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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310 Richmond Street W

Waterfront Communities C1 Toronto M5V 1X2

$75,000 /For Sale

Commercial

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• Details
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• Map

Status:

Active

Prop. Type:

Commercial

MLS® Num:

C13509130

Bus Major:

Fast Food/Takeout

• Photos (13)

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LOCATION. LOCATION. LOCATION. An exceptional opportunity at the vibrant corner of King & John, just steps from the iconic CN Tower. This turnkey quick-service restaurant is fully equipped and situated in one of downtown's most energetic and high-demand corridors. Surrounded by theatres, nightlife, corporate offices, and a dense residential population, the area delivers steady foot traffic and strong visibility throughout the day and night. Benefit from a favorable lease in a premium location. A perfect fit for operators or investors seeking a standout downtown presence with excellent upside potential.

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Freestanding:

No

Retail Area:

679 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Water supply:

Municipal

Zoning:

Commercial Retail

Additional Info:

Heating type:

Gas Forced Air Closed

Garage:

None

Possession Details:

TBD

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

N/A

Taxes:

$0 / 2025

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto C01

Listing Sub-Area:

Waterfront Communities C1

Other Details:

Utilities:

Available

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

No

Business Info:

Major Business Type:

Fast Food/Takeout

Category:

Without Property

Franchise:

Yes

Days Open:

Open 7 Days

Hours Open:

0

Employees:

2

Chattels:

Yes

LLBO:

No

Seats:

2

Listing Info:

Date Listed:

Jul 01, 2026

Original Price:

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Previous Price:

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Listed by RE/MAX GOLD REALTY INC.

Data was last updated July 1, 2026 at 07:15 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.