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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43-46& 201 4438 Sheppard Avenue E
Agincourt South-Malvern West Toronto M1S 5V9

$1,288,888 /For Sale
Commercial

Main Photo: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 1: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 2: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 3: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 4: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 5: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 6: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 7: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 8: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 9: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Photo 10: 43-46& 201 4438 Sheppard Avenue E in Toronto: Agincourt South-Malvern West Commercial for sale (Toronto E07)  : MLS®# E12813784
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E12813784
An exceptional opportunity to acquire a 9,750 SF flagship commercial hospitality unit located within the prestigious Oriental Plaza. This turnkey asset features a licensed banquet hall and full-service restaurant, complemented by a dedicated meal-prep operation offering diverse, high-demand cuisines. The unit is fully outfitted with professional-grade commercial kitchen equipment, complete banquet hall and restaurant chattels, and is designed to support high-volume operations. LLBO in progress, positioning the asset for enhanced revenue generation. Strategically situated in a prime Scarborough location, moments from Highway 401, Scarborough Town Centre, and the vibrant commercial corridor along Sheppard Avenue. The location benefits from strong traffic flow, established footfall, and surrounding amenities-ideal for sustained business growth.This offering is perfect for sophisticated hospitality investors and operators seeking multiple revenue streams, including private events, banquets, dine-in service, catering, and meal-prep production. Complimentary underground parking for restaurant patrons and event guests further enhances customer convenience and operational efficiency.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
No
Total Area:
9750 sq. ft. Square Feet
Total Area:
9,750 sq. ft.
Retail Area:
9750 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Lot Details:
0.00 x 0.00 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Attached Garage:
Yes
Garage:
Underground
Possession Details:
TBA
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$39,000 / 2025
Assessment:
$- / -
Toronto
Toronto E07
Agincourt South-Malvern West
Yes
Hot water Tanks
List of chattles : All Existing Tables, Chairs, All Kitchen Equipment, All Lighting Etc.
Pos and some business branding stuffs.
UFFI:
No
Water Supply Types:
Water System
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$15,497
Property Management Company:
TSCC 1664
Business/Building Name:
Oriental Centre
Category:
Commercial Condo
Franchise:
No
Days Open:
Open 6 Days
Chattels:
Yes
LLBO:
Yes
Seats:
250
Date Listed:
Feb 24, 2026
Original Price:
Previous Price:
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Listed by EXP REALTY
Data was last updated February 25, 2026 at 02:15 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.