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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2788 Yonge Street
Lawrence Park South Toronto M4N 2J2

$6,850,000 /For Sale
Commercial

Main Photo: 2788 Yonge Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C12782604
Photo 1: 2788 Yonge Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C12782604
Photo 2: 2788 Yonge Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C12782604
Photo 3: 2788 Yonge Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C12782604
Photo 4: 2788 Yonge Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C12782604
Photo 5: 2788 Yonge Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C12782604
Photo 6: 2788 Yonge Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C12782604
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12782604
Fully vacant commercial retail building comprising approximately 6,845 square feet, prominently located at the corner of Yonge Street and Glengrove Avenue in Midtown Toronto. The Property features 50 feet of prime Yonge Street frontage, offering exceptional visibility and signage potential.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
6845 sq. ft. Square Feet
Total Area:
6,845 sq. ft.
Retail Area:
6845 sq. ft. Sq Ft
Lot Depth:
111'
Lot Frontage:
49'
Water supply:
Municipal
Zoning:
CR 3.0
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$114,389 / 2025
Assessment:
$- / -
Toronto
Toronto C04
Lawrence Park South
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Category:
Retail
Date Listed:
Feb 12, 2026
  • Photo 1: 2788 Yonge Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C12782604
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  • Photo 6: 2788 Yonge Street in Toronto: Lawrence Park South Commercial for sale (Toronto C04)  : MLS®# C12782604
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Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.
Data was last updated February 12, 2026 at 09:15 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.