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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3468 Danforth Avenue

Oakridge Toronto M1L 1E1

$249,000 /For Sale

Commercial

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• Details
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Status:

Active

Prop. Type:

Commercial

MLS® Num:

E13680512

Bus Major:

Grocery/Supermarket

• Photos (45)

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*** RAHMI GROCERY N' FRUITS | TURNKEY GROCERY BUSINESS | PRIME SCARBOROUGH LOCATION***Excellent opportunity to own an established, busy and fully equipped grocery store in the heart of Scarborough, conveniently located near Danforth Ave & Warden Ave. Opening Hours Flexible. Approximately 1,100 sq. ft. of well-utilized space, surrounded by restaurants, residential communities and high pedestrian and vehicle traffic, offering a diverse customer base and strong growth potential. Rahmi Grocery N' Fruits offers a wide selection of Halal South Asian food products, fresh bread, fruits, halal meat, fresh fish, vegetables and everyday grocery essentials. The store features dedicated Bakery, Meat, Fresh Fish, Ice Cream and Grocery sections, providing multiple revenue streams under one roof. Lotto and cigarette licences are available. The premises include a walk-in cooler, 5 fish fridges, 2 frozen sections, dedicated ice cream fridge, meat section, central A/C and approximately 6 designated parking spaces, plus additional customer parking. The owner has invested approximately $200,000 in renovations and improvements. Monthly lease is $3,500, including TMI, HST and water, with an existing 4+5-year lease structure. Reported transaction volume is approximately $35,000, with an estimated profit margin of 26% per month. List price includes inventory, POS system, all refrigeration and store equipment, fixtures and chattels. Owner-operated business with training and transition support available. A rare turnkey opportunity for an owner-operator, family business or investor looking to establish a strong presence in a high-demand Scarborough location. Be your own boss and take advantage of the established customer base and significant growth potential!

General Info:

Property Type:

Commercial

Property Sub Type:

Sale Of Business

Retail Area:

1100 sq. ft. Sq Ft

Lot Depth:

0'0 m

Lot Frontage:

0'0 m

Water supply:

Municipal

Zoning:

Commercial

Additional Info:

Heating type:

Gas Forced Air Open

Garage:

Outside/Surface

Parking Spaces:

6

Possession Details:

Flexible

Financial Info:

HST Applicable To Sale Price:

Included In

Type Taxes:

TMI

Taxes:

$0 / 2026

Assessment:

$- / -

County:

Toronto

Listing Area:

Toronto E06

Listing Sub-Area:

Oakridge

Inclusions:

All Fridges, POS

Other Details:

Air Conditioning:

Yes

Seller Property Info Statement:

No

Commercial Info:

Financial Statements:

No

Business Info:

Major Business Type:

Grocery/Supermarket

Category:

Without Property

Franchise:

No

Hours Open:

11 AM to 01 AM

Employees:

1

Chattels:

Yes

LLBO:

No

Seats:

1

Listing Info:

Date Listed:

Aug 16, 2026

Original Price:

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Previous Price:

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Listed by RIGHT AT HOME REALTY

Data was last updated August 16, 2026 at 04:15 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.