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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270 Sheppard Ave. W. & 5 Addington Ave.
Lansing-Westgate Toronto M2N 1N3

$1 /For Sale
Commercial

Main Photo: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
Photo 1: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
Photo 2: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
Photo 3: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
Photo 4: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
Photo 5: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
Photo 6: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
Photo 7: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12313284
The property is being sold pursuant to an order of the Ontario Superior Court of Justice. Please Click "View Listing On Realtor Website" Button In The Realtor.Ca Browser Version Or 'Multimedia' Button or brochure On Mobile Device App for Further details of the sale process. This sale process can be obtained by visiting the Court-Appointed Receiver's website. Lot size: 45.05 ft x 119.05 ft x 327.91 ft x 135.15 ft x 187.57 ft x 16.08 ft x 95.10 ft; 139.69 ft x 47.08 ft x 139.69 ft x 47.04 ft. Possession Upon Court Approval of Sale.
Property Type:
Commercial
Property Sub Type:
Land
Total Area:
160361 sq. ft. Square Feet
Total Area:
3.68 acre(s)
Depth:
327'11"
Frontage:
182'2¾"
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
RD(f12;a370), CR; C6
Possession Details:
T.B.A.
Lot Irregularities:
See remarks
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto C07
Lansing-Westgate
Toronto
Public Transit, Subways
Utilities:
Available
Sewers:
Sanitary+Storm Available
Seller Property Info Statement:
No
Category:
Designated
Date Listed:
Jul 29, 2025
Original Price:
Previous Price:
  • Photo 1: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
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  • Photo 2: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
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  • Photo 3: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
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  • Photo 4: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
    Photo 4 of 7
  • Photo 5: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
    Photo 5 of 7
  • Photo 6: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
    Photo 6 of 7
  • Photo 7: 270 Sheppard Ave. W. & 5 Addington Ave. in Toronto: Lansing-Westgate Commercial for sale (Toronto C07)  : MLS®# C12313284
    Photo 7 of 7
Listed by TIMES REALTY GROUP INC.
Data was last updated September 10, 2025 at 04:15 AM (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.