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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253 Gerrard Street E
Moss Park Toronto M5A 2G1

$99,000 /For Sale
Commercial

Main Photo: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
Photo 1: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
Photo 2: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
Photo 3: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
Photo 4: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
Photo 5: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
Photo 6: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13670844
Bus Major:
Restaurant
Cozy and inviting, this family restaurant and cafe is a true gem. 900 square feet. Seating area for 24 plus guests, and a well-equipped, well-laid-out induction kitchen with all new and professionally-maintained equipment This beloved neighborhood spot is well renowned and receiving impressive recognition as one of the city's best new restaurants serving authentic Southeast Asian fare. Continue to help build this accredited brand or get into business with a turn key set up, a favorable lease, and thoughtful infrastructure in place. Owners willing to provide recipes and training to the buyer to help ensure a smooth and seamless transition Current rent is only $3600.00 / month inclusive of TMI and Water. - This can't be beat.
Minimum Rental Term:
0
Maximum Rental Term:
60
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
900 sq. ft. Square Feet
Total Area:
900 sq. ft.
Retail Area:
900 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
15'
Lot Details:
15.00 x 0.00 Feet
Bathrooms:
1.0
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial /Retail
Heating type:
Baseboard
Cooling:
Yes
Garage:
None
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C08
Moss Park
Public Transit, Subways
No
As per chattel list
As per chattel list
Select personal items
None
No
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Partial
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
6
Employees:
4
Chattels:
Yes
LLBO:
No
Seats:
24
Date Listed:
Aug 13, 2026
Original Price:
Previous Price:
  • Photo 1: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
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  • Photo 2: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
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  • Photo 3: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
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  • Photo 4: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
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  • Photo 5: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
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  • Photo 6: 253 Gerrard Street E in Toronto: Moss Park Commercial for sale (Toronto C08)  : MLS®# C13670844
    Photo 6 of 6
Listed by CENTURY 21 REGAL REALTY INC.
Data was last updated August 13, 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.