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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23 Drewry Avenue
Newtonbrook West Toronto M2M 1C9

$288,000 /For Sale
Commercial

Main Photo: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
Photo 1: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
Photo 2: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
Photo 3: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
Photo 4: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
Photo 5: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
Photo 6: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
Photo 7: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13575608
Bus Major:
Cafe
An outstanding opportunity to own a well-established and profitable café in the heart of Yonge & Drewry, one of North York's most desirable commercial locations. Surrounded by office buildings, high-rise condominiums, schools, and residential communities, this business enjoys excellent visibility, strong foot traffic, and a loyal customer base. The café generates strong sales and an attractive net income while benefiting from an affordable gross rent of only $3,960 per month (TMI included). Utilities are paid separately, and the annual insurance premium for the unit is approximately $3,000. A new lease is available for the incoming owner. The current lease expires in September 2027 and includes an option to renew for an additional two years. Operating seven or six days a week from 8:00 AM to 9:00 PM, the business offers a simple, easy-to-manage operation with a streamlined menu and a fully equipped kitchen. The beautifully renovated interior creates a warm and inviting atmosphere, requiring no additional investment. This business also offers excellent growth potential through catering services and increasing residential density, with several new condominium developments planned nearby.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1050 sq. ft. Square Feet
Total Area:
1,050 sq. ft.
Retail Area:
950 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Bathrooms:
1.0
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Garage:
Outside/Surface
Possession Details:
TBD
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C07
Newtonbrook West
Yes
Contact the listing agent
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
Cafe Namoo
Major Business Type:
Cafe
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
8:00am to 9:00pm
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
45
Date Listed:
Jul 17, 2026
Original Price:
Previous Price:
  • Photo 1: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
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  • Photo 2: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
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  • Photo 3: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
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  • Photo 4: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
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  • Photo 5: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
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  • Photo 6: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
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  • Photo 7: 23 Drewry Avenue in Toronto: Newtonbrook West Commercial for sale (Toronto C07)  : MLS®# C13575608
    Photo 7 of 7
Listed by HOME STANDARDS BRICKSTONE REALTY
Data was last updated July 17, 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.