Parking Spaces:
10
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$174,836 / 2026
Assessment:
$- / -
Toronto
Toronto C01
Bay Street Corridor
Yes
None
No
Utilities:
Yes
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$0
Major Business Type:
Retail Store Related
Category:
Retail
Date Listed:
Sep 26, 2026
Original Price:
Previous Price:
  • Photo 1: 22-26 Wellesley Street W in Toronto: Bay Street Corridor Commercial for sale (Toronto C01)  : MLS®# C13831688
    Photo 1 of 1
Listed by KW Living Realty
Data was last updated September 26, 2026 at 06:15 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.