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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3987 Chesterwood Drive
Downsview-Roding-CFB Toronto M3J 3R8

$200,000 /For Sale
Commercial

Main Photo: 3987 Chesterwood Drive in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13843476
Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13843476
Bus Major:
Service Related
Great Opportunity To Acquire A Well-Established And Reputable Upholstery And Furniture RepairBusiness In North York, Operating Successfully For Eight Years,The Business Has Developed ALoyal Customer Base And Strong Reputation For Quality Workmanship And Reliable Services.Business Highlights:- Established Customer Base With Repeat Clientele- Specializing In Furniture Upholstery, Re-upholstery And Repairs- Excellent North York Location With Convenient Access- Fully Equipped And Ready For A New Owner To Operate Immediately- Sale Includes Equipment, Tools, Fixtures, Furnishings, Inventory, Established SupplierRelationship,Training And Transition Assistance To Ensure A Smooth Handover To The Purchaser.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Approx. Age:
6-15
Total Area:
1000 sq. ft. Square Feet
Total Area:
1,000 sq. ft.
Retail Area:
1000 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Radiant
Survey Available:
No
Garage:
Other
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto W05
Downsview-Roding-CFB
Public Transit
Partial
Industrial Sewing Machine, Pneumatic Staplers And All Existing Inventory.
No
UFFI:
No
Utilities:
Available
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Financial Statements:
Yes
Major Business Type:
Service Related
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
0
Employees:
0
Chattels:
No
LLBO:
No
Outside Storage:
No
Seats:
0
Date Listed:
Sep 30, 2026
Original Price:
Previous Price:
  • Photo 1: 3987 Chesterwood Drive in Toronto: Downsview-Roding-CFB Commercial for sale (Toronto W05)  : MLS®# W13843476
    Photo 1 of 1
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Data was last updated September 30, 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.

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.