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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392 Eglinton Avenue W

Lawrence Park South Toronto M5N 1A2

$3,199,000 /For Sale

Commercial

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Status:

Active

Prop. Type:

Commercial

MLS® Num:

C13583286

• Photos (47)

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Prime mixed-use opportunity in one of Midtown Toronto's most desirable commercial corridors. Perfectly positioned on Eglinton Avenue West near Avenue Road, this beautifully renovated property offers exceptional exposure, steady pedestrian and vehicular traffic, and outstanding flexibility for both business owners and investors.The ground floor features a fully renovated retail space-a modern blank slate ready to bring your business vision to life. Whether you're opening a boutique, wellness studio, service-based business, the bright open layout provides the ideal canvas to customize to your needs. The lower level offers excellent additional space for storage, utilities, or future improvements, ready for your personal touch.Adding to the property's appeal is the self-contained upper-level residential suite, creating the perfect live-work opportunity. Live above your business and enjoy a virtually effortless commute, or lease the residential space to generate valuable passive rental income and help offset operating costs.Located beside the iconic Eglinton Grand event venue and surrounded by established retailers, restaurants, professional offices, and affluent residential neighbourhoods, this address offers unmatched visibility and convenience. The property also benefits from excellent transit connectivity, just minutes from the newly opened Eglinton Crosstown LRT, Allen Road, and major commuter routes, making it easily accessible for both clients and employees.Additional highlights include excellent street frontage with prominent signage opportunities, versatile permitted commercial uses, a rare private outdoor terrace on the upper level, and endless potential to establish or expand your business in one of Toronto's fastest-growing neighbourhoods.An exceptional opportunity to own a turnkey commercial property with income potential in a premier Midtown Toronto location.

General Info:

Property Type:

Commercial

Property Sub Type:

Commercial Retail

Freestanding:

No

Total Area:

3604 sq. ft. Square Feet

Total Area:

3,604 sq. ft.335 m2

Retail Area:

2036 sq. ft. Sq Ft

Office/Apt Area:

1568 sq. ft. Sq Ft

Lot Depth:

110'33.5 m

Lot Frontage:

19'11"6.07 m

Water supply:

Municipal

Zoning:

CR3

Additional Info:

Heating type:

Water Radiators

Garage:

None

Parking Spaces:

2

Possession Details:

Flex Closing

Financial Info:

HST Applicable To Sale Price:

Included In

Assessment Year:

2025

Type Taxes:

Annual

Taxes:

$26,890 / 2025

Assessment:

$- / 2025

County:

Toronto

Listing Area:

Toronto C04

Listing Sub-Area:

Lawrence Park South

Area Influences:

Major Highway, Public Transit

Security Features:

Yes

Rental Items:

NA

Inclusions:

Retail Reception Desk, Retail Mirrors, Clothes Washer and Dryer in Basement. All Light fixtures

Exclusions:

Right of way at rear of property for convenient deliveries.

Elevator:

None

Other Details:

Utilities:

Yes

Air Conditioning:

Yes

Seller Property Info Statement:

No

Business Info:

Category:

Retail

Outside Storage:

Yes

Listing Info:

Date Listed:

Jul 20, 2026

Original Price:

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Previous Price:

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Listed by SUTTON GROUP-ADMIRAL REALTY INC.

Data was last updated July 21, 2026 at 06:15 AM (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.