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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418 120 Carlton Street
Cabbagetown-South St. James Town Toronto M5A 4K2

$399,000 /For Sale
Commercial

Main Photo: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 1: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 2: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 3: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 4: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 5: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 6: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 7: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 8: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 9: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 10: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 11: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 12: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 13: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 14: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 15: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 16: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 17: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 18: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 19: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 20: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 21: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 22: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 23: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 24: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 25: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 26: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 27: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 28: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 29: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 30: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 31: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 32: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 33: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Photo 34: 418 120 Carlton Street in Toronto: Cabbagetown-South St. James Town Commercial for sale (Toronto C08)  : MLS®# C13713726
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13713726
Bus Major:
Professional Office
***Unmatched Opportunity to Own a Commercial Condo***Welcome to The prestigious Carlton on the Park Office Condominium built by TRIDEL in the heart of Downtown Toronto***Beautifully Renovated, Clean and Spacious Office Unit-Perfectly move-in ready for working professionals. Timeless design and meticulously maintained--- Spacious and versatile***Unit feature bright large front foyer for reception and common area to host your guests & waiting area framed by oversized windows that fill the space with natural sunlight***Superb & Central location to transit-Mins Walk to Carlton Subway Station, Street Cars at Doorstep & Mins to Yonge & College Subway. Centrally located to transit-Mins Walk to Carlton Subway Station, quick access to anyways in downtown Toronto. Bonus offering a wealth of amenities including multiple board rooms, indoor pool, sauna & whirpool, racquetball courts, a billiards room, elegant party spaces and many more!!
Property Type:
Commercial
Property Sub Type:
Office
Freestanding:
Yes
Total Area:
1114 sq. ft. Square Feet
Total Area:
1,114 sq. ft.
Office/Apt Area:
1114 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Attached Garage:
Yes
Garage:
Underground
Parking Spaces:
1
Possession Details:
Flexible/TBA
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$4,731.5 / 2026
Assessment:
$- / -
Toronto
Toronto C08
Cabbagetown-South St. James Town
Yes
Public
No
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Professional Office
Category:
Office
Date Listed:
Aug 26, 2026
Original Price:
Previous Price:
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Listed by KELLER WILLIAMS REFERRED URBAN REALTY
Data was last updated August 26, 2026 at 06:15 PM (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.