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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300 32 Lisgar Street
Little Portugal Toronto M6J 0C9

$5,700,000 /For Sale
Commercial

Main Photo: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 1: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 2: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 3: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 4: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 5: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 6: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 7: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 8: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 9: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 10: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 11: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 12: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 13: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 14: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 15: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 16: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 17: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 18: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 19: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 20: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 21: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Photo 22: 300 32 Lisgar Street in Toronto: Little Portugal Commercial for sale (Toronto C01)  : MLS®# C12737544
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12737544
32 Lisgar Street is an 8,653 SF turnkey office condo with > $1M in improvements. This is a long narrow space maximizing windows and natural light. There are multiple efficiencies to being in this multi-tenant building and there is both street and Green P parking at the building. This space is unique as it includes a 550 SF tenanted residential condo providing immediate income along with 7 underground parking spaces. High ceilings throughout and lots of privacy. Space can be opened up to create work station density if required. 32 Lisgar is located in a compelling blend of old Toronto character and contemporary vibrancy. Bordering Liberty Village, the area combines industrial heritage with a growing creative and tech presence. Local favorites like The Rhino, Mildred's Temple Kitchen, and Balzac's Coffee reflect its mix of casual charm and urban sophistication. The community is diverse and engaged-artists, long-time residents, and young professionals contribute to a dynamic, evolving neighbourhood with a strong sense of place.
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
No
Total Area:
8653 sq. ft. Square Feet
Total Area:
8,653 sq. ft.
Office/Apt Area:
8653 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Bathrooms:
8.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Closed
Garage:
Underground
Parking Spaces:
7
Possession Details:
30 days
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$72,623.31 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Little Portugal
Major Highway, Public Transit
Yes
Freight+Public
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Office
Date Listed:
Jan 29, 2026
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Listed by CUBECOM COMMERCIAL REALTY INC.
Data was last updated January 29, 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.

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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.