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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2777 Steeles Avenue W
York University Heights Toronto M3J 3K5

$288,000 /For Sale
Commercial

Main Photo: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 1: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 2: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 3: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 4: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 5: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 6: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 7: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 8: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 9: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 10: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 11: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 12: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 13: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 14: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 15: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Photo 16: 2777 Steeles Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W12814804
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W12814804
Bus Major:
Restaurant
A rare opportunity to acquire a thriving Sunnyside Grillbreakfast and brunch franchise in a prime, high-visibility corner location on Steeles Ave. This turn-key operation features a transferable LLBO liquor licence, including patio privileges, and operates a convenient single daytime shift (7 AM - 3 PM), offering an excellent work-life balance.This profitable and well-established location benefits from strong brand recognition, loyal repeat clientele, and steady daily traffic. Fully equipped with modern fixtures and a streamlined kitchen, the business requires no immediate capital investment. Optimized for Uber Eats and SkipTheDishes, it also offers significant growth potential through expanded liquor service, catering, and increased delivery volume.The attractive lease includes water costs, with 4 years remaining plus a 5-year renewal option. With low overhead and a competitive 6% royalty fee, this is an ideal opportunity for an owner-operator or investor seeking a stable and scalable business.
Minimum Rental Term:
56
Maximum Rental Term:
117
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Approx. Age:
16-30
Total Area:
1746 sq. ft. Square Feet
Total Area:
1,746 sq. ft.
Retail Area:
1520 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
Possession Details:
T.B.D
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto W05
York University Heights
Major Highway, Public Transit
Yes
70 Seats Inside To Serve And 15-20 Seats Outside Patio To Serve.Tables, Chairs, 3 Grills,1 Gas Stove/Oven,1 Walk In Fridge, 2 Stand Alone Freezers, 1 Ice Maker. 1 Stove, 1 Drink Fridge, All Dishes, Cups, Pans And Cutlery., Gross Rent $6500 + $800 TMI
UFFI:
No
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
7:00 A.M - 3:00 P.M
Employees:
3
Chattels:
Yes
LLBO:
Yes
Outside Storage:
No
Seats:
70
Date Listed:
Feb 24, 2026
Original Price:
Previous Price:
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Listed by REMAX YOUR COMMUNITY REALTY
Data was last updated February 25, 2026 at 02:15 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.

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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.