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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2789 Lakeshore Boulevard W
New Toronto Toronto M8V 1H4

$84,900 /For Sale
Commercial

Main Photo: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 1: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 2: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 3: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 4: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 5: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 6: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 7: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
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Photo 10: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 11: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 12: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 13: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 14: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 15: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 16: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Photo 17: 2789 Lakeshore Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13748470
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13748470
Bus Major:
Sports/Entertainment
Enjoy exceptionally low monthly rent of only $3,900, including TMI. The landlord is also open to offering a new 5+5-year lease commencing at the same monthly rent. With a 5-star Google rating, loyal clientele, consistent income, and low operating overhead, the lounge has built an excellent reputation within the community. Perfect for pool and snooker tournaments, birthday celebrations, date nights, corporate bookings, team-building events, private parties, and live sports viewings. Currently operating from 4:00 p.m. until late, with no restrictions on operating hours, the business offers excellent potential to increase revenue through daytime operations, expanded programming, memberships, leagues, and special events. An outstanding opportunity for an investor or owner-operator seeking an established, steady-income entertainment business in a vibrant community.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1950 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Retail
Heating type:
Electric Forced Air
Garage:
None
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto W06
New Toronto
Public Transit, Subways
All Equipment and Chattels
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Sports/Entertainment
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
4-12
Employees:
2
Chattels:
Yes
LLBO:
Yes
Seats:
12
Date Listed:
Sep 05, 2026
Original Price:
Previous Price:
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Listed by HOMELIFE/MIRACLE REALTY LTD
Data was last updated September 5, 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.

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.