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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2624 YONGE Street
Lawrence Park South Toronto M4P 2J4

$2,300,000 /For Sale
Commercial

Main Photo: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 1: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 2: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 3: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 4: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 5: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 6: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 7: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 8: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 9: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 10: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 11: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 12: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 13: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 14: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 15: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 16: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 17: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 18: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Photo 19: 2624 YONGE Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C13638678
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13638678
Prime Yonge Street mixed-use investment opportunity in the prestigious Lawrence Park South neighbourhood. Commercial tenant in place, with two loft-style apartments above. The front two-bedroom apartment is occupied on a month-to-month basis, while the rear three-bedroom apartment is scheduled to become vacant. Includes a basement and two parking spaces. Excellent exposure with strong pedestrian and vehicular traffic along this prominent commercial corridor near Yonge and Eglinton. Surrounded by established residential communities, boutique shopping, popular dining, independent businesses, parks and convenient transit, supporting commercial visibility, tenant demand and long-term investment potential.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
2964 sq. ft. Square Feet
Total Area:
2,964 sq. ft.
Retail Area:
988 sq. ft. Sq Ft
Office/Apt Area:
1976 sq. ft. Sq Ft
Lot Depth:
89'6"
Lot Frontage:
19'
Water supply:
Municipal
Zoning:
CR3(c2;r2.5)*2227)
Heating type:
Electric Forced Air
Garage:
None
Parking Spaces:
2
Possession Details:
tbd
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$28,958.84 / 2026
Assessment:
$- / -
Toronto
Toronto C04
Lawrence Park South
No
Utilities:
Available
Air Conditioning:
Partial
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Aug 05, 2026
Original Price:
Previous Price:
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Listed by RE/MAX ULTIMATE REALTY INC.
Data was last updated August 5, 2026 at 05:15 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.