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.

Login with:

Forgot password Extend Verify Contact Signup Login

27 Kensington Avenue

Kensington-Chinatown Toronto M5T 2J8

$1,200,000 /For Sale

Commercial

Share on X

Share on Facebook

Share on Pinterest

Share Link

Share on Twitter

Share on Facebook

Share on Pinterest

Share Link

• Details
• Photos
• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

C13872110

• Photos (16)

Schedule a viewing:

in-person virtual

---

ASAP

Thu

8

OCT

Fri

9

OCT

Sat

10

OCT

Sun

11

OCT

Mon

12

OCT

Tue

13

OCT

Wed

14

OCT

Cancel any time.
• Schedule / Email
• Send listing
• Mortgage calculator
• Print listing

Rare found Store with Apartment with Detached Garage in downtown Toronto. Located in the heart of Toronto's Kensington Market Community; Huge potential for redevelopment. All Fixtures & Chattels will be "as is" only. Buyers to perform due diligence. Tenants could be assumed or vacated. Properties are being sold as is, where is. Please note: #27 Kensington And #29 Kensington preferred to be sold together (please refer to MLS ).

General Info:

Property Type:

Commercial

Property Sub Type:

Store W Apt/Office

Freestanding:

No

Total Area:

1733 sq. ft. Square Feet

Total Area:

1,732.99 sq. ft.161 m2

Retail Area:

50 sq. ft. %

Office/Apt Area:

50 sq. ft. %

Lot Depth:

105'2"32.1 m

Lot Frontage:

16'3"4.95 m

Lot Details:

16.25 x 105.17 Feet

Water supply:

Municipal

Rooms:

0

Zoning:

Cr2 (Commercial / Residential)

Additional Info:

Heating type:

Gas Forced Air Open

Cooling:

No

Garage:

Single Detached

Possession Details:

90-120 Days / TBA

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

Annual

Taxes:

$14,800 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C01

Listing Sub-Area:

Kensington-Chinatown

Security Features:

No

Rental Items:

Hot Water Tank ; All other Rental Items (only if applicable)

Inclusions:

All Fixtures & Chattels that belong to the Sellers ("as is" only)

Elevator:

None

Rail:

No

Other Details:

Utilities:

Yes

Air Conditioning:

No

Seller Property Info Statement:

No

Business Info:

Category:

Store With Apt/Office

Listing Info:

Date Listed:

Oct 07, 2026

Original Price:

Signup

Previous Price:

Signup

• 
  Photo 1 of 16
• 
  Photo 2 of 16
• 
  Photo 3 of 16
• 
  Photo 4 of 16
• 
  Photo 5 of 16
• 
  Photo 6 of 16
• 
  Photo 7 of 16
• 
  Photo 8 of 16
• 
  Photo 9 of 16
• 
  Photo 10 of 16
• 
  Photo 11 of 16
• 
  Photo 12 of 16
• 
  Photo 13 of 16
• 
  Photo 14 of 16
• 
  Photo 15 of 16
• 
  Photo 16 of 16

Larger map options:

Larger map Satellite map Street View Walkscore

Listed by REAL ONE REALTY INC.

Data was last updated October 7, 2026 at 02:15 PM (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.

powered by myRealPage.com

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:

• Condos for Sale in Toronto Under $350K
• Waterfront Cottages for Sale in Ontario under $300000
• Houses for Sale Richmond Hill under $500000
• Houses for Sale near Caledonia and Eglinton West
• Condos for Sale in Toronto Under $400K
• Aurora Homes For Sale
• Bradford Homes For Sale
• King City Homes For Sale
• Markham Homes For Sale
• Newmarket Homes For Sale
• Richmond Hill Homes For Sale
• Thornhill Homes For Sale
• Toronto Homes For Sale
• Brampton Homes For Sale
• Uxbridge Homes For Sale
• Vaughan Homes For Sale
• Stouffville Homes For Sale
• Mississauga Homes For Sale

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.