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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275 Richmond Street W
Waterfront Communities C1 Toronto M5V 1X1

$3,500,000 /For Sale
Commercial

Main Photo: 275 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C14101762
Photo 1: 275 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C14101762
Photo 2: 275 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C14101762
Photo 3: 275 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C14101762
Photo 4: 275 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C14101762
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C14101762
The property is located within the area bounded by Queen Street West to the north, King Street West to the south, University Avenue to the east, and Spadina Avenue to the west. Land use in the immediate subject area consists of retail, high-density residential, and office uses. The site is highly accessible, with bus and streetcar stops located just north along Queen Street West, and Osgoode Station approximately 500 metres east, connecting the site to Toronto's transit system. In addition, the area will be served by the new Spadina Station on the forthcoming Ontario Line, further enhancing transit accessibility.
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
No
Total Area:
1767 sq. ft. Square Feet
Total Area:
1,767 sq. ft.
Office/Apt Area:
100 sq. ft. %
Lot Depth:
98'2"
Lot Frontage:
17'2"
Water supply:
Municipal
Zoning:
RA
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$22,000 / 2026
Assessment:
$- / -
Toronto
Toronto C01
Waterfront Communities C1
Yes
None
No
Utilities:
Yes
Sewers:
None
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$0
Category:
Office
Date Listed:
Oct 21, 2026
Original Price:
Previous Price:
  • Photo 1: 275 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C14101762
    Photo 1 of 4
  • Photo 2: 275 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C14101762
    Photo 2 of 4
  • Photo 3: 275 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C14101762
    Photo 3 of 4
  • Photo 4: 275 Richmond Street W in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C14101762
    Photo 4 of 4
Listed by AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Data was last updated October 21, 2026 at 03:15 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.