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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2891 Danforth Avenue

East End-Danforth Toronto M4C 1M1

$299,000 /For Sale

Commercial

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

E13665130

Bus Major:

Restaurant

• Photos (29)

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Rare opportunity to own a well-established, family-owned Bangladeshi/Halal restaurant in a high-traffic Danforth Avenue location. Khazana Queen offers authentic Bengali cuisine, renowned biryani specialties, a loyal customer base, and a vibrant dining atmosphere. This fully equipped, operating business is an excellent turnkey opportunity for an experienced restaurateur or entrepreneur. The restaurant features approximately 1,800 sq.ft including the main floor and lower level, with seating for approximately 65 guests, including 45 on the main floor and 20 downstairs. The current owner has invested over $100,000 in renovations and improvements. Reported monthly gross sales are approximately $40,000-$45,000, with an approximate 15% profit margin. The business currently employs 12 staff members, and the owner is willing to provide training and transition support to the new operator. The premises are fully equipped with central A/C and heating, cooling units, commercial stove, commercial hood, commercial faucet, deep fridges, coolers/freezers, commercial fans, TV, central music system, microphone, POS system, new chairs, furniture, and more. Three washrooms are available, including one full washroom. Two dedicated parking spaces are also included. Lease: Approximately $2,333/month including TMI, with approximately 1+3 years remaining and renewal likely. Tenant responsible for water, hydro, gas, and hot water rental. Strong online presence with active website, social media, and online ordering platform. Ideally located at 2891 Danforth Avenue, surrounded by a busy commercial plaza with excellent foot and vehicle traffic. A true turnkey opportunity with an established operation, loyal clientele, attractive lease, extensive equipment, and training support.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Retail Area:

1800 sq. ft. Sq Ft

Lot Depth:

104'31.7 m

Lot Frontage:

19'4"5.89 m

Bathrooms:

1.0

Water supply:

Municipal

Zoning:

Commercial

Additional Info:

Heating type:

Other

Garage:

Other

Possession Details:

Immediate

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

TMI

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E02

Listing Sub-Area:

East End-Danforth

Rental Items:

Hot Water Tank, CCTV, Internet

Inclusions:

4 Freezers, 5 Stoves, Rangehood, 3 Commercial Fans, TV, Music, Central Microphone, Commercial Faucet, Furniture

Exclusions:

Chafing dish

Elevator:

None

Rail:

No

Other Details:

Utilities:

Available

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

No

Business Info:

Major Business Type:

Restaurant

Category:

Without Property

Franchise:

No

Days Open:

Open 7 Days

Hours Open:

10 AM - 12 PM

Employees:

12

Chattels:

Yes

LLBO:

No

Seats:

65

Listing Info:

Date Listed:

Aug 12, 2026

Original Price:

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Previous Price:

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Listed by RIGHT AT HOME REALTY

Data was last updated August 12, 2026 at 06:15 AM (UTC)

• DARYL KING
• RE/MAX HALLMARK REALTY LIMITED
• 1 (905) 9075464
• homes@darylking.com

This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.

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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.