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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2nd Floor 739 Queen Street W

Niagara Toronto M6J 1G1

$100,000 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

C12712152

Bus Major:

Restaurant

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FOR SALE: ELEGANT TURNKEY HOSPITALITY VENUE IN QUEEN WEST, TORONTO. A rare opportunity to own a fully renovated, upscale hospitality space in Toronto's vibrant Queen West. Spanning 5,673 sq. ft., this stylish venue is ideal for a restaurant, lounge, cocktail bar, offering high-end finishes, state-of-the-art technology, and a prime location. HIGHLIGHTS: Elegant Interiors: Custom millwork, modern design, and premium finishes. Licensed for 200 Guests: Multiple lounge areas + private second-floor patio (licensed for 40). Advanced A/V & Lighting: 12 HD projectors, JBL speakers, and Savant smart lighting. Fully Equipped Bar & Kitchen: Perlick refrigeration, EFI appliances. Long-Term Lease Stability: Secure lease through 2031 + Two (2) 5-year renewal options. Prime Location: High foot traffic, surrounded by top retail, dining & nightlife. Versatile & Event-Ready: Ideal for private events, corporate functions, and upscale nightlife. This turnkey opportunity eliminates build-out costs, offering exceptional value for hospitality entrepreneurs looking to expand or launch in a high-demand urban hub. Serious Inquiries only. Lease details, and private tours available upon request. NO NEED FOR SECURITY DEPOSITS OR ADDITIONAL RENT DEPOSITS - SELLER HAS PROVIDED $300K TO LANDLORD WHICH WILL BE APPLIED TO THE LEASE/RENT IN YEAR 10. BUYER TO REPAY THE $300 TO SELLER ONCE IT'S RELEASED FROM THE LANDLORD. CURRENT RENT INCLUDING ADDITIONAL RENT IS APPROX. $23,000 PLUS HST.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Total Area:

5673 sq. ft. Square Feet

Total Area:

5,673 sq. ft.527 m2

Retail Area:

5673 sq. ft. Sq Ft

Lot Depth:

79'24.1 m

Lot Frontage:

72'21.9 m

Lot Details:

72.00 x 79.00 Feet

Bathrooms:

9.0

Water supply:

Municipal

Rooms:

0

Zoning:

Mc-Commercial

Additional Info:

Heating type:

Gas Forced Air Open

Cooling:

Yes

Garage:

None

Parking Spaces:

0

Possession Details:

Immediate

Financial Info:

HST Applicable To Sale Price:

In Addition To

Type Taxes:

TMI

Taxes:

$20 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C01

Listing Sub-Area:

Niagara

Area Influences:

Public Transit

Security Features:

Yes

Rental Items:

DISHWASHER, GLASS WASHER, PHOTOCOPY MACHINE

Inclusions:

CHATTELS AND EQUIPMENT ARE INCLUDED IN THE SALE - LIST TO BE PROVIDED

Exclusions:

LIST OF ITEMS WILL BE PROVIDED & INVENTORY NOT INCLUDED

Elevator:

None

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:

Varies

Hours Open:

0

Employees:

0

Chattels:

Yes

LLBO:

Yes

Outside Storage:

No

Seats:

240

Listing Info:

Date Listed:

Jan 20, 2026

Original Price:

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Previous Price:

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Listed by M.R.S. REALTY INC.

Data was last updated January 20, 2026 at 06:15 PM (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.