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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2857 LAKE SHORE Boulevard W
New Toronto Toronto M8V 1H8

$1,350,000 /For Sale
Commercial

Main Photo: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 1: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 2: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 3: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 4: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 5: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 6: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 7: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 8: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 9: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
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Photo 12: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 13: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
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Photo 16: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 17: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 18: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 19: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 20: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 21: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 22: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Photo 23: 2857 LAKE SHORE Boulevard W in Toronto: New Toronto Commercial for sale (Toronto W06)  : MLS®# W13843046
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13843046
Fully leased mixed-use investment opportunity in New Toronto, just east of Lake Shore Blvd W & Islington Ave. Five income streams comprising three commercial units and two apartments. Four parking spaces and basement. Positioned along the established Lake Shore Blvd W commercial corridor in an evolving South Etobicoke neighbourhood surrounded by residential communities, parks and local businesses. Within walking distance of waterfront parks along Lake Ontario. Excellent opportunity to acquire a fully tenanted mixed-use asset with diversified commercial and residential income in a fantastic established lakeside community.
Property Type:
Commercial
Property Sub Type:
Store W Apt/Office
Freestanding:
No
Total Area:
4032 sq. ft. Square Feet
Total Area:
4,032 sq. ft.
Retail Area:
2036 sq. ft. Sq Ft
Office/Apt Area:
1996 sq. ft. Sq Ft
Lot Depth:
73'
Lot Frontage:
41'10½"
Water supply:
Municipal
Zoning:
CR3(c3;r3)
Heating type:
Gas Hot Water
Survey Available:
No
Garage:
Outside/Surface
Parking Spaces:
4
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$14,598.19 / 2026
Assessment:
$- / -
Toronto
Toronto W06
New Toronto
No
hot water tank - Enercare - $31.17/month currently
No
Utilities:
Available
Sewers:
Sanitary+Storm Available
Air Conditioning:
No
Seller Property Info Statement:
No
Category:
Store With Apt/Office
Date Listed:
Sep 30, 2026
Original Price:
Previous Price:
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Listed by RE/MAX ULTIMATE REALTY INC.
Data was last updated September 30, 2026 at 06:15 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.