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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29 2899 steels Avenue W
York University Heights Toronto M3J 3A1

$88,000 /For Sale
Commercial

Main Photo: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
Photo 1: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
Photo 2: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
Photo 3: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
Photo 4: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
Photo 5: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
Photo 6: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
Photo 7: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
Photo 8: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13245940
Bus Major:
Automotive Related
Excellent opportunity to acquire an automotive business in a high-traffic location with great exposure. Business for sale only; property not included. This versatile condominium commercial unit is well suited for use as a mechanic shop and car wash, featuring large front windows that provide maximum visibility and natural light. The unit offers convenient access from both Steeles Ave and Keele St and is ideally located close to Hwy 407 and Hwy 400, allowing easy access for customers and suppliers. The space includes a drive-in door for convenient vehicle access, a mezzanine level for additional workspace or storage, and one washroom. Functional layout in a highly accessible area, ideal for automotive-related operations. Lease term remaining: 3 years with a 5-year renewal option.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
1500 sq. ft. Square Feet
Total Area:
1,500 sq. ft.
Retail Area:
10 sq. ft. %
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
M2, MOFH
Heating type:
Gas Forced Air Open
Garage:
Visitor
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto W05
York University Heights
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Automotive Related
Category:
Without Property
Franchise:
No
Hours Open:
10
Employees:
2
Chattels:
Yes
LLBO:
No
Seats:
5
Date Listed:
Jun 05, 2026
Original Price:
Previous Price:
  • Photo 1: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
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  • Photo 2: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
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  • Photo 8: 29 2899 steels Avenue W in Toronto: York University Heights Commercial for sale (Toronto W05)  : MLS®# W13245940
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Listed by T-ONE GROUP REALTY INC.,
Data was last updated June 5, 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.