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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22A 1151 Dundas Street

Erindale Mississauga L5C 1C6

$49,999 /For Sale

Commercial

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

W13726298

Bus Major:

Convenience/Variety

• Photos (9)

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Well-established convenience store for sale in Westdale Mall, Mississauga. Successfully operated by the current owner for approximately 10 years, who is now retiring. Located beside ServiceOntario and a mall entrance, with a separate exterior entrance facing Forestwood Dr. Surrounded by high-rise residential buildings and ample parking. Approx. weekly sales of $12,000, plus monthly lottery commissions of $4,000-$5,000 and approx. $800/month in other commissions. Additional services include FedEx drop-off/pickup, Nevada tickets, passport photos, key cutting, faxing and copying. No alcohol sales-significant potential to increase revenue. Approx. 1,362 sq. ft. retail area. Monthly rent is $5,488, including TMI and water. Located on the north side of the mall with an exterior entrance facing Forestwood Dr. Business hours: Monday-Saturday, 10:00 a.m.-9:00 p.m.; Sunday, 10:30 a.m.-9:00 p.m. New owner may extend operating hours, subject to landlord and applicable approvals.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Total Area:

1362 sq. ft. Square Feet

Total Area:

1,362 sq. ft.127 m2

Retail Area:

1362 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Lot Details:

0.00 x 0.00 Feet

Water supply:

Municipal

Rooms:

0

Zoning:

Commercial

Additional Info:

Heating type:

Electric Forced Air

Cooling:

No

Garage:

None

Possession Details:

ASAP

Financial Info:

HST Applicable To Sale Price:

In Addition To

Type Taxes:

TMI

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Peel

Listing Area:

Mississauga

Listing Sub-Area:

Erindale

Security Features:

No

Elevator:

None

Rail:

No

Other Details:

Utilities:

Available

Air Conditioning:

No

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

No

Business Info:

Major Business Type:

Convenience/Variety

Category:

Without Property

Franchise:

No

Days Open:

Open 6 Days

Hours Open:

Mon-Sat. 10:00Am-9:00Pm, Sunday 10:30Am-9:00Pm.

Employees:

2

Chattels:

No

LLBO:

No

Seats:

0

Listing Info:

Date Listed:

Aug 31, 2026

Original Price:

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Previous Price:

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Listed by REAL ONE REALTY INC.

Data was last updated August 31, 2026 at 02:15 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.