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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355-357 Roehampton Avenue
Mount Pleasant East Toronto M4P 1S3

$4,098,000 /For Sale
Commercial

Main Photo: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
Photo 1: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
Photo 2: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
Photo 3: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
Photo 4: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
Photo 5: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
Photo 6: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12405523
An outstanding opportunity to acquire a fully approved residential redevelopment site with a Gross Floor Area of 15,315 square feet. Located on a highly sought-after street and a 5 minute walk to the new Mt. Pleasant Subway Station and close to amenities ,including Yonge Street, Eglinton, TTC transit, schools, parks, and more. The approved proposal includes the construction of a 4-storey, 14-unit residential apartment building, featuring 14 vehicular parking spaces and a Floor Space Index (FSI) of 1.43.All municipal and planning approvals have been secured. The offering consists of two fully tenanted residential properties, currently generating strong holding income ona month-to-month basis. The existing buildings include a legal triplex and a detached bungalow, together providing a total of four legal rental units.
Property Type:
Commercial
Property Sub Type:
Land
Total Area:
9107 sq. ft. Square Feet
Total Area:
9,106.62 sq. ft.
Depth:
166'2⅞"
Frontage:
54'9"
Bedrooms:
0
Water supply:
Municipal
Kitchens:
0
Zoning:
See Rezonong Attached to Listing
Garage:
Other
Parking Spaces:
14
Possession Details:
60 days
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$12,777.6 / 2024
Assessment:
$- / -
Toronto C10
Mount Pleasant East
Toronto
Utilities:
Yes
Sewers:
Sanitary+Storm
Seller Property Info Statement:
No
Business/Building Name:
54.78' x 166' lot approved for 14 unit development near subway.
Category:
Designated
Date Listed:
Sep 16, 2025
Original Price:
Previous Price:
  • Photo 1: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
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  • Photo 2: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
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  • Photo 3: 355-357 Roehampton Avenue in Toronto: Mount Pleasant East Commercial for sale (Toronto C10)  : MLS®# C12405523
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Listed by BOSLEY REAL ESTATE LTD.
Data was last updated September 17, 2025 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.