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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27 & 29 Kensington Avenue
Kensington-Chinatown Toronto M5T 2J8

$2,380,000 /For Sale
Commercial

Main Photo: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
Photo 1: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
Photo 2: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
Photo 3: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
Photo 4: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
Photo 5: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
Photo 6: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
Photo 7: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
Photo 8: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13410122
Rare fond Store with Apartment with Detached Garage. Located in the heart Of Toronto's Kensington Market Community. Huge potential for redevelopment. #27 Kensington And #29 Kensington preferred to be sold together. All Fixtures & Chattels As Is. Tenants could be assumed or vacanted. Properties are being sold as is, where Is.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
Yes
Total Area:
3477 sq. ft. Square Feet
Total Area:
3,476.74 sq. ft.
Retail Area:
50 sq. ft. %
Office/Apt Area:
50 sq. ft. %
Lot Depth:
105'2"
Lot Frontage:
32'11"
Lot Details:
32.92 x 105.17 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Cr2 (Commercial / Residential)
Heating type:
Gas Forced Air Open
Cooling:
No
Garage:
Single Detached
Possession Details:
60-90 Days/TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$27,652 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
No
All Fixtures & Chattels that belong to the Sellers (as is)
Hot Water Tank ; All other Rental Items (only if applicable)
None
No
Utilities:
Yes
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Jun 06, 2026
Original Price:
Previous Price:
  • Photo 1: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
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  • Photo 5: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
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  • Photo 6: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
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  • Photo 7: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
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  • Photo 8: 27 & 29 Kensington Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C13410122
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Listed by REAL ONE REALTY INC.
Data was last updated June 15, 2026 at 12:15 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.